Currency snapshot (major pairs)
Mar 05, 2015 13:28 pm UTC| Insights & Views
Dollar further advanced against the majors (EUR, GBP, CHF, and JPY) taking support from the rising yields. A chart and table is attached for explanation. Euro broken below the support of 1.11 and further fell against...
Mar 05, 2015 12:24 pm UTC| Insights & Views
The most liquid iron or future in Chinas Dalian commodity exchange hits the lower limit today. It fell further in the after hour trading. Its currently trading at Renminbi (Rmb) 460 per ton. Its extremely cheap - Doing...
Mar 05, 2015 12:01 pm UTC| Insights & Views
European Central bank has started its first ever targeted asset purchase programme from this month at 60 billion per month. The announcement has already altered the declining sentiment and triggered off massive flow of...
Inflation expectations rise faster in US
Mar 05, 2015 11:18 am UTC| Insights & Views
Latest data suggest that consistent FED over the rate hike this year might be succeeding to anchor the inflation expectation over the longer horizon. 5 year break even inflation rate as shown in the chart is rising...
Mar 05, 2015 10:45 am UTC| Insights & Views
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Cyprus. Current policy - Deposit...
Mar 05, 2015 09:57 am UTC| Insights & Views
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Cyprus. Current policy - Deposit...
Rate hikes only to increase Brazil and Real’s pain
Mar 05, 2015 08:59 am UTC| Insights & Views
Brazils central bank raised interest rates by 50 basis points to 12.75 percent to contain the inflationary pressure. Inflation exceeds the central banks target of 4.5 percent (with 2 percent range) to annualized 7.14...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects