Canadian dollar gets boost from governor Poloz
Feb 25, 2015 07:56 am UTC| Insights & Views
After falling to 1.2670 against the dollar yesterday, near its two week low the loonie has snapped back sharply over the comments from Bank of Canada (BOC) governor Stephen Poloz. The governor poured cold water over...
Feb 25, 2015 07:22 am UTC| Insights & Views
Today China HSBC manufacturing PMI data was released at 1:45 GMT. Data print showed, manufacturing PMI expanded to 50.1 over expectation of 49.5 The data pointed that manufacturing expanded after consecutive...
Market remain neutral over the comments of Janet Yellen
Feb 24, 2015 16:57 pm UTC| Insights & Views
Janet Yellen is presenting the FEDs biannual testimony before congress today. This is a two day event, though the first day is usually the major market movers. Key points in the testimony - FED recognizes the current...
US services sector remain strong
Feb 24, 2015 16:35 pm UTC| Insights & Views
Today Markit services PMI data was released at 14:45 GMT in US. The report showed that service sector business activity rose to 57 from 54.2 in January 2015 and in line with 2014 average of 57.1 Payroll numbers...
Greek propsal satisfies TROIKA
Feb 24, 2015 15:56 pm UTC| Insights & Views
Today the TROIKA (ECB, IMF European Commission) has given the green light to Greek deal. The reforms proposed, also require the finance ministers approval. The proposals of the Greek government are broader based than...
Feb 24, 2015 14:55 pm UTC| Insights & Views
Central bank of Turkey is the latest, which has sought to further ease the monetary condition. Turkeys central bank, today cut its benchmark one-week repurchase rate by a further 25 basis points to 7.50...
Europe further dips into deflation
Feb 24, 2015 14:30 pm UTC| Insights & Views
Consumer inflation data was published today at 10:00 GMT. The headline number showed that inflation slowed to -0.6% YoY -1.2% mom. The lowest annual rates were registered in Greece (-2.8%) and Spain (-1.5%)....
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects