Who will pay what in Greece’s third bailout?
Jul 14, 2015 13:10 pm UTC| Insights & Views
European lenders have delivered a deal, to avert any disorderly exit of Greece from Euro zone. The package proposed by lenders is much larger at 86 billion than 53.5 billion asked by Greek Prime Minister Alexis...

Iran deal good for emerging Asia
Jul 14, 2015 12:40 pm UTC| Insights & Views
Iran has secured a nuclear accord with major world powers which will keep an Iranian Nuclear bomb at bay in return for sanctions removal. Deal is yet to be passed by US congress, however US president Barrack Obama has...
Jul 14, 2015 12:33 pm UTC| Insights & Views
Technical glance: (GBP/JPY)On weekly chart of this pair shows doji pattern on market peak which means an earlier trend reversal is boiling on. In additional to that there are hanging man patterns candles occurred at...

Jul 14, 2015 12:03 pm UTC| Insights & Views
US retail sales statistics for June will be released at 12:30 GMT, today. Why retail sales and US consumers are important? Domestic consumption of goods contribute about 25% of GDP or around $ 4 trillion as of...
Euro area Industrial production report highly concerning
Jul 14, 2015 11:59 am UTC| Insights & Views
Euro area industrial production dropped by -0.4% in May on monthly basis, which stands as worst decline since October last year. However production is still up by 1.6% from a year ago. Which sectors remain a drag to...
German and Italian data calm down euro sell-off stress after Greece bailout
Jul 14, 2015 11:43 am UTC| Insights & Views
The German ZEW has softened for three consecutive months, partly on the back of Greek-related tensions. On the other hand, euro area industrial production has disappointed with a contraction of -0.4% in May from over...
Iran done deal weighs on oil, time to buy IRR
Jul 14, 2015 10:55 am UTC| Insights & Views
Six major world powers (US, UK, France, Russia, Japan and Germany) sealed a nuclear deal with Iran, which is at one hand likely to curb Irans nuclear ambition for decades and free up Iranian crude in already oversupplied...