Aug 03, 2015 11:37 am UTC| Insights & Views
Technical Inference:Bears in bullion market are testing channel line support at 1071 levels on weekly basis but prices are most likely to remain in range (1070-1105 levels), if it manages to hold then the marginal bounces...
Slowing Chinese economy needs more attention over stock market
Aug 03, 2015 11:16 am UTC| Insights & Views
Latest PMI report points at continued slowdown of Chinas robust manufacturing sector. Over the weekend, release of Chinas official PMI pointed at stalled growth for July with a reading of 50. Today, Caixin official PMI...
ECB’s quantitative easing increases European trading volume
Aug 03, 2015 10:38 am UTC| Insights & Views
European Central Bank (ECB) started its securities purchase program on March 2015 with 60 billion purchase per month. This massive and unprecedented easing by ECB has resulted in investors pouring money to the regions...
Greek stock market opens after 5-week shutdown, recovers from 23% slump
Aug 03, 2015 10:23 am UTC| Insights & Views
Greek stock market has reopened today, after closing since June 29th. In the meantime the country come closest to tumbling out of Euro-zone, which has been saved by last minute deal between Greek Prime Minister Alexis...
Monetary Policy divergences start to widen across developed markets and EM
Aug 03, 2015 10:01 am UTC| Insights & Views
US/UK policy divergence relative to the rest of the developed world is becoming more and more evident. The US looks set to normalize policy rates as early as September and the Bank of England by Q1 2016, leading the DM...
Guide to today’s important data and events
Aug 03, 2015 09:32 am UTC| Insights & Views
Lot of economic dockets scheduled for today with medium to high risk associated. Data released so far - Australia - TD securities inflation rose by 1.6% in July, on yearly basis. HIA new home sales rose 0.5% in June...
Aug 03, 2015 09:07 am UTC| Insights & Views
EOD technical charts have shown a slight recovery from last weeks loses. An inverted hammer pattern is formed on Friday at 0.7027 levels and intraday sentiments are bullish bias but the healthy UK PMI is disturbing the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects