Turkey moves to next phase of crisis – debt
Sep 15, 2015 16:05 pm UTC| Insights & Views
After stock market and currency market turmoil, emerging market might be facing next phase of crisis and thats a credit one. Turkey provided evidence over this and shows it could be very much real. Emerging markets...
Regional review of Euro zone employment growth
Sep 15, 2015 16:01 pm UTC| Insights & Views
Latest data reveal that Euro zone employment rose by 0.3% in Second quarter compared to 0.2% in the first and better than analysts expectation of just 0.1% growth. However, just as Mr. Draghi, governor of European...
BAML survey shows asset managers worried over China falling into recession
Sep 15, 2015 13:27 pm UTC| Insights & Views
Bank of America Merrill Lynch (BAML) survey shows investors are worried over further slowdown in China and debt crisis in emerging markets. BAML surveyed 214 fund managers with $593 billion assets under management. While...
Prada's earnings report reveals Euro zone’s headwinds from emerging markets
Sep 15, 2015 12:49 pm UTC| Insights & Views
European luxury product maker, Pradas earnings report shows weaker Euro is not enough and could even turn out to be meaningless if global growth slows down, especially across emerging markets. Prada reported 23% drop in...
Pessimistic RBA minutes halts optimistic rise in Aussie
Sep 15, 2015 12:14 pm UTC| Insights & Views Central Banks
Australian Dollars three day consecutive rise got halted by pessimistic minutes from Reserve Bank of Australia, according to whom, economic growth is running below average and downside risks have increased from overseas...
Why buying Yen against Dollar is relatively attractive deal ahead of FOMC meet
Sep 15, 2015 11:03 am UTC| Insights & Views
With Bank of Japans (BOJ) monetary policy out of the way, Yen has found bids heading into FOMC. Yen is the best performing major for second consecutive day and this weeks best performing major so far. With no further...
Why buying Yen against Dollar is relatively attractive deal ahead of FOMC meet
Sep 15, 2015 11:01 am UTC| Insights & Views
With Bank of Japans (BOJ) monetary policy out of the way, Yen has found bids heading into FOMC. Yen is the best performing major for second consecutive day and this weeks best performing major so far. With no further...