Enough of that suspense, hike rates – To FED from EM

Sep 10, 2015 16:52 pm UTC| Insights & Views

Who would have thought it would be emerging markets calling for a hike in September, when everyone thought they would prefer no. And our beloved World Bank was issuing warnings to FED that a rate hike next week would...

WTI is likely to weaken beyond financial crisis low if key support gets cleared around $43/barrel

Sep 10, 2015 15:00 pm UTC| Insights & Views

Today is the third day when WTI is testing key support area around $43/barrel and so far bulls havent given in to gravity. In spite of recent report from US Energy Information Administration (EIA) over slowdown in US...

Brazilian Real suffers ugly sell offs as S&P downgrades Brazil to junk

Sep 10, 2015 13:42 pm UTC| Insights & Views

Last night, credit rating agency Standard and Poor (SP), stripped off Brazil of its investment grade credit rating by reducing the rating to BB+ from BBB-. Immediately, lot of money will flow out of countrys asset market,...

Eurozone is way behind when it comes to employment

Sep 10, 2015 12:33 pm UTC| Insights & Views

Euro zone has better growth dynamics or to say, delta for growth is much higher even compared to United States and United Kingdom, two of the fastest growing G7 nations. Moreover as an area, it has much better trade...

Key highlights from BOE monetary policy and minutes

Sep 10, 2015 11:47 am UTC| Insights & Views Central Banks

Bank of Englands monetary policy committee (MPC) chose to keep monetary policy steady for 6 years and 7 months with interest rates at record low 0.5%. Last time policy rate was changed dates back in February 2009, when...

No immediate need for SNB to intervene

Sep 10, 2015 11:40 am UTC| Insights & Views Central Banks

SNB convenes on 17 September to announce the quarterly monetary policy assessment and is widely expected to keep the key policy rates unchanged at -0.75%. Although the international environment has become more uncertain,...

Trade slows down across G7 and BRICS in spite of optimistic central bankers

Sep 10, 2015 11:16 am UTC| Insights & Views

Global trade, a barometer for global growth is pointing to trending slow down across G7 and BRICS countries. Without rise and sustenance in trade across world, it will be difficult to achieve sustained growth. The chart...