Key extracts from ECB press conference
Sep 03, 2015 13:42 pm UTC| Insights & Views Central Banks
European Central bank chose to keep policy unchanged, however pushed Euro down with its outlook and views. Euro is down from 1.123 against Dollar, before press conference to 1.115 as of now. Key highlights Weaker...
Sep 03, 2015 13:06 pm UTC| Insights & Views
Analysts and economists at different investment banks are unanimous over one thing at least, Brazils economic situation is quite bad and it is likely to get worse going ahead. According to latest projection by...
European migrant crisis will test the integrity and unity of European Union
Sep 03, 2015 12:32 pm UTC| Insights & Views
European Union laws are on the verge of breakdown as Europe suffers through its worst migrant crisis since Yugoslavian was in the 90s. The above picture shows the body of a Syrian boy, shored up in Turkeys beach resort...
PBoC to rise gold reserves, rise in gold imports likely
Sep 03, 2015 12:28 pm UTC| Insights & Views Central Banks
Mounting real income and associated jewellery consumption is the main driving force of Chinese demand. Greater investment demand, as China continues to develop its gold investment markets, is a further source of support....
Sep 03, 2015 11:38 am UTC| Insights & Views Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by press conference at 12:30 GMT. Meeting is to be held in Frankfurt. Current policy...
2015 proving to be bad year for Japanese equity inflows
Sep 03, 2015 11:14 am UTC| Insights & Views
According to latest data from Japans finance ministry, 2015 proving to be tough year for Japanese equity inflows, which after growing positive initially has turned sour and falling at fastest pace in at least a...
Russia in the middle of recession, Ruble to turn more volatile by end-2015
Sep 03, 2015 09:59 am UTC| Insights & Views
The economic slowdown in China and the accompanying slump in commodity prices a catastrophe for Russias currency and economy. An ailing economy already squeezed by Western sanctions, has been sent into virtual free fall....