BEER model suggests REER of RUB to contrast
Jun 03, 2015 08:01 am UTC| Insights & Views
We estimate a Behavioral Equilibrium Exchange rate model for Russia to establish to what extent REER movements have been driven by an adjustment to its equilibrium values, consistent with changing fundamentals.Although the...
Weak ADP employment would pose further challenge for dollar
Jun 03, 2015 07:55 am UTC| Insights & Views
ADP employment data to be released at 12:15 GMT is todays most vital dockets from US to be watched by market participants. What is ADP employment? The report is a measure of non-farm private sector employment which is...
Jun 03, 2015 07:25 am UTC| Insights & Views
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...
Guide to today’s important data and events
Jun 03, 2015 06:45 am UTC| Insights & Views
Lot of economic dockets to be released today withhigh risk associated. Focus is on Euro zone inflation. Data released so far - Australia - GDP came better than expected in the first quarter, growing 0.9% q/q and 2.3%...
GBP/USD short term trend reversal, Delta on ATM call lures for hedging
Jun 03, 2015 06:28 am UTC| Insights & Views
Technical updates:The currency cross has taken support and began bouncing back exactly at 100% retracement soon after breaching the lower channel line at 1.52 levels.As shown in the daily graph the pair had breached lower...
Construction activity (Purchasing &Supply) fuels UK economic growth
Jun 03, 2015 06:22 am UTC| Insights & Views
Construction PMI in UK is printed positively at 55.9 which is a way beyond forecast at 55.1. We expect this positive number has to boost the economic growth.As a result, the pound climbed up against the US dollar on...
Jun 02, 2015 15:24 pm UTC| Insights & Views
Equities are red across globe today. Performance this week at a glance in chart table - SP 500 - SP is down as weaker factory orders pose doubts on US economic strength. ISM New York came at 54 in May, lower than...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do