Currency snapshot (major pairs)
Mar 18, 2015 13:15 pm UTC| Insights & Views
Dollar is mixed against the majors (EUR, GBP, CHF, and JPY) over portfolio adjustments ahead of FOMC today. Dollar index is at 99.62 trading flat for the day. This weeks performance at a glance in chart and table - Euro...
China might not reach 7% growth
Mar 18, 2015 12:24 pm UTC| Insights & Views
Policymakers this year reduced Chinas growth target to 7% compared to 7.5% last year. China grew at 7.4% rate per annum. Other economic dockets pose considerable doubt over Chinas ability to grow at the targeted pace and...
Mar 18, 2015 11:41 am UTC| Insights & Views
Market seems to solely focusing on one point - Federal Reserve (FED) to be patient or not to be. Evolution and implication - FED communicated to market in 2014 that policy would remain accommodative for considerable...
Should Greece be given another chance?
Mar 18, 2015 10:58 am UTC| Insights & Views
Many economists, market participants and general people are of the view that there had been enough of Greek drama and it should be out or thrown out of Euro zone. Greek government is haggling over the bailout conditions...
Mar 18, 2015 10:11 am UTC| Insights & Views
Today at 14:30 GMT, EIA will be polishing details on crude inventory. Few vital facts are laid out before the release. Active rig count has fallen to 822, down by 46% since October peak. US active storage capacity is...
Mar 18, 2015 08:54 am UTC| Insights & Views
Economic and socio-political conditions of Mexico says that trouble for Peso is not over. Economy at a glance - GDP is growing at annual rate of 2.6% still but growth has slowed from 4.5% in 2012. Growth remain subdued...
Mar 18, 2015 08:20 am UTC| Insights & Views
Recently pound has suffered as weaker data poured water over rate hike bet. Traders and investors will focus if weaker economic activity changing the moods of MPC members. ILO unemployment data the Bank of England (BOE)...
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