Indian equity markets finally halt a massive “Bull Run”
Apr 22, 2015 09:15 am UTC| Insights & Views
Last 5 straight trading sessions have confirmed the decelerated Indian equity markets momentum to settle the Indian benchmark index nifty50 below 8400 levels. Heavy inflows from FIIs to the equity market from have finally...
Bill gross likes to short bund, we like to differ
Apr 22, 2015 08:44 am UTC| Insights & Views
Former bond king of PIMCO, Bill Gross sees historic opportunity to short 10 year bund. He is a very well-known bond market veteran, who over the years at PIMCO generated higher return for investors. However, waning...
SGD speculation on falling export volumes, likely weaker PMI
Apr 22, 2015 08:07 am UTC| Insights & Views
We see Singapores Purchasing Managers Index (PMI) declined for the fourth consecutive month in March. As per pre-determined estimates of industrial activity of March, PMI halted in negative area at 49.6 due to the weaker...
Steady MPC votes might push pound higher
Apr 22, 2015 07:54 am UTC| Insights & Views
Pound traders are awaiting BOE minutes and might keep mute until the release. Bank of England (BOE) minutes will be released at 8.30 am GMT. Pound is trading around 1.496 this morning, showing strength this week with...
Crude falls as Saudis’ stop bombing, might be temporary
Apr 22, 2015 07:21 am UTC| Insights & Views
Saudi Arabia on Tuesday announced an end to Operation Decisive Storm, its coalition bombing campaign against Houthi rebels in Yemen. Crude oils bulls failed to maintain their ground on announcement giving up most of the...
Guide to today’s important data and events
Apr 22, 2015 07:19 am UTC| Insights & Views
Economic dockets are less today, with low risk associated. Data released so far - Australia - Westpac leading index dropped by -0.3% in March compared to 0.1% growth prior. Consumer price index grew at slower pace of...
Euro collapse continues as German investors face dilemma over Greece threats
Apr 22, 2015 06:10 am UTC| Insights & Views
The Centre for European Economic Research(ZEW) is signaling the further plunge in downgraded Euro currency caused by the Greeces exiting threats. This has been evidenced in the Germaninvestor sentiment index followed by...