Top currency performer in 2015 – Ruble
Apr 09, 2015 10:58 am UTC| Insights & Views
Ruble after dismal performance last year, is the best performer this year. Ruble is up, 12.5% against dollar, 22% against Euro and 18% against pound. It even appreciated 10.5% against Swiss Franc. However, due to last...
FED becomes victim of currency wars
Apr 09, 2015 10:14 am UTC| Insights & Views
Latest FOMC minutes released yesterday, shows FED officials remain worried about strength of the Dollar which has pushed policymakers to rethink rate hike. In 2013, during emerging market currency fallout, currency war...
Apr 09, 2015 08:40 am UTC| Insights & Views
Greece has successfully repaid the current tranche of IMF payment of 0.45 billion. With that pressure eases somewhat on Greece. 3 year bond yield that was hovering close to 24% has now fallen back towards 20% level,...
Top concerns of BOE, heading into rate decision
Apr 09, 2015 08:18 am UTC| Insights & Views
Today Bank of England (BOE) will announce monetary policy decisions at 11:00 GMT. No change in policy is expected today and the event may turn out as non-impacting one, as policy decisions at BOE are usually not followed...
Guide to today’s important data and events
Apr 09, 2015 07:40 am UTC| Insights & Views
Event and data risks are moderate today, Focus is on UK trade balance and BOE rate decision. Data released so far - Germany - Industrial production grew 0.2% m/m in February from 0.6% prior. Trade balance improved...
World real estate market to suffer lack of petro dollar
Apr 08, 2015 16:00 pm UTC| Insights & Views
Petro dollar is a term coined to denote dollar earned over selling of petroleum products. Importance of petro dollars are of high importance in global financial system as these idle dollars usually chase real estate...
Apr 08, 2015 15:46 pm UTC| Insights & Views
Energy segment lost grounds fast today, as supply concerns still remain at play. Weekly performance at a glance in chart table Oil (WTI) - WTI gave up gains after API data indicated inventory rise of 12.2 million...