RBA need to hold rates low for long
Apr 07, 2015 11:21 am UTC| Insights & Views
Reserve Bank of Australia (RBA) has kept hold steady today at 2.25%, however capital expenditure and lower government spending indicates that rates need to be kept low for long time. Lower commodity prices has hit the...
Greece claims € 279 billion from Germany
Apr 07, 2015 10:36 am UTC| Insights & Views
Current Greek government has stepped up its claims over WWII reparations from Germany. Greeces deputy finance minister said that Germany owes it nearly 279 billion in reparations for the Nazi occupation during...
Greece’s fruit politics with Russia worries EU leaders
Apr 07, 2015 10:05 am UTC| Insights & Views
Greek Prime minister Alexis Tsiparas will hold talks with Russian counterpart Vladimir Putin on Wednesday in Kremlin. This development clearly worries policymakers in Europe and beyond, who remain at loggerheads with...
Growth Strengthens in Euro zone
Apr 07, 2015 09:11 am UTC| Insights & Views
After years of economic turmoil, Euro zone growth is returning across region boosted by European Central Banks (ECB) ultra-loose monetary policies. As of now, ECB is purchasing 60 billion worth of securities per...
RBA worries over housing sector
Apr 07, 2015 08:41 am UTC| Insights & Views
Low rates have been fuelling investments in Australian Housing sector for some time now. In Australia, Housing prices are up more than 20% since 2012. In Sydney alone Prices are up more than 50% in three...
Aussie maintains gains post RBA
Apr 07, 2015 08:05 am UTC| Insights & Views
As expected by economists and market participants Reserve Bank of Australia (RBA) has kept policy rates on hold at 2.25%. Aussie flew from its intraday low around 0.757 and traded around 0.771 post RBA decision. However...
Guide to today’s important data and events
Apr 07, 2015 07:33 am UTC| Insights & Views
Data and evnt risks are low today. Europe is open after long Easter holiday. Data released so far - Australia - RBA kept policy rates on hold at 2.25%. Retail sales improved in March by 0.7%. Switzerland - Forex...