Currency snapshot (commodity pairs)
Mar 10, 2015 15:16 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) lost further grounds in todays trading. A chart and table is attached for explanation. Aussie failed to gain above 0.77 levels against dollar but holding off well. Further losses cant be...
Currency snapshot (major pairs)
Mar 10, 2015 14:53 pm UTC| Insights & Views
Dollar is in mega rally in March so far and continues its rally against all the majors (EUR, GBP, CHF, and JPY). This weeks performance at a glance in chart and table. Euro breaking into lower lows as bonds across...
Emerging market vulnerability: dollar debt edition
Mar 10, 2015 14:09 pm UTC| Insights & Views
Emerging markets remain very vulnerable over rising interest rates in US and USD denominated bonds. Since 2010, issuing dollar bonds remained extremely popular amid low interest rates in US. Recent rampant movement in...
Seven reforms proposed by Greece
Mar 10, 2015 12:53 pm UTC| Insights & Views
Greeks have laid out the path for probable reforms and discussions in the coming Euro zone finance ministers meeting may follow and get to the specifics along the laid out proposals. Reform 1 - Appointing a fiscal...
Indian consumer confidence improves
Mar 10, 2015 12:11 pm UTC| Insights & Views
Consumer sentiment in India rose for a second month in February, according to a reading by MNI. The continued its drop across 2013 but stabilized after new government came to power in 2014. Index is still down by 5.2% for...
Saudi Arabia changed oil politics
Mar 10, 2015 11:27 am UTC| Insights & Views
Over the last decade Saudi Arabia along with OPEC acted as a safety net for the oil price; cutting the production whenever price fell too much. This time around the Saudis are playing a different ball game. They are not...
Tax recovery can earn billions for Greece
Mar 10, 2015 11:00 am UTC| Insights & Views
European finance ministers are to hold lots of meetings in the coming days as the country continues to suffer from cash problems over the debt repayment to IMF and ECB. Greece has paid 0.3 billion to IMF from a total due...