Rate hikes only to increase Brazil and Real’s pain
Mar 05, 2015 08:59 am UTC| Insights & Views
Brazils central bank raised interest rates by 50 basis points to 12.75 percent to contain the inflationary pressure. Inflation exceeds the central banks target of 4.5 percent (with 2 percent range) to annualized 7.14...
Chinese government slashes GDP target to seven percent
Mar 05, 2015 08:11 am UTC| Insights & Views
Chinas policy makers are holding their annual conference in China on various issues including economy and Geo- political that is expected to continue further over the week. Updates so far - Seems like consensus have...
Guide to today’s important data & events
Mar 05, 2015 07:34 am UTC| Insights & Views
Today is of moderate data risk but high profile event risk. Todays focus is on governor Draghi. Data released so far - Australia - Retail sales picked up in January by 0.4 percent mom compared to previous 0.2 percent....
Dollar strengthens as yields rise
Mar 04, 2015 16:48 pm UTC| Insights & Views
Strong US economic dockets further fuelling the Dollar run and yields push as possibilities of a rate hike seems imminent. Currency segment - Dollar index pushed to further heights over strong ADP payroll and PMI...
Services PMI across globe at a glance
Mar 04, 2015 16:15 pm UTC| Insights & Views
Services PMI data released today suggest despite divergence, global growth is improving as a whole. Key highlights - China services continued to expand at better rate 52 Spain come back is still robust at 56.2 ...
Mar 04, 2015 15:45 pm UTC| Insights & Views
Energy segment still continue to suffer over supply side issues and comments. Performance this week at a glance in chart table - Oil (WTI) - WTI is failing to gain above $50 as supply glut continue to weigh on price....
Commodities snapshot (precious & industrial)
Mar 04, 2015 15:25 pm UTC| Insights & Views
Metals performance remains mixed this week as some are losing in the face of stronger dollar while other are trying to recover over supply and demand. Performance this week at a glance in chart table - Gold - Gold has...