China’s problem is debt not growth
Mar 03, 2015 09:56 am UTC| Insights & Views
Latest data suggest that the slowdown in China is real. Last year GDP has slowed to multi decade low to 7.4 percent. This year it is widely expected that government will reduce the GDP estimate further towards 7%. ...
Mixed views come over Greece bailout
Mar 03, 2015 09:07 am UTC| Insights & Views
Greek government had secured an extension of the current bailout programme by four months to negotiate over better deals with European counterparts last month. Different views over the negotiation already started...
Yen gains on official comments
Mar 03, 2015 08:31 am UTC| Insights & Views
Yen is currently trading at 119.7 up 0.40% percent for the day against the dollar. In intra day trading Yen traded as low as 119.5 against dollar. Esturo Honda, economic adviser of Prime Minister Shinzo Abe warned the...
Aussie may not gain much from RBA’s rate hold
Mar 03, 2015 08:06 am UTC| Insights & Views
Today Reserve Bank of Australia (RBA) kept its policy rate on hold at 2.25 percent. Australian dollar is enjoying bids on the news so far. Key notes - RBA acknowledged the weakness in the economy in Australia and...
Guide to today’s vital data & events
Mar 03, 2015 07:33 am UTC| Insights & Views
Today is a day with medium event risk. Todays focus is on India, UK and Canada. Data released so far - Australia - Building permits showed growth of 7.9% compared to prior contraction of 2.8%. Reserve bank of...
Cracks appear in UK governing coalition as election looms
Mar 02, 2015 15:32 pm UTC| Insights & Views
UK is about face its most uncertain election at least in 100 years according to political analysts. The tentative date for the election is May 7, 2015. Current coalition government between the conservative party and...
Treasuries and bunds moved further apart
Mar 02, 2015 11:19 am UTC| Insights & Views
Two divergent central banks are creating havoc in the bond world that provides queues to future expectation and market movements. Today European Central Bank (ECB) starts off with its massive open ended purchase...