Sep 21, 2017 10:39 am UTC| Commentary
Russian presidential envoy to Afghanistan, Zamir Kabulov, after a meeting with U.S. counterpart Alice Wells, US special representative for Afghanistan and Pakistan said that Washington is willing to co-operate with Moscow...
Standard & Poor's cuts China’s rating to A+ citing higher financial and economic risks
Sep 21, 2017 10:22 am UTC| Commentary
One of the top global rating agencies, Standard Poor has downgraded Chinas sovereign rating by one notch from AA- to A+ citing higher financial and economic risks. With this action, SPs rating on China came at par with...
Fed Hike aftermath Series: Hike probability spiked after FOMC decision
Sep 21, 2017 08:31 am UTC| Commentary Central Banks
Yesterday, in its monetary policy announcement Fed signaled another hike by the end of the year and initiated the balance sheet reduction beginning October. In light of that, lets take a look at the market pricing of...
USD/ZAR likely to head towards 14.00 over the coming quarter, says Commerzbank
Sep 21, 2017 08:31 am UTC| Commentary Economy
The USD/ZAR currency pair is expected to head towards a level of 14.0 over the coming quarter, owing to lower interest rates in the economy. The South African Reserve Bank (SARB) is scheduled to meet today for a monetary...
Global Geo-political Series: EU’s Mogherini says no renegotiation of Iran nuclear deal
Sep 21, 2017 08:15 am UTC| Commentary
After Wednesdays meeting with Iran and other six world powers on the sidelines of United Nations General Assembly, where the U.S. President Donald Trump was a speaker and heavily criticized the Iran nuclear agreement, the...
BOJ monetary policy: Assessing future bias
Sep 21, 2017 07:15 am UTC| Commentary Central Banks
At todays meeting, policymakers at the Bank of Japan (BoJ) kept the policy unchanged, and the benchmark interest rate at -0.1 percent. Lets look at the current monetary policies, Bank of Japan had already shifted...
Sep 21, 2017 06:42 am UTC| Commentary Economy
The New Zealand bonds gained at the time of closing Thursday as investors poured into safe-haven instruments, away from riskier equities and oil, despite the ruling National Party gaining traction in the latest NZ election...