HSBC, market maker in Yuan-Franc
Nov 09, 2015 14:41 pm UTC| Insights & Views
Another evidence that China is in no mood to step down reform but to accelerate it in its bid not only to gain Yuan a seat at International Monetary Funds (IMF) Special Drawing Rights (SDR) basket but to increase global...

Gold bulls lack conviction even after 8 days of consecutive decline
Nov 09, 2015 13:05 pm UTC| Insights & Views
Even after 8 days of consecutive decline, gold bulls are still struggling to find a minimum rhythm to break the bear momentum. In past decade Gold has declined only three times for eight consecutive days and once for...

NFP report and Bihar election hit Rupee hard
Nov 09, 2015 11:30 am UTC| Insights & Views
Fridays non-farm payroll report, coupled with current governments setback in Bihar election has seriously unsettled Rupee, which is back trading close to its all-time low against Dollar. Rupee in the spot market is...

Key ideas that will drive foreign exchange markets ahead
Nov 09, 2015 11:09 am UTC| Insights & Views
Economic, monetary, and political developments in the US (within the developed world) and in China (within the emerging-market world) will continue to drive market sentiment across asset classes. Tensions are de-escalated...

Copper on the verge of next leg down
Nov 09, 2015 10:54 am UTC| Insights & Views
Copper looks like to extend its recent loss and on the verge of breaking a three month low made in August, when China devalued its currency by 1.9% in a single day. Copper for the last three months, has been...
India Gold Monetization Scheme – Part 1 – key features
Nov 09, 2015 09:57 am UTC| Insights & Views
According to latest estimate, Indian consumers hold directly or indirectly 22,000 tons of Gold, almost three times the total holding of US Federal Reserve. Current value of that gold is around $800 billion or 39% of...

Migrant crisis series – Economic weakness could prove costly for Merkel
Nov 09, 2015 09:13 am UTC| Insights & Views
German Chancellor Angela Merkel, who has been immensely popular, even throughout Euro Zone debt crisis is in tough spot this year. Her approval rating has fallen by record (though still well above 50%) and she is not the...