
US labour market better than expected in October
Nov 04, 2015 13:29 pm UTC| Insights & Views
Today ADP employment numbers were released from US for the month of October. ADP number shows US economy and its labour markets are quite resilient, in spite of recent slowdown. There are two things to note even in the...

Nov 04, 2015 12:59 pm UTC| Insights & Views
WTI crude is attempting to beach resistance at 48.10 levels which has already tested this level as crucial point of demand and supply several times in the past (see blue colored circled areas).It may drag up to 49.40 if it...

Nov 04, 2015 12:51 pm UTC| Insights & Views
ADP employment data to be released at 13:15 GMT is todays most vital dockets from US to be watched by market participants. This is part of the key data ahead of September FOMC, What is ADP employment? The report is a...
ECB likely to act, in spite of strong manufacturing and services growth
Nov 04, 2015 12:36 pm UTC| Insights & Views
Euro zone growth dynamics is in much better shape than last year and way better than registered during debt crisis back in 2011/12, however that not likely to deter European Central Bank from easing policy further. Since...
How good Iranian nuclear deal as US flags burn in Tehran?
Nov 04, 2015 11:43 am UTC| Insights & Views
Iranians are marking anniversary of US embassy takeover back in 1979 by burning US flags and President Barrack Obama effigies in streets of Tehran. Thousands have gathered and marching the street shouting familiar slogans...
Nov 04, 2015 11:22 am UTC| Insights & Views
Although crude prices have surged yesterday despite the strong US dollar, bears have been keen on supply glut. We like to urge its nothing else but demand supply equation that is hurting the price of this commodity.In the...

No specific date for IMF's yuan SDR review, CNY likely to see minimal near-term impact
Nov 04, 2015 11:06 am UTC| Insights & Views
Beijing has been pushing for the yuan to be included in the IMFs Special Drawing Rights basket as part of its long-term strategic goal of reducing dependence on the dollar. If successful, CNY will become the fifth currency...