Greece secures bailout extension, more negotiation ahead
Feb 23, 2015 07:38 am UTC| Insights & Views
Greek government and the Euro zone creditors have secured a deal of bailout extension of 4 months in late Friday. Important takeaways- Greek government will get the rest 7.2 billion aid package, the final tranche of...
US remain resilient, consumption expenditure edition
Feb 20, 2015 16:04 pm UTC| Insights & Views
Chart is of Real Personal Consumption Expenditure since the eve of 2008 financial crisis. Chart is prepared on FRED dash board of St. Louis FED. Take on this - Consumption expenditure, vital for consumption driven US...
US growth remain strong, PMI edition
Feb 20, 2015 15:39 pm UTC| Insights & Views
Today 2.45 pm GMT US Purchasing Managers Index (PMI) data was released. Fine lines are- a) Positive takeaways - The latest manufacturing data shows healthier economy than expected. PMI reading 54.3 compared to 53.6...
Treasuries catch up to inflation expectation
Feb 20, 2015 14:50 pm UTC| Insights & Views
The chart is of benchmark US 10 year treasury yield and inflation expectation measured by 5 year forward rates. Notable points - Volatility increasing in all markets, including treasuries. Inflation expectation...
Feb 20, 2015 13:59 pm UTC| Insights & Views
Today at 11.30 am GMT, Forex reserve data was published from India, which showed another solid boost of near $ 3 billion to $333.17 billion. Key facts- Since last year India has new majority government in the center...
Feb 20, 2015 12:51 pm UTC| Insights & Views
The Bank of England (BOE) has so far shrugged of any concern over falling inflation and has maintained the policy action stable. Noteworthy data events- Mark Carney expressed that the disinflation mainly due to oil...
Feb 20, 2015 12:18 pm UTC| Insights & Views
As the Greek talk sours, mood is quite bitter and panic for many in Greece. Failure of talk could mean exit from Euro zone. Athens stock exchange currently trading around 870 remains volatile over different...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects