
Nervous market pushes Brazilian Real to new all-time low
Sep 22, 2015 13:01 pm UTC| Insights & Views
Markets nervousness over emerging markets is proving hard to be cured as currencies kept plunging despite US Federal Reserve kept rates on hold. Situation is worst for Brazil, whose currency has taken a dive to new...
Sep 22, 2015 12:30 pm UTC| Insights & Views
The US dollars strength is forecasted which we expect to appreciate by more than 5% in REER terms over the next 12 months even though the Fed delays its lift-off. On this stronger USD outlook, we also project the EUR to...

Traders bring down Zinc to lowest since 2010 worrying over China
Sep 22, 2015 12:28 pm UTC| Insights & Views
Traders are pushing metals to their lowest levels not seen since financial crisis. Base metal sector is taking heavy hit today as investors keep on shorting commodities. Red metal Copper, which is often seen as barometer...

Risk of a delay in BOE hiking cycle likely if Fed holds rates longer
Sep 22, 2015 11:20 am UTC| Insights & Views Central Banks
The U.S. central bank held fire on its first rates rise in more than nine years. A rate rise is not expected to happen until next year in the wake of a global stock market sell-off triggered by economic turmoil in China....
UK government borrows more than expected
Sep 22, 2015 11:10 am UTC| Insights & Views
Latest report from Office of National Statistics (ONS) shows that public-sector net borrowing in the UK (excluding banks) rose to 12.1 billion in August, while economists expected that it would come in at a lower level of...
U.K. economy loses steam- CBI Survey
Sep 22, 2015 10:40 am UTC| Insights & Views Economy
Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board says otherwise. Manufacturing output growth has stalled in September, first time in two and half years as...

Yen gains as risk-aversion hits market
Sep 22, 2015 09:22 am UTC| Insights & Views
Equities have started to tumble after gains during Asian session as risk aversion have started jolting markets again. Global growth fear led by China and emerging markets is the main theme. However as of now, risk...