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...

All three pillars of UK GDP robust in October
Nov 04, 2015 10:50 am UTC| Insights & Views
Last three days of PMI report from Markit economics have shown that UK economy is quite robust heading into final quarter of the year. Mondays manufacturing PMI showed, strong rebound in manufacturing sector. PMI...

Nov 04, 2015 10:16 am UTC| Insights & Views
EUR/JPY is boiling up with lots of bearish candles, such as bearish spinning top at 132.700 levels on daily chart. So, traders must wait and see the next price movement. In an uptrend, if a bullish candle forms after the...

Exporters still need lower Aussie
Nov 04, 2015 09:53 am UTC| Insights & Views
Reserve Bank of Australia (RBA) has held policy rates steady since May and as of latest indication, policy is likely to remain steady in the near term. Australian Dollar has also stabilized in the near term as Reserve...