Europe grows – PMI shows evidence
Feb 20, 2015 11:01 am UTC| Insights & Views
Despite the bearish outlook maintained over Euro, it was reiterated that better data is coming out of Europe. PMI data for European Monetary Union was released today at 9 GMT. Key figures - Latest PMI figure is 51.1...
Feb 20, 2015 09:58 am UTC| Insights & Views
Over the past few years SP 500 has enjoyed better returns against European counterparts in the backdrop of European financial crisis and financial stimulus from Federal Reserve. Two major events - European Central Bank...
Important dates ahead – Greece
Feb 20, 2015 09:03 am UTC| Insights & Views
Greece so far has remained at loggerheads with its international creditors over the path ahead. New leftist government has shrugged off any suggestion of continuing bailout and austerity. So far the meetings and the...
Japanese duo diverges – Nikkei, Yen
Feb 20, 2015 08:37 am UTC| Insights & Views
Since Haruhiko Kuroda, governor of Bank of Japan (BOJ) announced Qualitative Quantitative Easing (QQE), in end 2012 the Nikkei has outperformed. The index has outperformed many of the indices, returning near about 80%...
Disinflationary pressure persists in Germany
Feb 20, 2015 07:54 am UTC| Insights & Views
The German Producer price Index data was published today at 7 am GMT. Latest report shows that PPI has decreased once more. MoM data came at -0.6% higher than expected -0.4% and YoY at -2.2% accelerating from the...
Germany rejects Greek proposal
Feb 20, 2015 07:12 am UTC| Insights & Views
Greek government sent the widely expected request for extension of the bailout programme for another six months to negotiate a deal. The letter was sent on the back drop of the Greek Proposal, which we covered in our...
Feb 19, 2015 16:25 pm UTC| Insights & Views
Today CBI industrial trend survey was published at 11 GMT. Market and the pound especially unmoved, though less volatility is not unusual given the datas low key status. Nevertheless as always, we felt the urged to...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned