Mar 03, 2015 14:48 pm UTC| Insights & Views
Equities gained last night in New York session and as of todays trading performance remain mixed. Performance this week at a glance in chart table - SP 500 - US benchmark moved to new highs last night but so far has...
Currency snapshot (commodity pairs)
Mar 03, 2015 14:13 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) as a pact better than the majors as rate outlook improved. A chart and table is attached for explanation. Aussie is struggling to hold on to its gain made over the rate hold by RBA...
Currency snapshot (major pairs)
Mar 03, 2015 13:49 pm UTC| Insights & Views
Dollar has further gained against the majors though the performance remained mixed (EUR, GBP, CHF, and JPY) this week. No major event risk scheduled for today. A chart and table is attached for explanation. Euro...
Stronger construction failed to boost pound
Mar 03, 2015 12:14 pm UTC| Insights & Views
Today the construction PMI data was positive at 60.1 better than previous 59.1. February is the twenty-second successive month the UK Construction PMI has been above the 50 threshold and expanded. The latest survey...
USD libor firmed over FED’s credibility
Mar 03, 2015 11:23 am UTC| Insights & Views
Dollar denominated interest rates have risen over the last year in anticipation of a rate rise in the US. Federal Reserve so far is not expected to disappoint the market. Rise in economic activity suggests that the economy...
No respite for Euro until youth employment improves
Mar 03, 2015 10:29 am UTC| Insights & Views
Latest statistics from Organization of Economic Development and Cooperation (OECD) show the high rates of inactivity among youth in the Euro zone. Since the 2008 great recession and 2011 Euro zone debt crisis the...
China’s problem is debt not growth
Mar 03, 2015 09:56 am UTC| Insights & Views
Latest data suggest that the slowdown in China is real. Last year GDP has slowed to multi decade low to 7.4 percent. This year it is widely expected that government will reduce the GDP estimate further towards 7%. ...