
Aug 12, 2015 13:26 pm UTC| Insights & Views
The current unemployment claims is printed at 5.6% which is in line with the forecasts and unchanged from previous flash. The number of people claiming unemployment benefits in the U.K. declined unexpectedly in July, while...

Oil drags down Indian inflation
Aug 12, 2015 13:11 pm UTC| Insights & Views
After consumer price index (CPI) rose 5.4% in June, in July it managed to grow by 3.78% on yearly basis. India, which is a heavy importer of fossil fuel has benefitted largely from drop in oil prices, which as of now...

Demand to lend Germany at short end of curve reaches new record
Aug 12, 2015 12:50 pm UTC| Insights & Views
Demand for German short term bonds have never been higher. Investors ran for the safety of German bonds as they try to gauge, what could be the global implication of massive devaluation of Chinese Yuan by Peoples bank of...

US yields tumble over PBoC’s FX intervention
Aug 12, 2015 12:22 pm UTC| Insights & Views
Peoples bank of Chinas (PBoC) two consecutive days of FX intervention via fix has resulted in sharp rally in bonds which led to drop in Yields. Bond prices and Yields are inversely correlated. PBoC devalued Yuan by 1.9%...

EUR/USD trend analysis by RSI, Stochastic and MA
Aug 12, 2015 11:57 am UTC| Insights & Views
Trend observation: RSI: Upswings are supported by this oscillating strength index on daily charts as we saw positive convergence with rise in price. But long term trend is certainly puzzled when plotted weekly...

Dollar at key support, time to stay cautious
Aug 12, 2015 11:31 am UTC| Insights & Views
Dollar has been hammered after its initial gains on Tuesday over Chinese devaluation of Dollar/Yuan exchange rate. However, Dollar euphoria failed to last against majors led by Euro which now stands at critical...

Australia's unemployment rate likely to drift higher
Aug 12, 2015 10:58 am UTC| Insights & Views
Unemployment rate is a key input in the RBAs reaction function because it is a precursor to domestically generated inflation. It has been observed that wage inflation invariably accelerates around six months after the...