Pound to have better footing with improved manufacturing number
Mar 02, 2015 09:56 am UTC| Insights & Views
Manufacturing data published out of UK showed improvement in the manufacturing sector. Markit manufacturing PMI reported growth at 54.1 compared to previous 53.1. Detailed report showed that growth rates and output...
Manufacturing in Europe continues to expand
Mar 02, 2015 09:25 am UTC| Insights & Views
Todays major focus remains the manufacturing dockets across globe and data published from Eurozone painted a positive picture of revive in growth but in divergence. Eurozone markit manufacturing PMI showed expansion at...
German parliament approves bailout extension, concerns remain
Mar 02, 2015 08:43 am UTC| Insights & Views
Friday German parliament has approved the Greek extension with staggering 542 members voting for the deal. Despite so, dissenters started appearing even if in small numbers. 29 of the dissenters were within Angela Merkels...
China's rate cut is of more concern than joy
Mar 02, 2015 08:12 am UTC| Insights & Views
Peoples Bank of China (PBOC) introduced a surprise rate cut on late Saturday when markets were closed. The rate cut arrived, within a quarter of its last reduction sooner than expected by investors and analysts. One...
Guide to today’s vital data & events
Mar 02, 2015 07:39 am UTC| Insights & Views
Today is the first trading day of the month and this week is full of high profile event risk. Todays focus is on manufacturing data to be released across globe. Data released so far - Australia - Company gross...
UK continues to suffer from loan slack
Feb 27, 2015 16:18 pm UTC| Insights & Views
Latest data available from OECD shows that UK remains among the lowest in terms of Bank loans as percentage of GDP in the European Union. Since the financial crisis, Bank of England (BOE) has kept the interest rates...
South African Rand continues to suffer as trade deficit widens to record
Feb 27, 2015 16:01 pm UTC| Insights & Views
South Africa is the continents second largest economy that suffered heavily during the 2013 emerging market crisis. Whereas many of its counterparts have improved since then, it seems the South Africa has failed to do so...