Strong German business climate might face downturn over Volkswagen scandal
Sep 24, 2015 11:45 am UTC| Insights & Views
Todays IFO report showed business sentiment remained strong in Germany, which is most important manufacturing hub in Europe as well as world. IFO expectations rose in September to 103.3 from 102.2 in August. IFO -...

FxWirePro: EUR/CHF to maintain its uptrend in long term, Swiss trade not suffice to prop up currency
Sep 24, 2015 11:36 am UTC| Insights & Views Technicals
Swiss has produced an upbeat trade surplus numbers on the flip side. The healthy Swiss trade balance has printed at 2.87 billion which is well beyond market analysts projections at 2.77 billion but below the previous flash...

Path of ECB policy a likely worry for SNB
Sep 24, 2015 11:13 am UTC| Insights & Views Central Banks
The Swiss National Bank delivered its monetary policy announcement on Sept 17th, where it left the policy mix unchanged as broadly expected, in an effort to rein in the Swiss franc, which it said remained significantly...

Yen price squeeze, breakout ahead
Sep 24, 2015 11:13 am UTC| Insights & Views
Yen has moved to a small range against Dollar, since August when equity markets sold off sharply around the world after China chose to devalue Yuan officially. Yen had gained massive over that sell off. Dollar/Yen dropped...

Norwegian Krone falls below parity against Swedish Krona on surprise rate cut
Sep 24, 2015 10:12 am UTC| Insights & Views
Norwegian central bank surprised market today with a rate cut of 25 basis points and pushed Krone sharply down against all currencies. Since market was expecting policy hold, reaction has been very volatile. Key policy...

Japan’s factory employment drops first time in six months
Sep 24, 2015 09:31 am UTC| Insights & Views
Latest PMI report from Markit economic reveals continued weakness in Japans economy, which poses question over Abenomics as well as bank of Japans (BOJ) ability to revive the economy from decade old deflation. While...
Guide to today’s important data and events
Sep 24, 2015 09:06 am UTC| Insights & Views
Lot of economic dockets to be released today with low to medium risks associated. Data released so far Japan - Flash reading shows manufacturing PMI to drop to 50.9 in September from 51.7 in August. All industry...