India & China further easing ahead
Feb 18, 2015 09:50 am UTC| Insights & Views
In recent times central banks of India China sought to ease the monetary policy. We believe further easing is ahead. Current rates in China India are 5.6% and 7.75% respectively. China economy is slowing down...
Bank of England (BOE) minutes ahead
Feb 18, 2015 08:07 am UTC| Insights & Views
Keeping the guards up will bode well for the pound traders as the market prepare for the two important releases from UK today. We are going to discuss probabilities regarding the releases what to expect. The unemployment...
US remain in a heavy hiring mode
Feb 17, 2015 18:40 pm UTC| Insights & Views
To understand the underlying job growth momentum we decided to look beyond the robust headline number of the non-farm payroll and take a deeper look into the other payroll numbers.In recent days the strength of the Job...
Australia suffers with business funding
Feb 17, 2015 15:15 pm UTC| Insights & Views
AUD/USD has fallen more than 25% since it traded above parity at 1.05 against the dollar on April 2013. The pair is currently trading at 0.78 level. We believe this trend to continue despite any short term revamp. The...
Yield spread adding pressure on the Pound
Feb 17, 2015 14:29 pm UTC| Insights & Views
The yield spread between the two year US treasury and UK Gilt has increased steadily, tilting the balance in favor of the US. The differential has risen sharply since the mid of 2014, as the Fed was nearing to the winding...
Short term important levels & snapshot – Currencies (Major)
Feb 17, 2015 13:07 pm UTC| Insights & Views
a) EUR/USD - News headlines growth outlook remains negative. Some of the economic data are turning positive throughout the Euro zone like Spanish GDP (2%), Euro area current account surplus (2.4% of GDP). Political...
Economic divergence exist, IMF reaffirms
Feb 17, 2015 08:39 am UTC| Insights & Views
Since the summer of 2014, US dollar has risen against all its major counterparts as well as most of its emerging market counterparts. US dollar Index currently trading at 94.36 and has risen consecutively for a record 7...