Federal Reserve minutes- inflation view

Feb 19, 2015 10:50 am UTC| Insights & Views

Yesterday at 19:00 GMT Federal Reserve (FED) published its monetary policy meeting minutes. Dollar suffered against its counterparts, after the release of the report since market observed some dovish tone in the report....

Inflation decelerates in Euro zone

Feb 19, 2015 09:55 am UTC| Insights & Views

Today one of the measures for euro area inflation was published at 7.45 am GMT. Todays Consumer Price Index (CPI) for January came at -1.1% mom and -0.4% YoY basis. Euro did not move much, as expected since market was...

Key points of latest Greek proposal

Feb 19, 2015 08:53 am UTC| Insights & Views

In the latest stand off between the Greek government and the Euro zone creditors continue. The Greeks have proposed a draft. Important points in the proposal- Greek government challenges the role of TROIKA (ECB, IMF,...

Awaiting first ever ECB minutes

Feb 19, 2015 07:26 am UTC| Insights & Views

Today European Central Bank (ECB) is going to publish the accounts of the January governing council meet at 12:30 pm GMT. In the January meet, ECB governing council announced Quantitative easing (QE) of 60 billion a...

FOMC minutes ahead, where is the dollar standing

Feb 18, 2015 17:04 pm UTC| Insights & Views

The minutes of last FOMC meeting will be published today at 7 pm GMT. Dollar so far has not moved much for the day as market awaits the release. Several notes- Evaluating the scenarios it seems, for todays reaction,...

UK & Europe may take larger hit on oil taxes

Feb 18, 2015 15:55 pm UTC| Insights & Views

Oil has been down near about 50% since the summer of 2014. The reduction in oil price, we believe will be positive for the global growth- Oil deficit countries will be better off and have better balance of payments....

Business leaders are positive over the US growth

Feb 18, 2015 14:57 pm UTC| Insights & Views

The latest February Business Leaders Survey has been released. Overall the business leaders are very positive on the continuation of the US growth. We present some key data points- 48% of the respondents see better...