Underperforming Brazil keeps BRL at stake
Jun 01, 2015 10:05 am UTC| Insights & Views
Current account balance to GDP ratio does not seem to improve in 2015: Earlier data announcements in April show that Brazils current account balance has improved slightly in dollar terms. But, it seems to be paused at that...

Italy’s election outcome pushes yield higher, euro lower
Jun 01, 2015 09:59 am UTC| Insights & Views
The week started with nervousness, as outcome from Italys election spooked market participants. Euro, which closed last Friday on stronger footing, facing tough headwinds today. Matteo Renzi, the Italian prime minister,...

Italy’s election outcome pushes yield higher, euro lower
Jun 01, 2015 09:47 am UTC| Insights & Views
The week started with nervousness, as outcome from Italys election spooked market participants. Euro, which closed last Friday on stronger footing, facing tough headwinds today. Matteo Renzi, the Italian prime minister,...

Spanish assets to benefit as pace of recovery reaches pre-crisis
Jun 01, 2015 08:43 am UTC| Insights & Views
Spanish manufacturing sector gathered further pace in May, as evident from Markit manufacturing PMI. Spanish assets still remain significantly lower priced compared to pre-crisis level, thus presents excellent opportunity...

Hanging man on GBP/JPY; add BPS on hedging front
Jun 01, 2015 08:32 am UTC| Insights & Views
Technical glance:On daily chart of this pair shows bearish hanging man pattern candlestick on up-move occurred which means an earlier trend is about to be reversal .But before jumping into the guns please note that this is...
Asian currency basket sluggish mostly on trade deficit
Jun 01, 2015 08:02 am UTC| Insights & Views
Chinese Executive PMI numbers: The flash appraisal of the HSBC manufacturing PMI MoM improved reasonably from its lowest level of 48.9 in April to 49.1 in May. The domestic demand was improved while production and export...

India shines bright among emerging economies
Jun 01, 2015 08:01 am UTC| Insights & Views
After soft economic data, pointed at turning sentiment among consumers and businesses, today hard data showed Indias manufacturing sector is reversing its downtrend. Reforms pursued by New Bharatiya Janata Party (BJP) led...