Dwindling economic activity poses challenge for BOJ
May 18, 2015 11:12 am UTC| Insights & Views
Bank of Japans (BOJ) asset purchase program known as QQE in short is facing challenges moving into its third year. As of now BOJ is purchasing Japanese assets namely government bonds at 80 trillion per annum. It remains...
Greece pays back IMF, by borrowing from IMF
May 18, 2015 10:32 am UTC| Insights & Views
Greek has paid back the IMF due of 750 million to IMF on May 12th, without the assistance of European creditors who are withholding last remaining tranche of 7.2 billion of Greek bailout program. A letter from Greek...
Japanese Services – sectorial growth review
May 18, 2015 09:59 am UTC| Insights & Views
Latest report from Japanese Ministry of Economy, shows dwindling state of Japanese domestic services sector, which in turn poses doubts on Bank of Japans (BOJ) asset purchase programs ability to boost domestic demand. BOJ...

Italy posts consistent trade surplus but not suffice to propel Euro, hedge potential slumps
May 18, 2015 09:08 am UTC| Insights & Views
Italian Balance of trade: Italy recorded a trade surplus of 4060 EUR Million in March of 2015 as BoT in Italy is reported by the National Institute of Statistics (ISTAT). It has been consistently reporting trade surplus in...

Franc shock sips through real economy
May 18, 2015 09:07 am UTC| Insights & Views
Swiss economy has started showing signs of Franc shock sipping through real economy. Swiss National Bank (SNB) unexpectedly removed 1.20 EUR/CHF peg, leading to heavy appreciation in Francs value. CPI and PPI released...

FED’s Evans to vote for no hike in 2015
May 18, 2015 08:15 am UTC| Insights & Views
Chicago FED president Charles Evans reiterated his stance once more today, no rate hike in 2015 but first one in 2016. Chart courtesy Sober look. Mr. Evans said that he prefers overshooting the 2% inflation target in...

High optimism on Japan among Asian nations likely to disappoint streets
May 18, 2015 08:14 am UTC| Insights & Views
Japan Machinery Orders: It is scheduled today to be announced Aprils orders of machinery; it would be reported by the cabinet office, Japan. Machinery orders in Japan have increased to 2.90% in March of 2015 over the...