Euro’s gains owing to Greece payments but still under stress
May 12, 2015 13:36 pm UTC| Insights & Views
Today Euro jumps higher against the dollar after a loan installment recovery by IMF from Greece outstanding but concerns over the countrys future in the euro area persisted. EUR/USD was up 0.30% to 1.1189, off overnight...

Currency snapshot (commodity pairs)
May 12, 2015 13:24 pm UTC| Insights & Views
Dollar index trading at 94.52 (-0.52%). Strength meter (today so far) - Aussie +0.85%, Kiwi +0.32%, Loonie +0.43%. Strength meter (since last week) - Aussie +0.44%, Kiwi -1.71%, Loonie +0.27%. AUD/USD - Trading at...
Philippines exports factor in liberalized port operations, likely to affect more in Q2
May 12, 2015 13:16 pm UTC| Insights & Views
The port operations of Philippines are eased its congestion. As a result the export volumes rebounded more sturdily than expected in March with shipments up 7.4% MoM. This followed a more modest recovery of 4.6% MoM in...
Indian inflation drops, ignores oil rally
May 12, 2015 13:02 pm UTC| Insights & Views
Recent rally in oil prices failed to push inflation higher in India. This is a good news for the consumers, who have been ravaged by higher inflation for many years. Consumer price index (CPI) rose 4.9% on yearly basis in...

Inflation risk is higher in Euro zone than US
May 12, 2015 12:36 pm UTC| Insights & Views
Euro zone bond yields have risen the fastest, compared to other developed market counterparts. Obvious reason for such is extremely one sided positioning in Euro zone bonds especially German bunds. While a sudden rush for...
Australian budget rules out further austerity
May 12, 2015 12:33 pm UTC| Insights & Views
Australian treasurer Joe Hockey who vowed to balance Australian fiscal imbalance shifted strategy and declared no further austerity, which he called a strategy to boost growth and opposition called a budget to persuade...
Food Inflation risks Indian rupee, EURINR uptrend remain intact
May 12, 2015 12:22 pm UTC| Insights & Views
Despite petrol and diesel prices being cut for the second time in a row in April, the marginal increase in inflation will be most likely driven by a spike in food and vegetable prices. As stated in our earlier posts with...