Russian crisis opens up relative opportunities in stocks
May 05, 2015 09:28 am UTC| Insights & Views
Russian economy still going through the shock of rapid rise of Ruble last year along with sharp drop in oil prices, its main source of revenue. Interest rate, though has eased in recent times, still remains challenging at...

IBEX to gain, as recovery gathers pace
May 05, 2015 08:33 am UTC| Insights & Views
This weeks data from Spain, Europes fourth largest economy provided further evidence that economy is gathering pace with recovery in employment. Todays employment statistics indicated that in April another 118,900...

Increased Indian gold imports hamper premium in INR, further slump projected
May 05, 2015 08:10 am UTC| Insights & Views
We think the Indian rupee is positioned for a little more weakness as Indias gold imports surged 19.5 % to $ 34.32 billion in the 2014-15 financial year that ended 31 March, as lower prices and an easing of import...

Aussie bulls show remarkable resilience post rate cut
May 05, 2015 08:06 am UTC| Insights & Views
Today Reserve bank of Australia (RBA) delivered 25 basis points rate cut bringing RBAs benchmark lending rate to 2%. Aussie lost ground initially however bulls showed remarkable resilience and pushed the pair to new...
Guide to today’s important data and events
May 05, 2015 07:37 am UTC| Insights & Views
Relatively low economic dockets with moderate risk are scheduled for today. Data released so far - Australia - Trade deficit for March, shrank to -1.3 billion, with exports and imports both shrinking by 2%. Reserve...

China distorting German exports adding weakness to Euro growth
May 05, 2015 06:47 am UTC| Insights & Views
In March, we expect the German trade surplus to have amounted to 21.9bn, up from 19.5bn in February. Exports are expected to have increased by 0.2% MoM, following the rise of 1.4% MoM in February (-2.1%), while imports are...

Order bookings and surge in export volumes boosting dollar strength
May 05, 2015 05:41 am UTC| Insights & Views
As per the monthly report released by U.S. Census Bureau that factory orders for the month of April rose 2.1% which was more than the estimates of a 2.0% gain. This is strengthened by a surge in manufacturing of motor...