
Let’s not read too much into weak data
Apr 24, 2015 02:56 am UTC| Insights & Views
Yesterdays provisionary April PMI report might have cheered the bears calling for an end to recovery, however it would be premature to call for such, in spite recent weakness. PMI above 50 indicates growth. Japanese...
Apr 24, 2015 02:54 am UTC| Insights & Views
Latest strong words exchange between Russia and Ukraine indicate that coming weeks might result in breakage of six weeks old peace deal brokered by Europe. More than 6000 people have died, 15000 wounded and millions...
Guide to today’s important data and events
Apr 24, 2015 02:19 am UTC| Insights & Views
Today economic data and events are less, however risk associated is high. Upcoming - Japan - All industry activity index is scheduled at 4:30 GMT. Bank of Japans Deputy Governor Nakaso would be giving speech around...

US$ further bearish in near term
Apr 23, 2015 13:04 pm UTC| Insights & Views
The US dollar index is likely to extend down to 95.72/94.63 before renewed basing, while USD/JPY is recurring to its multi-month break of 119.30/119.38 support. USD/JPY weakness can extend to 118.15, potentially as far...
Crude trades still sideways, hold nerves for bounce back
Apr 23, 2015 12:08 pm UTC| Insights & Views
The last weeks news of WTI and Shale oils (The largest oil manufacturers exporters of the US) to reduce their production capacity does not seem to impact much on prices. According to the Energy Information Administrations...
Languishing Korean exports remained a cause of concern in Q1
Apr 23, 2015 09:28 am UTC| Insights & Views
It is observed that construction business alone has accounted significantly for Koreas Q1 growth. But net exports still stood behind which is led by the weak spot in their specialized business. LCDs and automobiles exports...
Further downside risks likely for Chinese growth in Q2
Apr 23, 2015 09:18 am UTC| Insights & Views
We foresee a lot of shortcomings and risky economic numbers for Chinese growth and this has been confirmed by PMI data. The growth outlook in 2015 is hammered as we saw worse than expected PMI data and disappointing...