More From Boby Michael
Belarus rouble seems headed back towards record low
Belarus will keep its budget socially-oriented despite financial challenges, Vice Premier Kochanova said on Monday.
Jan 12, 2015
Delhi airport to see travel demand, income increasing, says Moody's
Moody's has given its first time rating to DIAL and its dollar bonds.
Jan 12, 2015
Indian rupee tests crucial resistance ahead of data, RBI, 2016 Budget in focus
USD/INR rebounds from channel support, 65.0 likely if 62.0 support held.
Jan 12, 2015
Fitch: Asia outlook clouded by rouble slide and China slowdown
Most affected by Russian turbulence are Malaysia and Thailand.
Jan 12, 2015
Central banks watch: South Korea, Indonesia, Poland, Egypt and Chile to set rates, Lockhart to speak
Central banks around the world are concerned about the deepening US/eurozone divergence.
Jan 10, 2015
Dollar index back to 12-year high on non-farm sector jobs boost
The NFP data offsets FOMC's Kocherlakota comments.
Jan 09, 2015
Asia week ahead: Australian unemployment seen rising, India IIP rebounding and Korea may cut rate
Indonesian central bank too meets to set rates next week.
Jan 09, 2015
Norwegian and Swedish currencies hold near multi-year lows on weak data
Additional signs of deflation weigh on Norway's krone.
Jan 09, 2015
Sterling off 17-month low on positive UK data and dollar weakness
Better-than-expected UK industrial and trade data, and some dovish Fed comments weighed on the greenback.
Jan 09, 2015
Swiss franc keeps day's gains despite worsening deflation as Fed comments halt dollar rally
Swiss y/y CPI rate falls to -0.3% in December from -0.1%, unemployment rate up to 10-month high.
Jan 09, 2015
Moody's upgrades Tata Steel to Ba1, confirms UK unit's rating at B2
TSL is revised up to Ba1 with stable outlook, TSUKH confirmed at B2/B2-PD with positive outlook.
Jan 08, 2015
Romanian currency leu near record low after policy rate cut
Leu has fallen 16% since June and is just 320 pips away from a record low.
Jan 08, 2015
Euro and pound plummet sending US dollar index to 12-year high
Euro is 125 pips away from 11-year low, pound 221 pips away from four and a half-year low.
Jan 08, 2015
Euro slide vs dollar: What are the likely support levels until parity?
Euro is just 163 pips away from a 11-year low against the dollar.
Jan 08, 2015
Greek banks facing liquidity crisis on weak deposit base, NPL challenges: Moody's
With opponents of austerity leading opinion polls in Greece, borrowers are hopeful of debt waiver schemes.
Jan 08, 2015
Moody's: India raising insurance FDI cap to boost firms' capital, practices and innovations
Cabinet decision to hike the cap to 46% from 26% is yet to secure parliament approval.
Jan 08, 2015
House prices nearing trough in Denmark, Ireland, the Netherlands and Spain: IMF
Prices have begun stabilising in the Netherlands and rising in Denmark and Ireland.
Jan 07, 2015
Eurozone data roundup: Unemployment rate rises to record in Italy, down for Germany, region dips to deflation
Eurozone inflation rate has dipped to -0.2% at the end of 2014.
Jan 07, 2015
Euro plunges to new 9-year low with Eurozone inflation seen falling to multi-year lows
December price rise data may increase deflation concerns in Eurozone.
Jan 07, 2015
Global services sector growth drops to 14-month low: JP Morgan survey
Ireland and UK have topped the global service sector output ranking.
Jan 07, 2015
HSBC survey: China's GDP growth to fall to new low, Brazil seen heading back to recession
Global emerging market output index moved up helped by expansion in India, while Russian downturn has intensified.
Jan 07, 2015
UK 10-year gilt yield falls to new 19-month low
The auction cutoff on Tuesday was more than 20% down from the November auction.
Jan 06, 2015
Technical analysis: Kiwi dollar holds above December low but downward trend expected
NZ dollar targets 0.7450 and 0.7350 ahead of 0.7115, on the downside.
Jan 06, 2015
Moody's: E&P, oilfield services and offshore drilling firms face tough times
Large firms such as Schlumberger, Halliburton and Baker Hughes can beat slump.
Jan 06, 2015
Crude oil: Technical rebound now more likely considering trend since 1998
US crude output at record level as Saudi Aramco adopts dual pricing strategy
Jan 06, 2015
China needs more stimulus measures to boost demand: HSBC
HSBC China services PMI rises boosted by new orders.
Jan 06, 2015
Technical analysis: Pakistan's rupee near crucial resistance, seen falling back to 105/$
With core inflation rate falling, fundamentals too do not support a further rally in the Pakistani rupee.
Jan 05, 2015
Sterling falls to 17-month low vs dollar ahead of BoE rate decision, US non-farm payrolls
Construction PMI declines to new low adding to pound's woes.
Jan 05, 2015
Euro plunges to nine-year low with German inflation rate expected to dip
Analysts at Markit also mentioned deflation risks in eurozone in its December PMI release.
Jan 05, 2015
Malaysian ringgit plummets to new 5-year low ahead of trade, IIP numbers
Strong dollar rally weighs on ringgit in addition to weakening trade scenario.
Jan 05, 2015
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