Articles by Boby Michael

Email : b.michael@ibtimes.co.uk

Malaysian ringgit hovers near six-year low ahead of GDP data

Analysts predict the annual growth rate to continue to slow and fall below 5% in Q4.

Feb 11, 2015

$Sri Lanka\'s newly elected President Maithripala Sirisena$

Sri Lanka's fiscal targets pressured by weak trend of revenues, Moody's says

Sri Lankan President Maithripala Sirisena's fiscal deficit target is 4.5% of GDP compared to Mahinda Rajapaksa's 4.6%.

Feb 11, 2015

Jeroen Dijsselbloem, the president of the Eurogroup

Eurogroup's Dijsselbloem: Low inflation can be sign of positive development

In his address to the World Trade Forum in Seoul, he emphasised the region's need for stronger and coherent policies.

Feb 11, 2015

Portugal Spain European Central Bank

Australian dollar holds near six-year low ahead of inflation cues, jobs data

Wednesday's better-than-expected housing market data did not impact the Aussie currency as the market was waiting for key figures the next day.

Feb 11, 2015

Technical analysis: Singapore dollar still has downside room left, 1.378/$ in focus

Singapore dollar is hovering near a 4-1/2-year low vs US currency.

Feb 10, 2015

Narendra Modi Sworn In as the 15th Prime Minister of India (Pictures)

Indian rupee strengthens, shares gain even as Delhi election results shock Modi supporters

Indian shares rallied 1.25% and rupee strengthened 0.3% by mid-day.

Feb 10, 2015

India

China CPI falls to new five-year low as disinflation raises rate cut chances

Peoples' Bank of China expected to cut rate in the wake of continuing sluggish growth.

Feb 10, 2015

Peru's sol falls to new six-year low ahead of central bank rate decision

Copper futures have fallen nearly 50% over the past three years.

Feb 9, 2015

Indian rupee and shares fall to three-week low on dollar strength and Delhi cues

Rupee under pressure from rising dollar and dismal forecast for Modi's ruling party in Delhi election..

Feb 9, 2015

Pound back near seven-year high vs euro ahead of BoE inflation report

BoE quarterly inflation report due on 11 February and an 'Inflation Letter' on 12th.

Feb 9, 2015

Renminbi clearance in Australia crucial as Chinese firms keen on yuan settlement: RBA

RBA chief Glenn Stevens says Chinese firms keen on renminbi transactions with Australian companies.

Feb 9, 2015

Euro back near multi-year low after US jobs data; German and eurozone figures next week crucial

On NFP data, euro fell 1.45% and now the January 11-year low is just 2% away.

Feb 7, 2015

Central banks watch: BoE inflation cues, Fed and RBA speakers, rate decisions by Sweden, Chile and Philippines

Pound rate hinges on inflation cues and Mark Carney's views on economy.

Feb 7, 2015

Norwegian krone rallies to 2-month high v euro and pares gains v dollar after non-farm payrolls

Norway manufacturing grows 1.3% m-o-m in December after falling 0.4% in November.

Feb 6, 2015

Sterling strengthens to one-month high ahead of US jobs data

Data from KPMG showed that permanent staff placement continued to rise in the UK.

Feb 6, 2015

Bank of England

Nigeria's naira falls to new record low, South African rand rallies to two-month high

Naira has declined 14% since the November devaluation.

Feb 6, 2015

Euro slips on German industrial output data as all eyes on US employment figures

German industrial production fell 0.7% from a year earlier in December after dropping 0.3% in November.

Feb 6, 2015

US job cuts rose to two-year high mainly driven by oil price slide: Challenger data

January figure was up 63% from that planned in December and 18% up from same month a year ago.

Feb 5, 2015

Gold fails below channel resistance, off 4% from January high; US jobs data awaited

Gold rally this year has stalled by technical resistance as fundamental chances hinge on US non-farm payrolls.

Feb 5, 2015

Gold

Pound pulls away from 18-month low ahead of BoE rate decision

Slowing growth and Carney's assurance to return inflation to its 2% target, increases likelihood of a dovish bias in the BoE policy.

Feb 5, 2015

Prev 11 12 13 14 15 16 17 18 19 20 Next