Evergrande to default on Thursday, turmoil to get worse before it gets better – Danske Bank
Evergrande needs to pay interest payments on Thursday including a coupon worth USD83.5 M. Economists
Financial and Business News
Evergrande needs to pay interest payments on Thursday including a coupon worth USD83.5 M. Economists
Over the past month, the euro has consolidated at lower levels. Economists at MUFG Bank
Coming months are likely to see several factors clearly pointing in opposing directions for global
Data released on Tuesday showed Housing Start and Building Permits rose above expectations in August.
Housing Starts in US rose decisively following July's contraction. US Dollar Index continues to move
Philly Fed Nonmanufacturing Index fell sharply in September. US Dollar Index extends sideways grind slightly above
USD/CAD prints minute losses on Wednesday in the initial Asian session. Price face pullback near
USD/JPY lacks directional strength in the middle of the week. Higher US Treasury yields underpins
EUR/GBP retreats after stopping two-day uptrend, sidelined of late. Bearish candlestick formation below the key
AUD/USD bears seek an extension to the 0.72 level. Bulls, however, are holding grounds