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Daily Market Report
for 28/02/2015
28 Feb 2015 13:22The New Orleans Advocate
British Pound Desperately Fighting to Keep 2015 Uptrend Alive
28 Feb 2015 03:37 Pound Sterling Live
The slump led some to suggest that the period of GBP strength had finally reached its limit and a continuation of the longer-term downtrend was about to establish itself once more.  more...
Malaysian Ringgit Slides To 2-day Low Against US Dollar
27 Feb 2015 20:41 London South East
Against the greenback, the ringgit fell to a 2-day low of 3.6201 from an early high of 3.5973. At yesterday's close, the ringgit was trading at 3.5795 against the greenback. If the ringgit extends its downtrend, it is likely to find support around the ...  more...
Indonesian rupiah hits 17-year low after central bank inflation forecasts
27 Feb 2015 20:18 THE BUSINESS TIMES
[SINGAPORE] Indonesia's rupiah hit a near 17-year low on Friday after the central bank said inflation is expected to ease in February, improving chances for further interest rate cuts, after a surprise reduction earlier this month.  more...
Indian Rupee Steady Against US Dollar
27 Feb 2015 23:30 London South East
According to the Economic Survey for 2015-16, India's economic growth is expected to be 8.1-8.5% in the next fiscal year, higher than the 7.4% growth projected for 2014-2015 year.  more...
Pak rupee strengthens vs dollar, gains 25 paisas in open market to reach 101.85
28 Feb 2015 00:26 Customs Today Newspaper
KARACHI: The Pakistani rupee recouped week-long loses against the US dollar in open market, however, it remained unchanged in interbank on Friday, the last trading day.  more...
American Atheist Blogger Killed with Machete in Bangladesh
28 Feb 2015 12:15 The Christian Times (blog)
According to The Washington Post, Roy was a liberal voice in Bangladesh who sought to turn Bangladesh toward a secular democracy.  more...
CompaniesTortilla maker Gruma flying on Mexican peso fall
28 Feb 2015 04:00 Financial Times
The Mexican peso's 14.5 per cent slump against the greenback since last May may have the country's central bankers reaching for the tequila.  more...
Catastrophe Reinsurance “Permanently” Hobbled, Third Point Re Focuses ...
28 Feb 2015 09:48 RiskMarketNews
He then offered up recent new deal examples, including a $125 million multi-line contract out of London, a $45 million dollar loss reserve contract and a $27 million Florida' homeowners facility with “limited catastrophe exposure.” Berger explained ...  more...
Hong Kong Exchange Fund assets rise to HK$3.22 trln by Jan end -HKMA
27 Feb 2015 22:11 Reuters
Feb 27 (Reuters) - Assets at the Exchange Fund, which is used to back the Hong Kong dollar, totalled HK$3,219.1 billion ($415.19 billion) at the end of January, the Hong Kong Monetary Authority (HKMA) said on Friday.  more...
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