The pace of contraction in exports from the level a year ago eased at   —19.8%YoY (Jul-09: -22.9%YoY) but the pace of contraction in imports rose to a sharper —18.6%YoY (Jul-09: —16.2%YoY). Signs of a strong recovery are not yet evident. We have previously said that we shall have to wait out Sep-09 before a more [...]

After months of being bullish, investors and traders were uncertain in the past one month and now the sentiment is getting a little bearish. The market is not being fed with strong positive catalysts in the past few weeks and many warning signs were given by analysts that the financial crisis has not ended. Manufacturing [...]