Peugeot prepares to bulk up for a battle over GM Europe takeover plan
Why is one of the worlds resurgent car companies trying to buy a troubled, loss-making division from one of its rivals? PSA Group, the maker of Peugeot, Citroen and DS brands, is in advanced talks to buy General Motors...
Eurozone manufacturing PMI strongest since April 2011, GDP growth of 0.6 pct likely in Q1
The pace of economic growth in the eurozone improved markedly to hit a near six-year high in February. Markit Eurozone manufacturing PMI printed at 56.0 in February, according to the preliminary flash estimate. Flash...
Greece agrees new structural reforms in exchange for bailout payments
Eurozone finance ministers and the Greek government reached an agreement on Monday to begin negotiations over the much-needed overhauls in exchange for bailout payments. It is a positive sign ahead of a meeting this week...
France final inflation in Jan below initial estimates, but at highest level since Nov 2012
France final inflation for the month of January was released earlier on Tuesday by the statistical office Insee. Data showed that Frances inflation accelerated less than initially estimated in January. Nonetheless,...
Swiss trade surplus rises notably in January on strong retreat in imports
Switzerlands trade surplus increased notably in January, data from the Federal Customs Administration showed on Tuesday. Swiss trade surplus rose to CHF 4.7 billion in January from CHF 2.7 billion in the previous month....
RBA expects Australia GDP to rebound after weak Q3 reading
The Reserve Bank of Australia released minutes of the board meeting held on February 7 where policymakers voted to leave the cash rate unchanged at 1.50 percent. RBA continued with its broadly upbeat commentary in the...
Chart of the Day Series
Chart of the Day: Inflation March
This chart shows what exactly has been keeping central bankers on the edge; the forward March of inflation, which seems to be accelerating, and more interestingly it is a global phenomenon this time around.
US under Trump Series
US under Trump Series: Trump, Sweden and Media
After Donald Trump cited the example of Sweden and several other European places such as Nice France, where more than 80 people were killed last year in an incident by Islamic extremist, during his rally in Florida in...
U.S. Treasuries dive as market awaits FOMC members’ speeches
The U.S. Treasuries dived Tuesday as investors remain cautious ahead of the Federal Open Market Committee (FOMC) members Neel Kashkari and Patrick T. Harkers speech, scheduled to be held later in the day.
The yield on...
German bunds fall modestly following higher-than-expected manufacturing PMI; Eurozone January CPI in focus
The German government bunds declined modestly Tuesday, following higher-than-expected manufacturing Purchasing Managers Index (PMI) during the month of February. Also, investors are looking forward to the release of...
Fundamental Evaluation Series
Fundamental Evaluation Series: Long-term yield spread vs. EUR/GBP
This chart shows the performance of EUR/GBP exchange rate in contrast to the performance of long-term yield divergence between 10-year German bund and 10-year UK gilt. During our evaluation period beginning August 2015, we...
Central Banking Series
Bank Indonesia likely to hike 25 bps in 3Q17 on hopes of upbeat GDP growth, says DBS
Bank Indonesia (BI) is expected to hike its benchmark interest rate by 25 basis points to 5.00 percent by the third quarter of this year, following hopes of a strong growth in the countrys gross domestic product (GDP)....
French election: Odds and poll numbers improve in favor of Le Pen
Tensions and anxiety are on the rise in the Franco-German bond market where the yield gap between the two has hit 81 basis points, which is the highest level since European debt crisis of 2011/12. The latest poll numbers...
Australian bonds plunge as RBA members maintain modest optimism on economic growth, inflation
The Australian government bonds plunged Tuesday after the Reserve Bank of Australia (RBA) members remained optimistic over the economic growth of the country. Also, investors will now look forward to read the comments made...
Greece will probably need less emergency loans than originally agreed in third bailout program - ESM head
Eurozone finance ministers are scheduled to meet in Brussels today to assess Greeces progress in fulfilling the conditions of its bailout. Athens and its European Union and International Monetary Fund creditors are in...
Germany's producer price inflation rises at fastest pace in nearly 5-years in Jan
Germanys producer prices for industrial products was released earlier on Monday by Destatis - Germanys Statistics Office. Data from Destatis showed that Germanys producer prices climbed at the fastest pace in nearly five...
Rise in U.S. drilling and record stockpiles offset OPEC cuts, oil prices rangebound
The Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russia, agreed last year to cut output by almost 1.8 million barrels per day (bpd) during the first half of 2017. The deal took...
Central Banking Series
PBoC likely to proceed cautiously in raising interbank rates
The Peoples Bank of Chinas (PBoC) easing cycle since late 2014 has been accompanied by a buildup in borrowing. By end-2016, the nations debt to GDP ratio swelled to 270 percent from 150 percent in 2008. On 24 Jan, the PBoC...
Blockchain Revolution Series
Necessary to prepare for challenges and opportunities presented by blockchain technology – EU Parliament report
The European Parliamentary Research service has released a report on an in-depth analysis of how blockchain technology could change our lives.
Although blockchains are not the solution for every problem and even if they...
Yahoo Bought At Damaged Goods Price, $350M Loss
Last year, Verizon was supposed to buy Yahoo for $4.83 billion. When news broke out regarding several security breaches at the tech company, negotiations became rocky. Now, the buying price is down $350 million, which is...
Whatsapp launches Snapchat “Status”, Instagram Stories-Like Feature, Claims "Unique" And Improved 2009 Version
A new rollout by Whatsapp looks like encrypted versions of Snapchat and Instagram features. Techcrunch reports that the WhatsApp Status tab now allows its users to share jazzed-up photos, videos and GIFs on the platform,...
SoftBank Gets Shares Boost After Ceding To T-Mobile Regarding Control Of Sprint
Reuters recently broke the news that Japanese financial firm SoftBank might be ceding control of mobile carrier Sprint over to T-Mobile just to get the merger over with. In the hours that followed, SoftBanks shares got a...
Global Geopolitics Series
Bioterrorism To Kill 30M In The Near Future, Warns Bill Gates
He might be most well-known for founding the international tech behemoth Microsoft and for having the title of richest man in the world several times, but Bill Gates is also an active player in the health industry. Most of...
Google And Bing To Favor Legitimate Music And Movie Sites Over Pirated Ones In UK Accord
Piracy in music and music has always been a problem for those in the industry, with many companies pushing world governments and private entities to implement harsher measures against those participating in the practice....
Digital Currency Revolution
Digital currencies could circulate widely but only with appropriate government regulation: Bank of Canada
The Bank of Canada has released a new paper that draws several lessons for digital currencies based on the evidence from Canada and the United States with bank notes and government issued notes.
Titled Canadian Bank...
Snapchat Stories Comes To WhatsApp, The Copying Comes Full Circle
For a while now, Facebook has been trying to steal Snapchats thunder by basically copying what it thinks makes the popular teen app such a hit. As a result, it has been copying Snapchat Stories for Instagram with...
Blockchain Revolution Series
Exclusive: Bank of Korea, R3 consortium to carry out blockchain project
The Bank of Korea said it willcarry out the Proof-of-Concept project with R3 consortium by using blockchain technology.
Kim Jung-hyuk, head of the e-finance planning team at the Bank of Koreas Financial Supervisory...
How governments and companies can prevent the next insider attack
By Scott D. Sagan Et Al -
Insights & Views
Now that they are in office, President Donald Trump and his team must protect the nation from many threats including from insiders. Insider threats could take many forms, such as the next Edward Snowden, who leaked...
PewDiePie, new media stars and the court of public opinion
By Marcus Maloney Et Al -
Insights & Views
PewDiePie is the username of the worlds most famous YouTube video blogger, 27-year-old Swede, Felix Kjellberg. PewDiePies vlogs, centred on his comedic video game commentaries, attract more than 53 million (mostly young)...
GM And Lyft To Deploy Largest Fleet Of Driverless Vehicles In The Market
It would seem that the partnership between cab hailing service provider Lyft and auto giant GM will finally bear fruit. Although there has yet to be any confirmation from either company, there are now reports that the two...
Bill Gates Supports Robot Taxation When Used To Replace Jobs
Scientists have declared automation as being the biggest threat to jobs in the future. With research into smarter artificial intelligence and more efficient machines progressing smoothly, its expected that millions will...
Digital Currency Revolution
Bitcoin IRA offers free bitcoins in New York City to educate public on digital currency
Bitcoin IRA (Individual Retirement Account) that enhances individuals returns by helping them invest in bitcoin, has distributed free bitcoins in New York City on 17th February2017, in a move to educate the public on the...