German 10-year bund yields jump to near 2-month high on expectations of rise in Q1 GDP
May 11, 2017 09:12 am UTC| Commentary Economy
The 10-year German bund yields jumped to near 2-month high Thursday, following expectations of a rise in the first quarter gross domestic product (GDP), scheduled to be released on May 12. Further, the countrys consumer...
Brexit Series: UK unlikely to break apart through Brexit
May 11, 2017 08:31 am UTC| Commentary
Britain, Scotland, Northern Ireland, and Gibraltar forms what we call the United Kingdom and since the Brexit letter was delivered to the European Council President Donald Tusk from the Prime Minister of the UK Theresa...
BoK likely to leave benchmark interest rate at 1.25 pct until Q2 2018, says Scotiabank
May 11, 2017 08:25 am UTC| Commentary Economy
The Bank of Korea (BoK) is expected to leave the benchmark interest rate at its current level of 1.25 percent at least until the second half of 2018 when a cautious monetary tightening phase will commence. Further, the...
Brexit Series: Juncker cornered over Brexit meeting leaks
May 11, 2017 07:43 am UTC| Commentary
European Commission President Jean-Claude Juncker got seriously cornered within the European Union after the details of his meeting with the UK Prime Minister Theresa May appeared in a German news tabloid. After German...
Global Geo-political Series: ECB’s Draghi grilled at Dutch parliament on probable Dutch exit bill
May 11, 2017 07:08 am UTC| Commentary
An interesting debate broke out at the Dutch parliament between the chief of the European Central Bank (ECB) Mario Draghi and the Forum for Democracy leader Thierry Baudet. During the question-answer session after Mr....
May 11, 2017 06:50 am UTC| Commentary Economy
Since the European Union referendum in June 2016, EUR/GBP has been caught in no mans land trading within the 0.84-0.88 range most of the time. As such, we do not see the upcoming UK general election as a major game changer...
New Zealand bonds end higher post RBNZ maintains neutral policy stance
May 11, 2017 06:10 am UTC| Commentary Economy
The New Zealand bonds ended Thursdays session on a higher note after reading the Reserve Bank of New Zealands (RBNZ) neutral monetary policy stance, wherein the central bank maintained its official cash rate (OCR) at a...