German bunds plunge ahead of 5-year auction; ECB President Draghi’s speech in focus

Feb 01, 2017 08:22 am UTC| Commentary

The German government bunds plunged Wednesday ahead of the 5-year auction scheduled to be held later in the day. Also, investors are eyeing the European Central Bank President Mario Draghis speech scheduled for...

Indian sovereign bonds hold steady post 2017-18 Union Budget; investors eye INR110 billion government auction

Feb 01, 2017 07:52 am UTC| Commentary

The Indian sovereign bonds held steady Wednesday post the presentation of the 2017-18 Union Budget by Finance Minister Arun Jaitley. Also, investors are eyeing the INR110 billion bond auction by the central government,...

Metal Supply & Demand Series

Metal supply/demand Series: Copper mine strike to continue in Chile

Feb 01, 2017 07:40 am UTC| Commentary

The red metal, which is better known as an industrial barometer rose last night after it became clear that the workers at Chiles Escondida mine operated by BHP Billiton rejected the management offer and decided to continue...

Indian Finance Minster targets fiscal deficit at 3 pct of GDP for 2018-19: Union Budget

Feb 01, 2017 07:27 am UTC| Economy Commentary

Indian Finance Minster Arun Jaitley in its 2017-18 Union Budget targeted fiscal deficit at 3.2 percent of GDP for 2017-18 and 3 percent for 2018-19, rising probability for higher sovereign rating. This moved come as the...

Global Geopolitics Series

Global Geo-political Series: Further EU integration unlikely before German election

Feb 01, 2017 07:23 am UTC| Commentary

In response to Trump administrations criticism of the European Union and Germany as a currency exploiter, European Council President Donald Tusk has called for spectacular steps from the European Union leaders in order to...

U.S. wage growth remains on moderate upward path in Q4, likely to continue accelerating in 2017

Feb 01, 2017 07:22 am UTC| Commentary

The U.S. employment cost index dropped a bit in the fourth quarter and was consistent with the market expectations. The index continues on a moderate upward path. The ECI index came in at 0.5 percent sequentially in the...

Canada’s economic growth recovers in November, likely grew above BoC’s expectations in Q4

Feb 01, 2017 07:20 am UTC| Commentary

Canadas economic growth rebounded in November. The economy expanded 0.4 percent sequentially, a bit higher than consensus expectations of a 0.3 percent growth. This is more than enough to counter Octobers 0.2 percent...