UK gilts plunge on higher-than-expected Q4 GDP, next week’s BoE policy decision in focus
Jan 26, 2017 10:09 am UTC| Commentary
The UK gilts plunged Thursday, following higher-than-expected fourth quarter gross domestic product (GDP). Also, investors are now curiously eyeing the Bank of Englands monetary policy meeting next week. The yield on...
Renminbi Series: Yuan’s internationalization stalled in 2016
Jan 26, 2017 10:05 am UTC| Commentary Economy
The Chinese yuan has been steadily losing its attraction, according to a report by Swift payment system. As an effect of economic stagnation, uncertainties surrounding high levels of domesticdebt, higher volatilities and...
US under Trump Series: Embrace UK, slam Germany; a clever strategy for trade
Jan 26, 2017 09:56 am UTC| Commentary Economy
Earlier this month in an interview with a British conservative member of the parliament Michael Gove and the German newspaper Bild, US President Donald Trump said that he is ready to move fast and make a trade deal with...
German bunds decline on higher risk appetite, investors eye Q4 GDP
Jan 26, 2017 09:27 am UTC| Commentary
The German government bunds slumped Thursday as investors moved away from safe-haven instruments on higher risk appetite in crude oil and equities. Also, investors are eyeing the release of fourth quarter gross domestic...
Next week’s FOMC policy meet likely to set stage for March rate hike
Jan 26, 2017 09:06 am UTC| Economy Commentary Central Banks
The United States Bureau of Economic Analysis is expected to release its gross domestic product (GDP) for the last quarter of 2016 on Friday by 13:30 GMT. We foresee that if it comes in above 2 percent y/y, could set the...
Taiwan’s central bank likely to keep key interest rate unchanged this year
Jan 26, 2017 09:03 am UTC| Commentary
Taiwans central bank, the Central Bank of the Republic of China, is likely to stand pat this year. According to a Commerzbank research report, the central bank is expected to maintain the discount rate at 1.375 percent. At...
GfK German consumer sentiment indicator set to rebound in February 2017
Jan 26, 2017 09:02 am UTC| Commentary
Germanys consumer sentiment is beginning 2017 on quite a positive note. The economic and income expectations and propensity to purchase have improved. After recording 9.9 points in January, the overall GfK consumer climate...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood