Czech economic growth driven by strong household consumption, GDP likely to grow 2.7 pct in 2017

Jan 16, 2017 09:32 am UTC| Commentary

Foreign and domestic demand is underpinning the Czech economic growth. According to an Erste Group Research, the GDP growth is expected to come in at 2.7 percent, a rise from around 2.4 percent anticipated for 2016. Strong...

German bunds gain on renewed fears of hard Brexit; investors eye ECB’s first policy meeting of 2017

Jan 16, 2017 09:25 am UTC| Commentary

The German bunds gained Monday, following renewed fears of a hard Brexit and in the run up to the United Kingdom Prime Minister Theresa Mays speech, scheduled for Tuesday. Also, investors are curiously eyeing the European...

Norwegian trade surplus expands in December on rise in value of crude oil export

Jan 16, 2017 08:59 am UTC| Commentary

Norways trade surplus expanded in December, owing to higher crude oil price. The increased price of oil led to higher export value for crude oil, which resulted in a rise of trade surplus to NOK 23.3 billion from NOK 15.1...

Indian 10-year bond yields hit near 2-week high as wholesale prices climb in December

Jan 16, 2017 08:27 am UTC| Commentary

Indian 10-year sovereign bond yields hits near 2-week high Monday as the countrys wholesale price index climbed at the fastest pace in two months amid lack of significant global cues. Also, the U.S. markets remain closed...

South Korean consumer inflation likely to hit 2 pct in 3Q17, says DBS Bank

Jan 16, 2017 07:51 am UTC| Economy Commentary

According to the DBS Bank research note, the Bank of Korea (BoK) now expects inflation to converge with its 2 percent target by mid-2017, according to its latest economic outlook report released on 13th January. For the...

Global Geo-political Series: Trump might end sanctions on Russia

Jan 16, 2017 07:44 am UTC| Commentary

With less than a week to his formal inauguration, the President-elect Donald Trump indicated that he might do away with the economic sanctions on Russia at least for a period of time, which would be the biggest change in...

Briferendum Aftermath Series

Briferendum Aftermath Series: Chancellor Hammond provides glimpse to negotiating stance

Jan 16, 2017 07:25 am UTC| Commentary

With just 12 weeks to go before the British government abides by its self-imposed timeline and trigger the Article 50 divorce clause in order to get out of the European Union, the United Kingdoms chancellor exchequer...