Global Geo-political Series: Turkey leans more towards Russia, away from United States
Jan 05, 2017 10:44 am UTC| Commentary
The biggest legacy that President Barrack Obama would be remembered for is his failed foreign policies. Under his reign China emerged as a more prominent force in the Geopolitical arena, ISIS became a global threat and...

U.K. service sector growth hits 17-month high in December on sharp rise in new businesses
Jan 05, 2017 10:30 am UTC| Commentary Economy
Growth in the United Kingdoms services sector has hit a 17-month high during December, following the sharpest rally in new businesses since July 2015. Also, output price inflation hit 68-month record high during the...
UK gilts sag as services PMI rises unexpectedly in December
Jan 05, 2017 10:16 am UTC| Commentary
The UK gilts slumped Thursday as recent economic data showed that the countrys services PMI rose unexpectedly in December. The yield on the benchmark 10-year gilts, which moves inversely to its price, rose 1-1/2 basis...
Polish inflation acceleration likely to continue on rising domestic fuel prices
Jan 05, 2017 10:06 am UTC| Commentary
The recent acceleration in inflation is not limited to the euro area as it is being seen throughout emerging Europe as well. In the previous month, Czech inflation rose sharply towards its target from near zero. Also,...
German factory orders seem to have fallen in November
Jan 05, 2017 10:04 am UTC| Commentary
German factory orders are expected to have dropped in November. According to a Societe Generale research report, German factory orders are likely to have fallen 3 percent in sequential terms after a stronger than expected...

France retail sales increase for first time since August, PMI crosses 50-point mark in December
Jan 05, 2017 09:48 am UTC| Commentary Economy
Retail sales in France increased for the first time since August last year, with the headline retail Purchasing Managers Index (PMI) marginally crossing the 50-point no-change mark during the month of December. The...
German bunds slump as Eurozone consumer inflation jumps to three-year high
Jan 05, 2017 09:36 am UTC| Commentary
The German bunds slumped Thursday after recent data showed that the Eurozone consumer inflation jumped to 3-year high, raising market expectations for the European Central Bank (ECB) to hike interest rate in 2017. The...