Donald Trump’s popularity gets a boost after Carrier deal
Dec 07, 2016 10:59 am UTC| Commentary Politics
According to the latest survey by Politico, the negotiations between the President-elect Donald Trump and Carrier Corporation that saved thousands of jobs and prevented the companys moving out of the United States boosted...
Dec 07, 2016 10:50 am UTC| Commentary
Chinas foreign exchange reserves dropped by more than anticipated in November, triggering worries regarding accelerating outflows of capital and tighter foreign exchange controls from Beijing. According to a Nordea...
U.K. industrial production posts steeper decline in October, worse than market expectations
Dec 07, 2016 10:50 am UTC| Commentary Economy
Industrial production in the United Kingdom posted a steeper decline during the month of October, coming in worse than what markets had initially anticipated. Also, this fall recorded the sharpest in oer four years. UK...
U.K. house price growth slows in November, weakness to persist in near-term
Dec 07, 2016 10:27 am UTC| Commentary Economy
Housing price growth in the United Kingdom slowed during the month of November, as consumers felt the heat of rising prices, higher than the rise in their wages. Also, it is expected to remain weak in the near term. The...
China’s forex reserve decline in November surpasses expectations
Dec 07, 2016 10:26 am UTC| Commentary Economy
The median expectation according to a survey by Bloomberg was that Chinas FX reserve would decline by 1.9 percent in November; instead, it declined by 2.2 percent or 469.1 billion, the biggest monthly outflow since...
Indian 10-year bond yields jump 18bps as RBI unexpectedly keeps policy rate steady
Dec 07, 2016 10:09 am UTC| Commentary
The Indian 10-year bond yields jumped 18 basis points on Wednesday after the Reserve Bank of India (RBI) in its last monetary policy meeting of 2016 unexpectedly kept its interest rate unchanged. The yield on the...
UK gilts gain on disappointing October industrial production
Dec 07, 2016 10:01 am UTC| Commentary
The UK gilts gained Wednesday after recent data showed that the countrys industrial production declined higher than expected in October. The yield on the benchmark 10-year gilts, which moves inversely to its price, fell...