Donald Trump is wrong to back track on Clinton probe
Nov 23, 2016 09:58 am UTC| Commentary Politics
Donald Trump backtracked on one of his campaign promises that he would appoint a special prosecutor to investigate Hillary Clintons use of private email server. Through the most part of his campaign, he has been a fierce...
French services PMI further strengthens in November, manufacturing remains a drag
Nov 23, 2016 09:43 am UTC| Commentary Economy
Services sector of the French economy remained relatively upbeat during the month of November, maintaining the 50-point threshold mark that separates expansion from contraction. However, manufacturing remained a drag on...
Ifo German business climate index seems to have stabilized in November
Nov 23, 2016 09:39 am UTC| Commentary
The Ifo German business climate index is expected to have stabilized in November. According to a Societe Generale research note, the Ifo business climate index is likely to have risen marginally from 110.5 in October to...
Norway’s oil investment to drop considerably in 2017- Survey
Nov 23, 2016 09:26 am UTC| Commentary Economy
The SSBs Norway oil investment survey for the fourth quarter, which was released today, showed a decline in oil investments in 2017. The survey was downwardly revised from the third quarters survey and is on the weak side...
German bunds rise modestly ahead of 10-year auction, weak manufacturing PMI lends support
Nov 23, 2016 09:25 am UTC| Commentary
The German bunds traded modestly firmer Wednesday as investors remained cautious ahead of the 10-year auction. Also, lower than expected manufacturing PMI for November drove investors towards safe-haven buying. The...
NBH remains on hold; EUR/HUF likely to rise during H1 2017, says Commerzbank
Nov 23, 2016 09:07 am UTC| Commentary Central Banks
The National Bank of Hungary (NBH) maintained its interest rate unchanged at the monetary policy meeting held Tuesday, while implementing subsidiary channels of easing. However, the outcome failed to create any...
Malaysian central bank maintains overnight policy rate at 3 pct
Nov 23, 2016 08:58 am UTC| Commentary Central Banks
As widely expected, the Malaysian central bank, BNM, kept its overnight policy rate on hold at 3 percent during its meeting today, with economic conditions evolving consistent with their projections. There has been an...