Better outlook for mining states likely to support Australia's economic growth - RBA's Kent
Nov 22, 2016 15:56 pm UTC| Commentary Economy
Reserve Bank of Australias (RBA) Assistant Governor Christopher Kent speaking at the Australian Business Economists Conference Dinner on Tuesday said that he reasonable prospects for overall strong economic...
Theresa May hints at transitional arrangement to alleviate Brexit process for businesses
Nov 22, 2016 15:45 pm UTC| Commentary Economy
UK Prime Minister Theresa May speaking at the Confederation of British Industrys annual conference on Monday hinted that her government was working towards avoiding a cliff edge for business when Britains two-year Brexit...
Fitch affirms China at A+ on robust external finances and strong macroeconomic track record
Nov 22, 2016 15:06 pm UTC| Commentary Economy
Fitch Ratings has affirmed Chinas Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at A+ with a Stable Outlook. Chinas senior unsecured foreign and local currency bonds are also affirmed at A+. The...
OPEC likely to finalise details of the accord on Tuesday - OPEC Nigerian delegate, Ibrahim Waya
Nov 22, 2016 14:34 pm UTC| Commentary
The Organization of the Petroleum Exporting Countries (OPEC) is trying to bring its 14 member states and non-OPEC producer Russia to agree on a coordinated production cut which it decided at its September meeting to prop...
Canadian bonds gain as wholesale trade falls unexpectedly in September
Nov 22, 2016 13:01 pm UTC| Commentary
The Canadian government bonds gained Tuesday as recent data showed that wholesale sales fell unexpectedly in September on weak demand. The yield on the benchmark 10-year bond, which moves inversely to its price, fell 2...
Mexican economy likely to have recorded slight sub-trend growth in Q3
Nov 22, 2016 12:52 pm UTC| Commentary
Mexican economy is expected to have recorded slightly sub-trend growth in the third quarter. Meanwhile, the economic outlook of the country is worsening. IP, economic activity and trade numbers through August and our...
Nov 22, 2016 12:42 pm UTC| Commentary
The U.S. Treasuries saw mixed performance during a relatively quiet Tuesday session that witnessed data of little significance. The yield on the benchmark 10-year Treasury note fell 4 basis points to 2.29 percent, the...