Switzerland's inflation rises less-than-expected in October
Nov 07, 2016 14:32 pm UTC| Commentary
Data released by Switzerland Federal Statistical Office on Monday showed that inflation in Switzerland rose less-than-expected in October. Swiss consumer price inflation in October rose a seasonally adjusted 0.1 percent,...
Canadian bonds slump following recovery in energy prices, global debt market
Nov 07, 2016 14:01 pm UTC| Commentary
The Canadian government bonds slumped Monday as crude oil prices recovered by a commitment from OPEC to stick to a deal to cut output. Also, Global Treasury yields jumped after FBI Director James Coney released an...
German industrial orders miss expectations, drop by 0.6 pct m/m in September
Nov 07, 2016 13:41 pm UTC| Commentary
German industry orders fell in September, down by 0.6 percent m/m from 0.9 percent in August, data released by the Economy Ministry showed on Monday. Data missed forecast for a rise of 0.3 percent and the previous months...
South Australian economy likely to face challenges in near-term, aided by weak AUD
Nov 07, 2016 13:09 pm UTC| Commentary Economy
The South Australian economy is expected to face challenges in the year ahead, but should be aided by the low-interest rate environment and by the weaker Australian dollar. In 2014-15, the South Australian economy grew...
USD/SGD likely to trade around 1.40 by end-2016, says Commerzbank
Nov 07, 2016 12:57 pm UTC| Commentary
In the mid-2011, the Singaporean dollar had appreciated to a record high against the US dollar to 1.20. It had remained within a stable range between 1.20-1.30 during mid-2011 to mid-2014. But the Singaporean dollar, since...
U.S. Government bonds plunge as Hillary Clinton’s victory hopes loom
Nov 07, 2016 12:49 pm UTC| Commentary
The U.S. Treasuries were pushed lower across the curve Monday as investors moved away from safe-haven buying after Democrat Hillary Clinton holds a four-point lead over Republican Donald Trump in the final national NBC...
Eurozone retail sales slow for second straight month in Sep, driven by drop in non-food items
Nov 07, 2016 12:42 pm UTC| Commentary Economy
Retail sales in eurozone slowed for the second straight month during September, driven by fall in sales of non-food items with the sharpest declines witnessed in Germany, Portugal and Slovenia. Retail sales in the 19...