
U.K. manufacturing PMI declines in October, remains slightly below expectations
Nov 01, 2016 10:48 am UTC| Commentary Economy
Manufacturing activity in the United Kingdom declined during the month of October, remaining slightly below what markets had initially anticipated. The UK Markit/CIPS UK manufacturing PMI index declined to 54.3 for...
US Presidential Election Series: In panic Clinton camp throws Russian allegations on Trump
Nov 01, 2016 10:14 am UTC| Commentary
Hillary Clinton campaign is using Russia as a shield to distract the public from the criminal wrongdoings that have been committed by Democratic Presidential nominee Hillary Clinton. After Federal Bureau of Investigation...
UK gilts plunge on higher Chinese manufacturing PMI; BoE’s policy decision in focus
Nov 01, 2016 10:10 am UTC| Commentary
The UK gilts plunged Tuesday after recent data showed that the worlds second-largest economys manufacturing activity expanded at a faster pace in October. Also, markets largely shrugged off a fall in UKs October...
South Korean exports fall in October on nationwide labor strike, Samsung’s massive recall
Nov 01, 2016 09:59 am UTC| Commentary Economy
Exports in South Korea fell during the month of October, following nationwide labor strike amid Samsungs massive recall of its Galaxy Note 7, following explosions of its batteries in the global market. South Korean...
German bunds plunge on higher risk appetite; 10-year yield hits highest since May
Nov 01, 2016 09:31 am UTC| Commentary
The German bunds traded plunged Tuesday as investors moved away from safe-haven buying amid gains in crude oil prices and the recovery in equities market. Also, the yields on 10-year bonds hit highest since May. The...
Russia manufacturing PMI hits 4-year high in October
Nov 01, 2016 09:01 am UTC| Commentary Economy
The manufacturing sector in Russia hit a 4-month high during the period of October, as businesses recorded marked increases in production, new orders and outstanding business. The seasonally adjusted Markit Russia...
Briferendum Aftermath Series: Mark Carney to extend his term by one year
Nov 01, 2016 08:42 am UTC| Commentary Central Banks
Yet another indication that the Brexit is real and to be arriving soon; Bank of England (BoE) governor Mark Carney, after talking with British Prime Minister Theresa May and chancellor of exchequer Phillip Hammond informed...