Spanish inflation in positive territory for the first time since June 2014
Sep 29, 2016 13:38 pm UTC| Commentary
Flash inflation data released by the statistical office INE on Thursday showed that Spains consumer price inflation exceeded the 0 percent threshold for the first time since June 2014. In September the HICP increased by...
Deutsche Bank may not be the only one in trouble
Sep 29, 2016 13:14 pm UTC| Commentary Economy
Deutsche Bank has beenmaking headlines over the past two weeks as it struggles with its finances. There is a possibility that if the United States imposes a $14 billion penalty over its mishandling of mortgages during the...
Japan’s CPI (excluding fresh food) likely rebounded slightly in August
Sep 29, 2016 12:49 pm UTC| Commentary
Japans CPI, excluding fresh food, is likely to have improved a bit in August, but remained in the negative territory. According to a Societe Generales research note, the CPI, excluding fresh food, is expected to have come...
Canadian bonds trade nearly flat ahead of August GDP figures, crude oil remains volatile
Sep 29, 2016 12:45 pm UTC| Commentary
The Canadian government bonds traded nearly flat Thursday as investors await August gross domestic product (GDP) figure. Also, volatile crude oil prices kept traders sidelined from safe-haven buying. The yield on the...
Chair Yellen challenged hard over governor’s involvement in Clinton campaign
Sep 29, 2016 12:32 pm UTC| Commentary Central Banks
After Donald Trump criticized US Federal Reserve for playing politics with interest rates and creating a false economy, Fed Chair Janet Yellen came out strongly in September FOMC meeting that the Fed is independent and...
Australia’s housing and business credit growth likely strengthened sequentially in August
Sep 29, 2016 12:28 pm UTC| Commentary
At the beginning of August, the Reserve Bank of Australia lowered the cash rate, but the private sector credit growth is expected to have decelerated further in year-on-year terms. However, with the possibility of a small...
U.S. Government bonds trade lower for two successive days as OPEC agrees on output cut
Sep 29, 2016 12:25 pm UTC| Commentary
The U.S. Government bonds saw downward pressure across the curve for two successive days after OPEC agreed at the meeting in Algeria to curb oil output for the first time since 2008. The yield on the benchmark 10-year...