U.S. Government bonds strengthen on Brainard’s dovish comments, energy prices tumble

Sep 13, 2016 11:22 am UTC| Commentary

The US Treasuries saw continued upward pressure across much of the curve Tuesday as the probability of a September rate hike from the Federal Reserve has dropped to about 15 percent from previous 30 percent after Governor...

UK house prices edge higher in Aug on rise in taxes, sectoral recovery continues to be lacklustre

Sep 13, 2016 11:19 am UTC| Commentary Economy

Housing prices in the United Kingdom edged slightly higher during the month of August, following the recent rise in taxes; however, the property sector continued to experience a dusty recovery in the wake of post-Brexit...

Investment in China’s real estate shows modest pick-up in Aug as sales continue to expand

Sep 13, 2016 10:59 am UTC| Commentary Economy

Investment in Chinas real estate sector witnessed modest pick up during the month of August as property sales continued to expand during the period. Chinas real estate investment rose 5.4 percent year on year in the...

South Korea’s jobless rate rises modestly in August, BoK likely to tweak monetary policy

Sep 13, 2016 10:48 am UTC| Commentary Economy

Unemployment rate in South Korea rose modestly during the month of August, compared to a year earlier period with the unemployment rate for young adults still remaining high amid a prolonged economic slump. However, a...

Eurozone periphery bonds gain on weak risk appetite

Sep 13, 2016 10:39 am UTC| Commentary

The Eurozone periphery bonds gained Tuesday as investors poured into safe-haven instruments amid losses in riskier assets including equities and crude oil. Also, persistent lower inflation in Germany encouraged investors...

Turkish economy likely to contract in Q3, CBRT likely to further lower rates

Sep 13, 2016 10:39 am UTC| Commentary

The Turkish government took back control following the attempted military coup in mid-July; however, the government has declared an emergency rule of three months that is expected to be extended. The political situation...

NZ food prices post biggest monthly gain in three years, eases pressure on RBNZ

Sep 13, 2016 10:14 am UTC| Commentary Economy

Food prices in New Zealand posted the biggest monthly gain in three years, easing rate cut pressure on the Reserve Bank of New Zealand. The countrys food prices constitute around 19 percent of the consumer price index...