Swiss economic growth surpasses expectations in Q2
Sep 06, 2016 08:39 am UTC| Commentary
The Swiss economy expanded in the second quarter, driven by foreign trade and government consumption, according to the State Secretariat for Economic Affairs. The real GDP expanded 0.6 percent quarter-on-quarter in June...
US Election Series: African Americans prefer neither Clinton nor Trump
Sep 06, 2016 08:38 am UTC| Commentary Politics
Both Democratic presidential nominees Donald Trump and Hillary Clinton have stepped up their efforts to woo African American voters in their camp as both of them are aware of one simple fact that there would be no White...
Indian bonds gain as Fed Sep rate hike fades after weak employment report
Sep 06, 2016 08:35 am UTC| Commentary
The Indian bonds gained Tuesday as the United States Federal Reserve September rate hike faded after weaker than expected August non-farm payroll result. The yield on the benchmark 10-year bonds, which moves inversely...
Global Geopolitical Series: Tensions rise between America and Philippines
Sep 06, 2016 07:38 am UTC| Commentary
Philippines new president Rodrigo Duterte triggered a diplomatic riftwhen he cursed President Obama and called him a son of a whore, after receiving weeks of criticism over his war on drugs, in which around 2000 people...
RBA leaves cash rate on hold; Nov policy meet in focus after examining Q3 inflation
Sep 06, 2016 07:13 am UTC| Commentary Economy Central Banks
The Reserve Bank of Australia left its official cash rate (OCR) at a record low of 1.50 percent in its monetary policy meeting held Tuesday, after having reduced it by 25 basis points in both May and August. However, the...
U.S. ISM non-manufacturing index likely to have stayed healthy in August
Sep 06, 2016 07:06 am UTC| Commentary
The U.S. ISM non-manufacturing index is expected to have stayed stable in August. The index had dropped slightly in July but had remained healthy at 55.5 as most measures of underlying activity continued to be strong. For...
JGB yields rise on BoJ policy speculations; 30-year yields down on solid auction demand
Sep 06, 2016 06:45 am UTC| Commentary
The Japanese government bond yields rose Tuesday as investors continue to speculate that the Bank of Japan will try something new in its two-day monetary policy meeting scheduled to be held during September 20-21. On...