Japan services PMI falls slightly below 50-point mark, adding cloudy economic outlook

Sep 05, 2016 08:59 am UTC| Commentary

Japans services sector depressed slightly during the month of August, adding gloominess to the countrys economic outlook. The Nikkei Japan Services Purchasing Managers Index (PMI) dropped to 49.6 in August from 50.4 in...

Latest Commitment of Traders positions (Commodities) as of August 30th, 2016

Sep 05, 2016 08:53 am UTC| Commentary

CFTC commitment of traders report was released on Friday (2nd September) and cover positions up to Tuesday (30th August). COT report is not a complete presenter of entire market positions, however, it represents a good...

Briferendum Aftermath Series

Briferendum Aftermath Series: Theresa May strikes softer tone on EU immigrants

Sep 05, 2016 07:57 am UTC| Commentary

The newly elected British Prime Minister Theresa May, speaking ahead of the G20 meeting, which is to be held in China, has ruled out the possibility of a stricter point based immigration system for the European Union...

Malaysian central bank likely to cut rate again in September

Sep 05, 2016 07:26 am UTC| Commentary

When the Malaysian central bank, BNM, had surprisingly lowered its interest rate by 25 basis points to 3 percent in July, only one out of 18 economists projected the move. The July cut was the first since 2009. Investors...

Japanese bonds plunge as Kuroda remains sceptical about policy easing

Sep 05, 2016 07:09 am UTC| Commentary

The Japanese government bonds plunged Monday as investors moved away from safe-haven buying after the Bank of Japan governor Kuroda said that they were limited on what the central bank can do on two-day monetary policy...

DKK likely to be stable in future, central bank to keep rates on hold for longer period

Sep 05, 2016 07:06 am UTC| Commentary Central Banks

Denmarks central bank did not intervene in the foreign exchange market in August, the second straight month of non intervention. Since the start of August, the Danish krone has been weakening against the euro, consistent...

Australia’s services sector stalls in August post 13 months of rally

Sep 05, 2016 06:58 am UTC| Commentary

Australias services sector fell during the month of August, snapping 13 months of constant improvement. Services account of over 70 percent of the countrys economic growth. The Ai Groups manufacturing Purchasing...