Kuroda assures room for rate cuts
Sep 05, 2016 06:45 am UTC| Commentary Central Banks
In a speech titled, Comprehensive Assessment of the Monetary Easing: Concept and Approaches, Bank of Japan (BoJ) governor Haruhiko Kuroda delivered strong wordings and stressed that the notions of central banks going out...
Australia’s business indicators come in strong in Q2
Sep 05, 2016 06:24 am UTC| Commentary
Australias business indicators came in generally strong in the second quarter, with inventories and profits rising moderately and wages growth rebounding from low levels. Company profits were more robust than anticipated...
Negative rates Series: Bill Gross warns supernova
Sep 05, 2016 06:21 am UTC| Commentary
Bill Gross founder of bond powerhouse Pimco, who currently manages no constraint fund at Janus, warned over $10 trillion worth of bonds that are trading at negative yields. According to latest from rating agency Fitch,...
CNB maintains view on right time to exit FX floor; negative rates not on table for now
Sep 05, 2016 06:19 am UTC| Commentary Central Banks
Board of the Czech National Bank kept its monetary policy on hold again on Thursdayas per expectations. The central bank did not change its view on the likely timing for exiting the FX floor either. CNB Governor Miroslav...
Negative Rates Series: Negative yields likely to hurt pensioners the most
Sep 05, 2016 06:18 am UTC| Commentary
The chart shows clearly how the pension deficit has ballooned in the United Kingdom to 300 billion with the fall in the gilt yields. It shows despite assurances from the central banks from the developed world, pension...
Negative Rates Series: Investors could lose trillions of dollars in bond shock
Sep 05, 2016 06:18 am UTC| Commentary
Fitch rating agency, one of the top three global rating agencies haswarned against potential losses as yields rose sharply across the board since last week. After dropping to a fresh low on last Thursday, the yields have...

Chancellor Merkel faces humiliating setback in regional election
Sep 05, 2016 06:16 am UTC| Commentary Politics
German chancellor Angela Merkel faced a humiliating defeat on her home ground, which is assured to raise concerns within her Party, Christian Democratic Union (CDU), ahead of next years election. A three-year-old party,...