Unemployment in Spain inches higher in August amid rising political uncertainty
Sep 02, 2016 10:16 am UTC| Commentary
The number of jobless people in Spain inched higher during the month of August amid an environment of rising political uncertainty. The number of people registered as unemployed in Spain rose by 0.39 percent in August...
CNY to remain under depreciation pressure in coming months
Sep 02, 2016 10:01 am UTC| Commentary
The Chinese yuan is likely to remain under pressure in the coming months. Market participants believe the Peoples Bank of China prioritizes a relatively stable yuan before the G-20 Hangzhou Summit, said Scotiabank in a...
German bunds trade modestly lower ahead of U.S. jobs data; ECB policy decision in focus
Sep 02, 2016 09:24 am UTC| Commentary
The German bunds traded significantly lower Thursday as investors await the Fridays US jobs data as it could be used to anticipate the Feds most likely step to raise interest rate. The yield on the benchmark 10-year...
U.K. construction PMI signals slowdown in pace of decline
Sep 02, 2016 09:22 am UTC| Commentary
Construction firms in the U.K. showed a sustained decline in business activity in August; however, the pace of fall was just marginal and weaker than the seven-year record seen in July. The seasonally adjusted Markit/CIPS...
Japan consumer sentiment better than expectations in August
Sep 02, 2016 09:20 am UTC| Commentary
Consumer sentiment in Japan rose during the month of August, coming in better than what markets had initially expected. Japans consumer sentiment index rose to 42.0 from 41.3 in the prior month. The score was expected...
Hong Kong home sales jump to 14-month high in August in response to stabilizing prices
Sep 02, 2016 09:02 am UTC| Commentary
Home sales in Hong Kong jumped to a 14-month high in August, in a positive response to the sectors stabilizing prices. Also, property developer cashed in more profit following improved consumer sentiment in the real estate...
European Migrant Crisis Series: Crisis threatens to return in its full blown form
Sep 02, 2016 08:57 am UTC| Commentary
In rubber and wooden boats, European Migrant crisis is threatening to return in its full-blown form, similar to last year. At one hand, after abrief period of a slowdown the numbers of arrivals have increased once again,...