Finnish employment points to recovery in Eurozone

Aug 23, 2016 07:15 am UTC| Commentary Economy

Finlands unemployment rate declined to lowest level in almost two years; this is yet another sign that the recovery in the Eurozone is continuing. During mid-last year unemployment rate hit 11.8 percent but declined since....

Housing, transportation weighs on Singapore’s consumer prices, posts 21st month of decline

Aug 23, 2016 06:36 am UTC| Commentary

Singapores consumer price index-induced inflation fell again in July, posting the 21st straight month of decline, weighed upon by declines in housing and transportation costs. Singapores consumer price index fell 0.7...

Japanese bonds gain on lower risk appetite; consumer inflation in focus

Aug 23, 2016 06:33 am UTC| Commentary

The Japanese government bonds gained Tuesday as investors poured into safe-haven instruments amid losses in riskier assets including equities and crude oil. Also, stronger-than-expected 20-year bond auction supported the...

US existing home sales likely to have flattened in July

Aug 23, 2016 06:23 am UTC| Commentary

Existing home sales in the US is likely to have flattened out in July. It had increased at a stable and unspectacular pace from March by 4 percent in June. But the corresponding increase in the pending home sales index...

Negative Rates Series

Negative interest rate policy arouse doubts over impact on capital markets, IMF defends ECB’s policy

Aug 23, 2016 06:15 am UTC| Commentary Central Banks

The negative interest rate policy has aroused doubts over the potential impact on capital markets; the debate about whether a negative interest rate policy (NIRP) helps or hinders the transmission mechanism of monetary...

New Zealand bonds close higher after Wheeler hints at 35bps of further easing

Aug 23, 2016 06:09 am UTC| Commentary

The New Zealand government bonds closed higher Tuesday after the Reserve Bank of New Zealand Governor Graeme Wheeler said that current economic estimates further showed a need for 35 basis points of monetary easing. Also,...

Singapore’s CPI drops again in July, MAS expects inflation to rise in coming months

Aug 23, 2016 06:00 am UTC| Commentary

Singapores consumer price index inflation dropped for the 21st consecutive month in July. On a year-on-year basis, the nations inflation came in at -0.7 percent in the month, the same rate recorded in the month of June,...