Eurozone periphery bonds gain as Fed July meeting minutes reveal contrarian views on rate hike
Aug 18, 2016 10:01 am UTC| Commentary
The Eurozone periphery bonds gained Thursday as investors expectations for upcoming rate hike waned after Federal Reserve July meeting minutes increased doubts over rate hike this year. The French 10-year bundyield...
German bunds strengthen on Fed rate hike dilemma; firm crude limits fall in yields
Aug 18, 2016 09:29 am UTC| Commentary
The German bunds strengthened Thursday as investors expectations for December rate hike faded after the Federal Reserve July meeting minutes showed that policymakers were split over the timing of the rate hike. On the...
UK retail sales unexpectedly surge in July, pound’s depreciation fuels consumer spending
Aug 18, 2016 09:23 am UTC| Commentary
Retail sales in the United Kingdom surged unexpectedly during the month of July, as depreciation in the domestic currency while the hot weather boosted consumer spending on clothing and footwear, post Britains vote to quit...
UK property market likely to face revisions and provisions but no crash thanks to bargain hunters
Aug 18, 2016 09:23 am UTC| Commentary Economy
UK property market is one of the most happening real estate markets in the world right now, buzzing with financial provisions, revisions, discount, bargain hunting and liquidation. Big Real estate investment trusts are...
China's consistent capital outflows likely to keep yuan under pressure
Aug 18, 2016 09:21 am UTC| Commentary
The depreciation pressure on the Chinese yuan is expected to continue throughout the remainder of 2016 due to the persistent capital outflows in July, said Scotiabank in a research report. The Ministry of Commerces data...

Aug 18, 2016 09:16 am UTC| Commentary
Japan recorded a 513.5 JPY billion surplus in July of 2016, compared to a 261.39 JPY billion deficit a year earlier and beating market consensus of a 283.7 JPY billion surplus, as exports fell less than...
Indian bonds slump as wholesale inflation touches 23-month high
Aug 18, 2016 09:01 am UTC| Commentary
The Indian government bonds slumped Thursday after data showed that the wholesale inflation for July jumped to 23-month high, indicating that the Reserve Bank of India (RBI) would not ease its key policy rate...