UK gilts slump on BoJ’s surprise policy decision; BoE meeting eyed next week
Jul 29, 2016 10:49 am UTC| Commentary
The UK gilts slumped on Friday after the Bank of Japan remained on hold at its two-day monetary policy meeting, rolling a sense of disappointment among market participants who were expecting a deeper policy easing. The...
German retail sales fall in June, remain in line with expectations
Jul 29, 2016 10:30 am UTC| Commentary
Retail sales in Germany during the month of June fell, remaining largely in line with what markets had expected. However, the indicator maintained a strong momentum on an annual basis, data showed. Germanys retail sales...
Briferendum Aftermath Series: Theresa May needs to defy lucrative early election calls
Jul 29, 2016 10:25 am UTC| Commentary
An early election at the moment is a very lucrative call for the Conservatives. According to polls, they are currently enjoying the biggest lead ever over their closest rival the UK Labour Party. She has ruled out the idea...
NZ business confidence slows in June on pessimism in agri sector
Jul 29, 2016 10:22 am UTC| Commentary
Business confidence in New Zealand slowed during the month of June following pessimism in the agricultural sector. However, the dip was mostly predicted by economists as seasonal. A net 16 percent of firms surveyed in...
German bunds slump on BoJ’s disappointing policy decision, profit booking
Jul 29, 2016 09:56 am UTC| Commentary
The German bunds slumped on Friday after the Bank of Japan left its policy rate unchanged, which disappointed investors who were anticipating a higher policy easing. Also, marginal investors cashed in profit on the last...
US Election Series: Betting odds favor Clinton while Trump leads in polls
Jul 29, 2016 09:54 am UTC| Commentary Politics
Republican Presidential nominee Donald Trump for the first time has taken a clear lead over Democratic Presidential nominee Hillary Clinton since the Primaries ended in June. In last 15 polls, conducted since 20th July,...
US Election Series: How the estimated electoral map appears?
Jul 29, 2016 08:49 am UTC| Commentary Politics
To win the White House a candidate needs to secure 270 electorates from a total of 538 available. Details of the final election processare explained here,...