
Currency snapshot (major pairs)
Jul 28, 2016 13:09 pm UTC| Commentary
Dollar index trading at 96.54 (-0.26%) Strength meter (today so far) Euro +0.30%, Franc +0.47%, Yen +0.10%, GBP -0.53% Strength meter (since last week) Euro +1.15%, Franc +0.64%, Yen +1.10%, GBP +0.43% EUR/USD...
US Treasuries mixed as FOMC leaves interest rate unchanged; signals delay in rate hike
Jul 28, 2016 12:58 pm UTC| Commentary
The US Treasuries traded mixed on Thursday, following the release of the July FOMC statement that noted diminished risk for the economic outlook, highlighted by modest downward pressure in the short-end contrasted by...
German inflation exceeds market expectations, settles nears central bank’s target
Jul 28, 2016 12:55 pm UTC| Commentary
Germanys consumer price inflation during the month of July exceeded market expectations, a positive signal that the countrys consumer prices are nearing the central banks targeted rate of price growth in the 19-area...
BoJ shouldn’t act like hostage to financial markets
Jul 28, 2016 12:09 pm UTC| Commentary Central Banks
The Bank of England (BoE), European Central Bank (ECB), Reserve Bank of Australia (RBA), and the U.S. Federal Reserve all has stayed away from taking any action over the UK referendum, there is apparently no reason that...
Brexit likely to have limited implications for developing countries, says KfW
Jul 28, 2016 11:56 am UTC| Commentary
The June 23 United Kingdom referendum that concluded in a vote demand the exit of the UK from the European Union is expected to have limited implications for the developing countries, but a noticeable impact on the...
South Africa June jobless rate drops marginally; PPI rises in June
Jul 28, 2016 11:53 am UTC| Commentary
The rate of unemployment in South Africa dipped marginally during second quarter of the year, signaling a stable labor market despite repercussions in the world economy on worries surrounding political and financial...
Eurozone periphery bonds rally on expectations of weak Q2 GDP; inflation data also in focus
Jul 28, 2016 11:10 am UTC| Commentary
The Eurozone periphery bonds rallied on Thursday as investors sought refuge in the safe-haven instruments ahead of July preliminary consumer inflation data and the second-quarter flash gross domestic product (GDP) reading....