Russian central bank likely to remain on hold due to inflationary pressures
Jul 28, 2016 11:07 am UTC| Commentary Central Banks
The Central Bank of Russia (CBR) is largely expected to remain on hold at its monetary policy meeting scheduled to be held on July 29, following higher-than-targeted inflationary pressures that would restrict the bank from...

Fundamental Evaluation Series: USD/CHF vs. yield divergence review
Jul 28, 2016 11:07 am UTC| Commentary Central Banks Economy
In recent days, Swiss francs correlation with the 2-year yield spread (US-Swiss 2 year) has dropped to 25 percent but time on time again it shows relatively high positive correlation, as high as 80 percent at times. Just...
Eurozone economic, business confidence rises despite Brexit
Jul 28, 2016 10:50 am UTC| Commentary
Economic and business confidence in the Eurozone during the month of July rose, despite woes concerning the June 23 vote for the United Kingdom to leave membership of the European Union. A key gauge of economic...
German July unemployment extends decline as Brexit fails to shake the nation
Jul 28, 2016 10:48 am UTC| Commentary
Germanys unemployment extended decline during the month of July as woes surrounding the fallout of Britain in a referendum held on June 23 have failed to shake the economic fundamental of the country. The European Unions...
Coup and crackdown likely to take toll on Turkey’s tourism
Jul 28, 2016 10:40 am UTC| Commentary Economy
An attempted coup on July 15-16 and crackdown after that which has so far led to more than 60,000 government workers, military personnel, teachers, and journalists being either jailed, detained, or suspended is likely to...
UK 10-year gilt yields fall to record low on hopes of BoE easing next week
Jul 28, 2016 10:29 am UTC| Commentary
The UK gilts continued to rally on Thursday due to rising speculation that the Bank of England may restart quantitative easing at next weeks meeting or opt for lower interest rates. The yield on the benchmark 10-year...
German bunds mixed ahead of CPI data; unemployment remains at record low
Jul 28, 2016 09:51 am UTC| Commentary
The German bunds traded mixed on Thursday as investors awaited the consumer inflation data for July, which is scheduled to release on Thursday at 12:00 GMT. The yield on the benchmark 10-year bond fell 1/2 basis point...