KRW likely to be under modest weakening pressure against USD towards 2016-end
Jul 21, 2016 06:40 am UTC| Commentary
The South Korean won is expected to continue to reflect changes in global investor confidence as the South Korean economy is one of the most open economies amongst its peers in the region, said Commerzbank in a research...
Euro zone consumer confidence falls in July as morale weakens post-Brexit
Jul 21, 2016 06:35 am UTC| Commentary
Consumer confidence in the euro area fell during the month of July, following the fallout after Brexit that shocked financial markets, reigning in fresh signs of weaker morale that is capable of hampering economic growth...
Chinese sovereign bonds gain on hopes of slowing economic growth
Jul 21, 2016 06:12 am UTC| Commentary
The Chinese sovereign bonds gained on Thursday after latest poll from Reuters, which showed that the worlds second-largest economy is expected to witness a shrink in gross domestic product (GDP) growth in 2016 owing to...
Net inflow of migrants into New Zealand almost unchanged in June
Jul 21, 2016 06:02 am UTC| Commentary Economy
New Zealand has recorded a net inflow of 5,670 migrants on a seasonally adjusted basis in June. This is almost the same size of the net inflows witnessed in the past four months. Indeed, this is lower than the rates...
Brazil’s central bank remains on hold; policymakers struggle to control inflation
Jul 21, 2016 05:34 am UTC| Commentary Central Banks
Brazils central bank remained on hold at its monetary policy meeting held on Wednesday, largely as markets had expected amid struggle by policymakers to bring the countrys inflation under control. Interest rate remained on...
RBNZ signals further policy easing as stronger NZD hurts inflation outlook
Jul 21, 2016 05:29 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand on Thursdayreleased its short economic update. In the July update, the central bank gave fresh guidance on monetary policy. According to the RBNZs statement, the stronger New Zealand dollar...
Australian bonds narrowly mixed in thin trade; next week’s inflation data eyed
Jul 21, 2016 05:21 am UTC| Commentary
The Australian government bonds traded narrowly mixed on Thursday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. Also, investors will be keeping a close...