Canadian bonds slump as BoC maintains optimism on growth
Jul 18, 2016 13:18 pm UTC| Commentary
The Canadian government bonds slumped on Monday after the Bank of Canada remained optimistic on the economic outlook in its monetary policy statement. Also, weak crude oil prices limited the growth in bond yield. The...
Japan likely to adopt a soft 'helicopter money’ approach
Jul 18, 2016 12:53 pm UTC| Commentary Economy
Japans policymakers and central bankers are likely to adopt a soft helicopter money approach, instead of funding government spending through a mechanism of direct debt monetization, reports said. A helicopter is an...
German ZEW investor economic sentiment indicator likely dropped sharply in July on Brexit concerns
Jul 18, 2016 12:52 pm UTC| Commentary
The German ZEW investor economic sentiment indicator is likely to have dropped sharply in July. According to a Societe Generale research note, the ZEW investor economic sentiment indicator is expected to have dropped to...
Russia’s retail sales recovery likely to be modest for next two months
Jul 18, 2016 12:50 pm UTC| Commentary
The weak recovery in income and increasing uncertainty regarding personal financial conditions in the near future continues to pull down private spending in Russia, as indicated by the April-Mays package of economic data,...
US Treasuries gain after Turkey’s failed coup attempt
Jul 18, 2016 12:48 pm UTC| Commentary
The US Treasuries gained on Monday as the stocks prices rally petered out and risk aversion rose following a failed coup in Turkey. The yield on the benchmark 10-year Treasury note fell nearly 3 basis points to 1.566...
S&P raises China’s growth forecast following stronger-than-expected GDP
Jul 18, 2016 12:30 pm UTC| Commentary
SP Global Ratings, a rating agency, Monday raised forecasts for the growth of Chinese economy in 2016 and 2017, following the upbeat gross-domestic product that sparked the economy during the second quarter of 2016. The...
Russian labor market conditions likely to have remained solid in June
Jul 18, 2016 12:27 pm UTC| Commentary
Russias labor market conditions are expected to have remained quite intact in June.The jobless rate is likely to have hovered around 5.5 percent non-seasonally adjusted, or 5.7 percent seasonally adjusted in June, noted...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects