China's H1 2016 monetary data reveals growing divergence between M1 and M2 growth
Jul 15, 2016 10:59 am UTC| Insights & Views Economy Commentary
Chinas H1 2016 monetary data released by the Peoples Bank of China (PBoC) showed that New Yuan Loan rebounded to RMB1.38trn from RMB985bn in June, much higher than market expectation (RMB1trn), resulting in a total RMB...
China’s new yuan loans rise to RMB 1.38 trillion in June
Jul 15, 2016 10:58 am UTC| Commentary
The Peoples Bank of China (PBOC), released its monetary data for the first half of 2016. In the month of June, new yuan loan recovered to RMB 1.38 trillion from Mays RMB 985 billion. It is quite higher than the market...
FxWirePro Commodities Watch (Metals):
Jul 15, 2016 10:49 am UTC| Commentary
We, at FxWirePro, have been sensing a change in the commodities market. After months and years of battering by traders and investors, this year, they are once again becoming the darlings. Many of the commodities have risen...
UK gilts slump after BOE surprises investors with steady bank rate
Jul 15, 2016 10:36 am UTC| Commentary
The UK gilts slumped on Friday after the Bank of England surprised investors by keeping its bank rate unchanged. The yield on the benchmark 10-year gilts rose 3 basis points to 0.825 percent, yield on super-long 30-year...
China fixed asset investment eases in June, misses forecasts
Jul 15, 2016 09:47 am UTC| Commentary
Fixed asset investment in China eased during the month of June, slightly missing market expectations. Also, growth in the economy stabilized against thebackdrop of pick up in lending and consumer spending. Chinas fixed...
German bunds flat in subdued trade; next week’s ECB policy decision eyed
Jul 15, 2016 09:32 am UTC| Commentary
The German bunds traded nearly flat on Friday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. Also, investors await the European Central Bank policy...
Briferendum Aftermath Series: Theresa May moves fast to attend her second task
Jul 15, 2016 08:13 am UTC| Commentary
After successfully handling the first task, which was to unite the conservative party, better than expected, Britains newly elected Prime Minister Theresa May has swiftly moved to attend to her second task that is to unite...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects