UK gilts slump as benchmark FTSE 100 jumps on BOE’s rate cut hopes
Jul 14, 2016 09:34 am UTC| Commentary
The UK gilts slumped on Thursday as the benchmark FTSE 100 stock index jumped to 11-month high on the Bank of England rate cut expectations. Also, firm crude oil prices drove-out investors from safe-haven assets. The...
US Election Series: Donald Trump takes lead in key swing states
Jul 14, 2016 09:33 am UTC| Commentary Politics
The Republican Partys Presidential nominee Donald Trump has taken a lead over the Democratic Partys front-runner Hillary Clinton in key swing states of Florida, and Pennsylvania, while cut the lead in another key state...
Swedish housing market shows signs of additional easing in June
Jul 14, 2016 09:19 am UTC| Commentary Economy
The HOX/Valueguard data has indicated that Swedens housing market is showing additional signs of softness in June. The HOX composite measure of house and apartment prices both fell 1.5 percent last month, more than the...
German bund yields rise modestly with riskier assets; BOE’s policy decision eyed
Jul 14, 2016 09:05 am UTC| Commentary
The German bund yields bounced on Thursday as investors cooled on safe-haven instruments amid gains in riskier assets including crude oil and equities. Also, investors wait for the Bank of England monetary policy decision...
FxWirePro correlation check: Japanese yen vs. risky assets
Jul 14, 2016 08:03 am UTC| Commentary
The Japanese yen has been the best-performing currency this year until recently, just before speculations over fresh stimulus from Bank of Japan (BoJ) went rampant. The yen is currently trading at 105.5 per dollar, down...
Euro area’s final HICP inflation for June likely stayed same as flash estimate
Jul 14, 2016 07:46 am UTC| Commentary Economy
Euro areas final HICP inflation for the June is likely to come in same as the flash reading. According to a Societe Generales research report, the final HICP inflation for euro area is expected to confirm the flash...
Indian bonds trade modestly lower as WPI inflation surges to 20-month high
Jul 14, 2016 07:41 am UTC| Commentary
The Indian government bonds plunged on Thursday after data showed that countrys wholesale price index (WPI) inflation surged to 20-month high in June, indicating that the Reserve Bank of India would not ease its key policy...
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