Briferendum Aftermath Series

Briferendum Aftermath Series: Theresa May has tough task at hand

Jul 13, 2016 07:29 am UTC| Commentary

Today, newly elected Conservative Party leader, Theresa May will be assuming the position of Britains next Prime Minister and she will be taking charge in a very turbulent time for Britain. She will have to move swiftly...

South Korea’s unemployment rate falls in June to near six-month low

Jul 13, 2016 07:11 am UTC| Commentary

Unemployment rate in South Korea fell in June from a year earlier, but the unemployment rate for young adults remained high amid a protracted economic slowdown, a government report showed Wednesday. However, lackluster...

Mexican industrial production rises in May; weakness still continues

Jul 13, 2016 07:08 am UTC| Commentary Economy

The industrial sector in Mexico continued to be subdued in May. Thoughindustrial output rose 0.3 percent on a sequential basis in the month, the year-on-year rate dropped to 0.4 percent from 1.9 percent in the 12 months...

Japanese bonds trade nearly flat in quiet trading

Jul 13, 2016 06:55 am UTC| Commentary

The Japanese government bonds traded nearly flat on Wednesday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. The yield on the benchmark 10-year bonds,...

Australian consumer confidence worsens in wake of federal elections

Jul 13, 2016 06:41 am UTC| Commentary

Consumer confidence in Australia during the month of July, so far, has worsened, which is a sign that thehouseholds had reservations about the economic outlook in run up to2016 federal election, which revealed an...

Business sentiment in euro area drops as political risk deepens

Jul 13, 2016 06:34 am UTC| Commentary Economy

The latest Markit Business Outlook survey showed that sentiment amongst Eurozone business has dropped to the lowest since the end of 2014. The survey was carried out in the month of June, with most of the responses taken...

New Zealand bond yields close modestly higher as food prices rebound in June

Jul 13, 2016 06:25 am UTC| Commentary

The New Zealand government bond yields ended lower on Wednesday after the data showed that countrys food prices rose in June, led by seasonal gains in vegetables. Also, investors cheered the end of political roadblocks in...