German factory orders remain flat in May as demand declines

Jul 06, 2016 07:30 am UTC| Commentary Economy

German factory orders in May failed to strike a ray of hope as rising global uncertainty deterred demand for goods. Orders, adjusted for seasonal swings and inflation, were unchanged from April, when they fell a revised...

French industrial production likely to have declined in May

Jul 06, 2016 07:28 am UTC| Commentary Economy

Frances industrial output is likely to have declined in May after recovering in April. Given the industrial action in May, some of Aprils improvement is expected to have reversed. According to a Societe Generale research...

Germany’s manufacturing production likely drove industrial output in May; exports to have grown 0.5 pct

Jul 06, 2016 06:30 am UTC| Commentary Economy

Germanys industrial production is expected to have remained muted in the second quarter, following a strongbeginning to 2016. In a Societe Generales research report, industrial production in the country is likely to have...

Hong Kong PMI falls for 16th straight month in June

Jul 06, 2016 06:28 am UTC| Commentary Economy

Hong Kongs Purchasing Managers Index (PMI) fell for the 16th straight month in a row during the month of June that indicated a sharp deterioration in the countrys private sector economy, following the Brexit reality that...

Japanese bonds rally after US Treasury yields hit record low

Jul 06, 2016 06:23 am UTC| Commentary

The Japanese government bonds rallied on Wednesday as overnight fall in US Treasury yields has large positive impact on JGBs. The yield on the benchmark 10-year bonds, which moves inversely to its price fell 3 basis points...

Briferendum Aftermath Series

Briferendum Aftermath Series: Theresa May wins the first round of Tory leadership election

Jul 06, 2016 06:11 am UTC| Commentary

As expected, thehome secretary, Theresa May won the first round of Tory leadership election and that with huge margins. May won the backing of 165 members of the Parliament (MPs). Her biggest rival, Andrea Leadsom who was...

Hungarian economic growth to slow in 2016; EUR/HUF likely to face mild upward pressure

Jul 06, 2016 06:04 am UTC| Commentary

The momentum of Hungarian economic growth is likely to slowin 2016, following a strong expansion of 3 percent last year. The Hungarian economy will be impacted by the waning of the regional auto industry boom, pausing of...