German service sector remains muted in June on weakness in business, output
Jun 23, 2016 09:14 am UTC| Economy Commentary
Services in Germany remained muted in the month of June on prevailing weakness in business and output, as humming factories in the private sector failed to take up pace, but the index remained stable suggesting Europes...
Saudi Arabia’s new oil minister indicates return to balancing act
Jun 23, 2016 09:06 am UTC| Commentary
Saudi Arabias new oil minister Khalid al- Falih, who replace two-decade old veteran Ali al-Naimi speaking to Houston Chronicle during his visit to the United States has indicated that worlds largest oil exporter may once...
Brazilian current account balance likely to have improved further in May
Jun 23, 2016 09:00 am UTC| Commentary Economy
Brazils current account balance is likely to have improved further in May, turning into surplu. The country is expected to have recorded a surplus of USD 1904 million in May as compared with the deficit of USD 3384 million...
France’s private sector output falls in June
Jun 23, 2016 08:57 am UTC| Commentary Economy
The French private sector output is expected to have declined for the first time in four month in June, based on the recent flash PMI data for France. The Markit Flash France Composite Output Index fell 49.4 in June from...
Briferendum Series: Overnight sterling IV touches 106 percent
Jun 23, 2016 08:32 am UTC| Commentary
If anything is crazy, it is this. As the polls open on Thursday, overnight implied volatility known as acost to protect against pound/dollar volatility has surged above 106 percent. This is an all-time record, unlikely to...
Briferendum Series: Bookmaker William Hill sees success for the ‘Remain’
Jun 23, 2016 07:30 am UTC| Commentary Politics
UKs largest bookmaker William Hill has published its latest offering odds at 2/9 on the UK referendum on membership in the European Union. This basically means that bookmaker is pricing 81 percent chance that theUK will...
Indian bonds little changed as investors await EU referendum outcome
Jun 23, 2016 07:24 am UTC| Commentary
The Indian government bonds were little changed on Thursday, with traders focusing on Thursdays referendum on whether Britain will remain part of the European Union. Also, the yield on the benchmark 7.59 percent bond...
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