Emerging Market Crisis Series

South Korea finance minister and BoK governor caution against rising economic uncertainties

Jun 23, 2016 07:04 am UTC| Commentary Economy Central Banks

The finance minister of South Korea, Yoo Il-ho, mentioned on Wednesday that the economic scenario of the country is likely to deteriorate in the second half of 2016 given the volatile financial markets of China, UKs EU...

JGBs mixed as referendum voting begins in UK, polls say outcome too close to call

Jun 23, 2016 06:56 am UTC| Commentary

The Japanese government bonds traded mixed on Thursday as millions of Britons begin voting in historic EU referendum for the second time after 1975 referendum. Also, the recent polls showed the outcome of the referendum is...

U.S. durable goods orders seem to have declined in May

Jun 23, 2016 06:55 am UTC| Commentary Economy

U.S. durable goods orders are likely to have declined in May on a reversal in aircraft bookings, said Societe Generale in a research report. In the previous month, durable goods order climbed 3.4 percent in due to a sharp...

ECB reinstates Greek waiver

Jun 23, 2016 06:51 am UTC| Commentary Central Banks

European Central Bank (ECB) has reinstated the Greek waiver, which enables the countrys banks to access cheap funding from European Central Bank. Sovereign bonds with only investment grade credit ratings can access ECB...

Japan June flash manufacturing PMI drops for 4th straight month

Jun 23, 2016 06:34 am UTC| Economy Commentary

Japans flash manufacturing purchasing managers index (PMI) for the month of June, declined almost at the same pace as in the previous month, on lingering concerns over supply chain disruptions due to a massive earthquake...

Briferendum Series

Briferendum Series: Referendum voting officially begins

Jun 23, 2016 06:26 am UTC| Commentary

Referendum voting has officially begun in the United Kingdom at 6:00 GMT, about half an hour ago. Voting will continue for next 15 hours and will end at 21:00 GMT. The market is not likely to move much throughout this...

New Zealand bonds close mixed as investors await Brexit outcome

Jun 23, 2016 06:03 am UTC| Commentary

The New Zealand government bonds market closed mixed on Thursday with investors treading water as the final Brexit countdown begins. The yield on benchmark 10-year bond, which moves inversely to its price rose 1/2 basis...