UK 10-year gilt touches 1.30 pct mark for the first time in two weeks on Bremain hopes

Jun 22, 2016 09:35 am UTC| Commentary

The UK 10-year gilt yield climbed to 1.30 percent mark for the first time in two weeks, which we expect to stay ahead of the referendum outcome. Also, the Gilt/Bund yield spread has widened to nearly 125 basis points...

Bank of Thailand stays pat on uncertainty over Brexit referendum

Jun 22, 2016 09:14 am UTC| Central Banks Commentary Economy

The Bank of Thailand in its monetary policy meeting held today, maintained status quo, on rising uncertainty over Thursdays Brexit referendum. Further, global financial markets remain choppy ahead of Britains election to...

German bonds trade flat as investors eye Brexit results

Jun 22, 2016 09:07 am UTC| Commentary

The German bunds were little changed during a relatively quiet session on Wednesday as investors await the Brexit vote on Thursday. Also, we expect it to trade in a range bound ahead of the referendum outcome. The yield...

ECB’s free money stimulus begins today

Jun 22, 2016 08:40 am UTC| Commentary Central Banks

In March European Central Bank (ECB) launched a package of stimulus measures, some of which has already kicked in such as anincrease in asset purchases and buying of corporate bonds and today, another measure, free money...

Indian bonds rise modestly on PSB buying ahead of Brexit vote

Jun 22, 2016 08:37 am UTC| Commentary

The Indian government bonds traded modestly firmer on Wednesday as public sector banks (PSBs) continue buying sovereign bonds ahead of Britains vote on European Union membership scheduled to begin early morning London...

Taiwan unemployment dips in May, edges higher on year

Jun 22, 2016 08:33 am UTC| Commentary

Taiwans unemployment rate dropped in May, while edging higher on a year-on-year basis as the number of first-time job seekers dropped due to closure of business and termination of 1,000 temporary or seasonal...

SARB remains in dilemma between high inflation levels and weak real economy

Jun 22, 2016 08:20 am UTC| Commentary Economy

The South African Reserve Bank (SARB) temporarily halted its rate hiking cycle in mid-May. However, it stated that it is in dilemma between high levels of inflation and a sluggish real economy. The economic scenario has...