RBA minutes provide few hints regarding future policy direction
Jun 21, 2016 10:06 am UTC| Insights & Views Central Banks Commentary Economy
The Reserve Bank of Australia on Tuesday released minutes of the June board meetingwhen it held the cash rate at 1.75 percent. The minutes showed the RBA remains relatively upbeat about growth and employment at the same...
China likely to recover moderately on upbeat housing, exports
Jun 21, 2016 09:59 am UTC| Commentary Economy Real Estate
The Chinese economy is expected to continue its trend of moderate recovery over the coming quarters as a strong housing market coupled with a gradual growth in exports, is likely to help bolster the ailing economy. This...
UK gilts sink as recent polls show declining support for Brexit
Jun 21, 2016 09:41 am UTC| Commentary
The UK gilts continue to trade lower on Tuesday after new polling data showed ebbing support for Brexit at this weeks UK EU membership referendum. The yield on the benchmark 10-year gilts rose 1 basis point to 1.249...
Hungarian National Bank likely to keep interest rates unchanged
Jun 21, 2016 09:32 am UTC| Commentary Central Banks
The Hungarian National Bank (MNB) is expected to keep its interest rates on hold at 0.9 percent during its meeting on Tuesday, said Societe Generale in a research report. Also, the Council is likely to keep the interest...
Jun 21, 2016 09:28 am UTC| Central Banks Commentary
Less than two days before the referendum on UK membership of the EU leaves us even more hostage to fortune than usual, but we expect to see sterling lower by the end of 2016, regardless of the outcome. The UK economy...
Thailand auto sales witness highest growth in three years
Jun 21, 2016 09:23 am UTC| Economy Commentary
Thailands auto sales for the month of May surged to its highest level in three years, encouraged by government measures to boost spending and state investment in infrastructure projects, providing an encouraging sign for...
German bonds steady as investors await Yellen’s testimony
Jun 21, 2016 09:17 am UTC| Commentary
The German government bonds traded nearly flat on Tuesday as investors await Federal Reserve chair Janet Yellens testimony to lawmakers and Britains EU membership vote later this week. The yield on the benchmark 10-year...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects