Chile’s economic activity remains weak; economy to expand between 1.25 pct and 2 pct in 2016
Jun 20, 2016 09:34 am UTC| Commentary Economy
Chiles economic performance is below its potential. Overall, the countrys economic activity continues to be weak. According to the latest data, Chiles real GDP grew 1.7 percent in Q1. This shows a still active phase of...
Poland’s retail sales and industrial output data soften in May; keeps door open for rate cuts
Jun 20, 2016 09:11 am UTC| Commentary Economy Central Banks
Polands retail sales and industrial output data for May came in below expectations. In seasonally adjusted terms, industrial output declined 0.9 percent on sequential basis as compared with the 2.4 percent month-on-month...
German bund sags amid fading Brexit angst
Jun 20, 2016 09:10 am UTC| Commentary
The German bunds slumped on Monday as the chances of Britain leaving the EU were seen receding after the latest polls by various corporate bodies in the United Kingdom in run-up to the June 23 Brexit referendum indicated...
Briferendum Series: Sterling rises as polls and betting odds reverse course
Jun 20, 2016 08:44 am UTC| Commentary
Risk affinity has helped global markets today, where equities are flying across the globe and British sterling is up more than 2 percent against Dollar. Several polls over the weekend have suggested that public mood may...
Indian bonds plunge after RBI Governor Rajan declines second term
Jun 20, 2016 08:42 am UTC| Commentary
The Indian government bonds plunged on Monday after Reserve Bank of Indias Governor Governor Raghuram told the RBI staff that he will return to academia after his term with the RBI ends on 4th September, denting investors...
NZ Westpac consumer confidence falls on dwindling economic outlook
Jun 20, 2016 07:38 am UTC| Commentary
New Zealands Westpac consumer confidence during the second quarter fell as households became increasingly impatient and worried over the dwindling global economic outlook. Further, concerns over the Brexit referendum have...
Long-term JGBs slump as investors’ risk sentiment improves
Jun 20, 2016 07:17 am UTC| Commentary
The Japanese long-term bonds plunged Monday as risk appetites were strengthened after the latest polls showed that the Remain camp gained a narrow lead. Also rallying crude oil prices and firm equities drove-out investors...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects