New Zealand bonds close lower as Brexit concern eases
Jun 20, 2016 06:07 am UTC| Commentary
The New Zealand government bonds closed lower on Monday as campaigning over whether Britain should remain in the European Union was suspended after the killing of a UK politician Jo Cox last Thursday. The yield on the...
Guide to today’s important data and events
Jun 20, 2016 06:06 am UTC| Commentary
Few economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far Germany - Producer price index grew 0.4 percent in May but down -2.7 percent from a year...
US housing starts fall slightly in May; homebuilding activity outlook remains favorable
Jun 20, 2016 05:58 am UTC| Commentary Economy
Housing starts in the USdropped slightly by 3,000 units in May to 1,164k as compared with the consensus projections of a deeper decline to 1,150k. Meanwhile, Aprils figures were revised downward, subtracting 5,000 from the...
Canada’s May headline inflation slows on food prices
Jun 20, 2016 05:48 am UTC| Commentary Economy
Canadas inflation in the month of Mayslowed a bit to 1.5 percent year-on-year as compared with Aprils 1.7 percent year-on-year. Meanwhile, the core inflation, excluding the eight most volatile items, slowed slightly to 2.1...
Japan registers 1st trade deficit in 4 months
Jun 20, 2016 05:45 am UTC| Commentary
Japan registered its first trade deficit in four months, weighed by sluggish exports and weakness in overseas economies that led to the decline. Also, the worries over the outcome of Brexit referendumhave furtheraffected...
Australian bonds slide on firm risk appetite
Jun 20, 2016 05:25 am UTC| Commentary
The Australian government bonds slumped Monday with market sentiments remaining stronger as Brexit campaigning was suspended after the killing of a UK politician Jo Cox. Also, rallying crude oil prices and firm equities...
Asian markets start a new week on the positive note, gold falls by 1 pct to $1,279
Jun 20, 2016 03:55 am UTC| Commentary
Most Asian indices are trading on the positive note on the first working day of the week. Japanese Yen gains in early hours on the back of higher than expected trade balance data. On the other side, gold falls by 1 pct to...
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