Oil price decline likely to bring US inflation's expectations to lowest level since 2008-09 crisis
Jun 17, 2016 09:59 am UTC| Commentary Central Banks
Inflation expectation is the United States as measured by 5year-5 year (5y-5y) forward inflation expectation rate is reaching for the bottom it made in February. The forward inflation expectations dropped to 1.42 percent...
Private consumption likely to drive US economy in 2016
Jun 17, 2016 09:59 am UTC| Commentary
In the first quarter, the US economy slowed again at an annualized rate of 0.7 percent q/q. In the past two years, slowdown in the U.S. economy during the first quarter was attributed to severe winters; however, the winter...
Malaysia’s Q1 investments record RM37.3 bln in first quarter
Jun 17, 2016 09:52 am UTC| Commentary
Malaysias first quarter approved investments in services, manufacturing and primary sectors recorded RM37.3 billion in the first quarter, which if implemented properly, will create 39,990 jobs in the country. The...
Jun 17, 2016 09:42 am UTC| Commentary
Brexit polls have been notoriously volatile. Before last week, thestay camp appeared to have gained traction. In a dramatic turnaround since May, some 53% now want to leave and 47% want to stay, amajority of Brits now want...
South Korean economy to slow to 2.8 pct this year on account of subdued trade
Jun 17, 2016 09:27 am UTC| Commentary
In the first quarter, the South Korean economy slowed to 2.8 percent y/y from 3.1 percent in the last quarter of 2015. The economy, on a seasonally adjusted basis, grew 0.5 percent in the first quarter, as compared with...
UK gilts plunge as Cox murder halts Brexit drive
Jun 17, 2016 09:22 am UTC| Commentary
The UK gilts plunged Friday as fears about a Brexit diminished following the killing of a U.K. politician Jo Cox. Also, rising crude oil prices and firm equities drove-out investors from fixed income securities. The...
Jun 17, 2016 09:17 am UTC| Commentary
The yen recovery is probably not over yet and USD/JPY upside is likely to be delayed until later in H2, as neither a sudden acceleration in the Fed tightening path nor imminent BoJ action seem very likely. After losing...
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