New Zealand bonds close higher as Brexit poll fuels fear among investors
Jun 17, 2016 06:59 am UTC| Commentary
The New Zealand government bonds closed higher to finish off the week on Friday as investors wary ahead of Britains referendum on European Union membership, scheduled to take place on 23rd June. The yield on the...
Jun 17, 2016 06:59 am UTC| Commentary
After six days of consecutive decline, global benchmark Brent crude is up today but does that mean selloffs are over? Probably not. Fear has taken a grip on the market and we expect that it will continue to rule heading...
NZ consumer confidence recovers on renewed household sentiments
Jun 17, 2016 06:59 am UTC| Commentary
New Zealands consumer confidence rebounded in June on support from strong household sentiments amid an improving labor market and strong growth in housing prices. Also, appreciation in the New Zealand dollar improved...
Japan’s monthly report keeps economic outlook steady, warns of weak inflation
Jun 17, 2016 06:29 am UTC| Commentary Central Banks
Japans monthly report held economic outlook stable, while warning of weak consumer prices to continue in the near term. The report revealed doubts over the policymakers three-year effort to stabilize...
Japanese bonds plunge on higher risk appetite
Jun 17, 2016 06:17 am UTC| Commentary
The Japanese government bonds plunged Friday as investors cooled on safe-haven instruments amid gains in riskier assets including crude oil and equities. The yield on the benchmark 10-year bonds, which moves inversely...
Australian economy continues to be on strong footing
Jun 17, 2016 06:09 am UTC| Commentary Economy
This weeks data for the Australian economy further gave evidence that the economy continues to be strong. Business conditions continued to be high, while employment in the country rose. This is expected to have added to...
Briferendum Series: Death supports sterling
Jun 17, 2016 05:53 am UTC| Commentary
Just when you thought it couldnt get uglier, ajaw-dropping event takes place. That is the situation in the UK and with the sterling. Yesterday, after reaching 1.4 against the dollar, sterling rose sharply and within...
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