Malaysia’s exports rise faster in April; yet short of expectations
Jun 03, 2016 11:11 am UTC| Commentary
Malaysias exports rose at a faster rate in April than in March, albeit falling behind market expectations, due to rise in electrical and electronics shipments, official figures showed Friday. However, the figures failed...
Jun 03, 2016 11:10 am UTC| Commentary
Today NFP report is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics....
ECB may extend QE purchases beyond March 2017; inflation to significantly accelerate from June
Jun 03, 2016 11:09 am UTC| Commentary
The European Central Bank, as widely expected, kept all its policy rates on hold yesterday. ECB President Mario Draghi reiterated that the QE purchases will continue until the end of March 2017 or beyond, if necessary....
May PMI reports pose doubts on stimulus success
Jun 03, 2016 10:48 am UTC| Commentary
Lets just check the facts, which are statements in their own way. We will be looking at facts this year, which started with a big financial turmoil due to Chinas weakness. Later that weakness subsided and commodities in...
European bonds rise as investors remain cautious ahead of US employment data
Jun 03, 2016 10:33 am UTC| Commentary
The Eurozone government bonds traded modestly firmer on Friday as investors were wary of making big moves ahead of US jobs report, which could offer hints about the pace of Fed interest-rate hike. Also, slowdown in Chinese...
Finnish economic growth exceeds flash estimate in Q1 2016
Jun 03, 2016 10:26 am UTC| Commentary
Statistics Finland today released the preliminary data of Finlands GDP for the first quarter of 2016. The Finnish economy grew 0.6% on a sequential basis, above the flash estimate of 0.4% growth. Moreover, the GDP growth...
Yen topples Brazilian Real as best performer YTD
Jun 03, 2016 10:19 am UTC| Commentary
Yen is up against Dollar, for fourth consecutive day and it is standing as best performer so far this year. After losing its crown for a brief period, is back proving that 2016 is the year of the Yen. It retreated to trade...