Briferendum Series: Secret plan B for Brexit
May 27, 2016 11:04 am UTC| Commentary
According to reporting by Financial Times, European leaders are secretly drawing up their plan B, in the event of British exit from the Union. According to FT, leaders of European Union and their key aides have met...
Australia Q1 GDP likely to rise on solid housing sector, strong consumer spending
May 27, 2016 10:57 am UTC| Commentary
Australia first quarter gross domestic product is likely to rise, following solid growth in housing sector and a strong recovery in consumer spending. However, sluggishness in business investment is unlikely to outweigh...
European bonds rally after U.S. data dampens Fed rate hike bets
May 27, 2016 09:47 am UTC| Commentary
The European bonds rallied on Friday as investors poured into safe-haven instruments after reading this weeks weaker-than-expected data and Britains upcoming EU referendum which lowered the chances of an interest rate rise...
Hong Kong holds a cautious growth outlook on increasing debt levels
May 27, 2016 09:41 am UTC| Commentary
Hong Kong growth outlook remains cautious as debt levels keep on increasing, raising concerns over the banks asset quality. The countrys debt levels have surged to mounting highs, reaching one of the highest in...
German bunds climb on weak risk sentiments
May 27, 2016 08:51 am UTC| Commentary
The German bunds climbed on Friday as investors poured into safe-haven instruments amid losses in riskier assets including crude oil and stocks. Also, investors were cautious ahead of Federal Reserve Chair Janet Yellens...
Japan's growth in first quarter fails to tame deflation
May 27, 2016 08:39 am UTC| Commentary
Latest data show Japanese economy still lurking in deflation, despite much better than expected, 1.7% annualized growth in first quarter. Many had predicted Japans economy to contract in the first. Bank of Japans...
Japan headline inflation worsens on drop in energy, goods prices
May 27, 2016 07:32 am UTC| Commentary
Japan April headline inflation fell for a second straight month, worsening further on decline in oil as well as goods prices. A depressed services sector also added to the downfall. Headline inflation fell further to...