Thailand April exports up, subdued gold exports restrict upside
May 23, 2016 08:27 am UTC| Commentary
Thailand April exports grew 0.9 pct, post eight consecutive years of decline. However, the surge was partly restricted due to contraction in gold exports during the month of February. The outlook for export growth, pose...
Fed Hike Aftermath Series: FT survey shows hike expectations still divided but growing
May 23, 2016 08:25 am UTC| Commentary Central Banks
Financial Times survey on leading 53 economists, shows that rate hike expectations have grown but economists still remain well divided over the issue. Kindly note, all numbers are squared to closest decimal...
S. Korean bonds likely to gain on weak growth forecast
May 23, 2016 08:21 am UTC| Commentary
The South Korean government bonds are likely to gain as South Koreas government is expected to lower its 2016 growth forecast to below 3 pct. Meanwhile, the 10-year bonds yield, which is inversely propositional to bond...
Key comments from Fed's Eric Rosengren
May 23, 2016 07:49 am UTC| Commentary Central Banks
Speaking with Financial Times, Boston FED chief, Eric Rosengren said according to him, U.S. economy is on the verge of meeting the criteria, required for a rate hike in June. In recent week, especially in the last one,...
France’s flash composite PMI slightly higher in May, private sector output growth accelerates
May 23, 2016 07:34 am UTC| Commentary
The Markit Flash France PMI for May was slightly higher than Aprils index. The flash PMI data hinted that growth in Frances private sector output accelerated to a seven-month high in May. However, the overall rate of...
Indonesia’s CB trims GDP projection on subdued economic growth, commodity prices disappoint
May 23, 2016 07:24 am UTC| Commentary
Bank Indonesia has revised the countrys economic growth projection for 2016, lowering its forecast of gross domestic product on subdued economic growth, low commodity prices and slightly disappointing Q1 GDP of the...
New Zealand bonds slump on Fed outlook
May 23, 2016 07:08 am UTC| Commentary
The New Zealand government bonds closed lower on Monday as hawkish comments from U.S Federal Reserve officials strengthened bets of an interest rate hike in June. The yield on the benchmark 10-year bonds which moves...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects