Kristine Forbes not in favor of blaming Brexit for weakness
May 20, 2016 10:08 am UTC| Commentary
UK economy just grew 0.4% in first quarter of 2016, compared to 0.6% in the previous one but Kristine Forbes, member of monetary policy committee (MPC) of Bank of England, is not ready to blame next months referendum to...
European bonds mixed in quiet trade
May 20, 2016 09:49 am UTC| Commentary
The European bonds trade mixed on Friday as investors receives no more important data or events for the direction on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in...
Structural changes in Australia from mining sector to other sectors progressing
May 20, 2016 09:49 am UTC| Commentary
There is a progress in the structural changes from the mining sector to other sectors in Australia. The Australian economy was underpinned by a weaker AUD and the expansionary monetary policy that boosted domestic...
Philippines investment posts 5-year jump on rise in private consumption
May 20, 2016 09:29 am UTC| Commentary
Philippines investment growth posted highest jump in five years on surge in private consumption, which rose to three-year high. As a consequence, gross domestic figure turned out robust, raising hopes of further upswing in...
Corporate defaults reach 72, highest YTD since 2009
May 20, 2016 09:14 am UTC| Commentary Economy
According to latest data from Standard Poor rating agency, global corporate defaults have reached 70, so far this year, fastest pace of rise since 2009, aftermath of great recession. Data is of May 18th, 2016. After 2009,...
German bunds flat in thin trade
May 20, 2016 09:07 am UTC| Commentary
The German bunds traded flat on Friday, succumbing to thin trading activity as market receives no more important data or events on the last day. On the contrary, future course in bond prices are likely to be ruled by the...
Bank of Canada likely to remain dovish, CAD to remain at low levels for time being
May 20, 2016 09:05 am UTC| Commentary
Canada is due to release its inflation report for April today, followed by the central banks decision next week. The Bank of Canada is quite calm as the inflation of 1.3% is consistent with the central banks target rate,...
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