U.S. Election Series: Why Trump can win the Presidency?
May 17, 2016 09:45 am UTC| Commentary Politics
Dumbfounding many political pundits and proving many more wrong, Donald Trump has emerged as presumptive Republican nominee for the race to the White House. As of now betting markets are predicting with more than 60%...
Japan Q1 growth seen marginally up, although at a slower pace
May 17, 2016 09:27 am UTC| Commentary
Japan first quarter gross domestic product, due to be released tomorrow, is expected to move marginally up, at 0.5 pct on quarter. However, this would not be sufficient to offset the more than a percent contraction in the...
May 17, 2016 09:09 am UTC| Commentary Central Banks
The Reserve Bank of Australias meeting minutes focused on the central banks lowering of inflation outlook. The minutes emphasise the central banks scepticism regarding the outlook of inflation and its worries about the...
German bunds slump as crude oil hits 6-month high
May 17, 2016 09:03 am UTC| Commentary
The German bunds plunged on Tuesday as investors cooled on safe-haven assets amid gains in crude oil and equities. The yield on the benchmark 10-year bonds, which moves inversely to its price rose 2bps to 0.167 pct and the...
US mortgage rates decline despite rising home sales; mortgage applications up
May 17, 2016 08:58 am UTC| Commentary Real Estate Economy
The United States mortgage rates have gone down in the past despite rising demand for home loans. Mortgage rates are at a historic low of 2.69 pct for a 15-year fixed rate loan, the lowest since the WWII. Mortgage...
Why should oil bulls be cautious?
May 17, 2016 08:42 am UTC| Commentary
Production drop in United States to 8.8 million barrels/day, close to 1.8 million per day production drop in Canada due to wildfire and outages in countries like Libya, Nigeria is fuelling the rise in oil prices. WTI is...
UK jobless rate likely increased in April
May 17, 2016 08:35 am UTC| Commentary Economy
Since December 2011, the UK LFS jobless rate has been declining due to weak productivity and growth revival. However, growth in employment has decelerated in recent months. In March, the claimant count increased,...
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What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects