Denmark’s inflation remains zero in April, likely to accelerate higher in coming months
May 10, 2016 09:26 am UTC| Commentary
In April, Denmarks inflation gauged month-on-month and year-on-year remained unchanged from Marchs figure. Danish inflation continues to be zero for the second consecutive month and is just a little more than the...
German bunds flat on mixed economic data
May 10, 2016 09:23 am UTC| Commentary
The German bunds were trading nearly flat on Tuesday as mixed economic data did nothing to assuage concerns about economic growth, keeping 10-year sovereign bonds well below 0.15 pct marks for the first time in three...
Greek bonds gain to record since 2015 after EU debt reliefs
May 10, 2016 08:47 am UTC| Commentary
The Greek government bonds rallied on Tuesday after Euro zone finance ministers offered debt relief to the cash-strapped country from 2018. The yield on the benchmark 10-year bonds, which moves inversely to its price fell...
Brazil’s economy to contract again in 2016, rebounding growth conditions to show up in 2017
May 10, 2016 08:38 am UTC| Commentary
In 2015, the Brazilian economy shrank 3.8%. The nations economy continues to be in recession. Brazils industrial output fell 8% last year and is expected to shrink further this year, although at a slower rate, noted...
Mexico’s inflation trend weak, USD/MXN to trade around 17.50 in coming months
May 10, 2016 08:17 am UTC| Commentary
Mexicos CPI dropped 0.32% m/m in April, whereas the annual rate came in at 2.54%. Aprils print came in a tad lower than projections, suggesting that the nations inflation trends are not strong in spite of the Mexican pesos...
U.S. Presidential Election Series: London’s Khan takes on Trump
May 10, 2016 08:16 am UTC| Commentary
Sadiq Khan, who was elected as the new London mayor from Labour party, after eight years reign by conservative candidate Boris Johnson and defeating conservative candidate Billionaire Zac Goldsmith. In an interview with...
S. Korean bonds flat ahead of BoK’s policy decision, likely to rally on easing expectations
May 10, 2016 08:12 am UTC| Commentary
The South Korean bonds closed flat Tuesday as investors await up-coming monetary policy decision due on Friday. The 10-year bonds yield, which is inversely propositional to bond price stood unchanged at 1.767 pct and...