U.S. Presidential Election Series: With Cruz out, it’s time for unity
May 04, 2016 06:19 am UTC| Commentary
Biggest news in U.S. election 2016 has been Republican second runner Ted Cruzs departure from the race. After terrible disappointment in Indiana, where Donald Trump is on his way to win almost every seats, Cruz announced...
U.S. Presidential Election Series: Trump sweeps Indiana, Sanders beat Hillary
May 04, 2016 06:15 am UTC| Commentary
Republican front runner, Donald Trump once again proved that his campaign has found real momentum, more so from mid-April and gathered further pace when he won sweeping victories in five North East States. He won...
New Zealand bonds rise modestly on high unemployment rate, weak dairy auction
May 04, 2016 06:13 am UTC| Commentary
The New Zealand bonds closed modestly firmer on Wednesday after data showed that unemployment rate increased more-than-expected in the first quarter of 2016. Also, 1.4 pct decline in the Fonterras Global Dairy Trade...
Australian bonds rally on RBA rate cut, weak crude
May 04, 2016 05:34 am UTC| Commentary
The Australian bonds rallied Wednesday for two consecutive days as investors pour into safe-haven assets after Reserve Bank of Australia lowered its interest rate by 25 bps to historic low of 1.75 pct. Also, tumbling crude...
Guide to today’s important data and events
May 04, 2016 05:19 am UTC| Commentary
Lots of economic dockets scheduled for today but some with high risks associated. Data released so far New Zealand ANZ commodity prices declined -0.8% in April. Upcoming France ...
Asian markets in red as PBOC devalued Yuan, Gold back below $1290
May 04, 2016 03:36 am UTC| Commentary
All the major Asian indices are trading on a lower note on Wednesday as PBOC set the Yuan reference rate at 6.4943 on Wednesday compared with 6.4565 a day earlier, showing a currency devaluation of around 0.55% - the major...
Czech government fails to reach agreement on budget framework, postpones decision
May 03, 2016 15:33 pm UTC| Commentary
The Czech state budget has been in a huge surplus this year. Budget balance for the first four months of 2016 has reached the biggest cumulative surplus since 1993. According to figures released by the Ministry of Finance...