U.K Gilts slump as Bank of England stands pat on Monetary Policy
Apr 14, 2016 12:12 pm UTC| Commentary
The United Kingdom Gilts plunged on Thursday as Bank of England maintained its key policy rate at record low of 0.5 pct and BoE has also chosen not to expand its quantitative easing programme beyond its current level of...
AUD likely to depreciate almost 4% against USD in 2016
Apr 14, 2016 11:35 am UTC| Commentary
Since the AUD bottomed out against the USD in mid-January, it has strengthened by more than 10%, reversing some of its losses. However, a prolonged decline in Australias main export commodity prices and investor worries...
Singapore’s economic outlook to remain weak for coming months
Apr 14, 2016 11:08 am UTC| Commentary
Growth outlook for Singapores economy will continue to be weak for the coming six to nine months, noted DBS Bank. According to the advance GDP estimates, Singaporean economic growth was flat in the first quarter of 2016....
FxWirePro: Hedge GBP/CAD as sterling likely to weaken against loonie- BoE to maintain status quo
Apr 14, 2016 10:54 am UTC| Commentary
In fact the BoC might have lowered its outlook thus no doubt causing speculation about a further easing of monetary policy. The stronger CAD can easily be explained with the rise of the oil price since the beginning of...
European bonds sag as economies escape deflation fear
Apr 14, 2016 10:35 am UTC| Commentary
The European bond prices edged lower on Thursday after reading firm March Eurozone consumer price figures. Also, Eurozone bonds prices recline after overblown week of bond issuances. The benchmark German 10-year bonds...
Increasing oil prices to provide sustained support to CAD, USD/CAD to trade at 1.30 by end-2016
Apr 14, 2016 10:27 am UTC| Commentary
Recently USD/CAD has been trading between 1.28 and 1.33. The changing US officials tone has influenced the USD/CAD pair. US Fed Chair Janet Yellen has been dovish as compared to other members who have been more upbeat....
German Bunds slump on firm Eurozone inflation figures
Apr 14, 2016 09:57 am UTC| Commentary
The German bonds plunged on Thursday after Eurozone March inflation data showed that the economies escaped from the deflation phase. The yield on the benchmark 10-year bunds, which moves inversely to its price, moved...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects