US Presidential Election Series: Second runners top Wisconsin primary
Apr 06, 2016 05:45 am UTC| Commentary
In both democratic and Republican side, second runners won big in Tuesdays primary at Wisconsin, pointing that US nomination race being far from over. Democratic Party race Second runner Bernie Sanders secured a win...
Australian bonds rally on global growth concerns
Apr 06, 2016 05:27 am UTC| Commentary
The Australian bonds rallied on Wednesday as Western investors pour into safe-haven assets amid deepening global growth fears. The benchmark 10-year bonds yield, which is inversely propositional to bond price fell 0.81 pct...
Canada’s net trade to contribute positively to overall growth in Q1
Apr 06, 2016 05:25 am UTC| Commentary
In February, Canadas exports declined 5.4%, surpassing the 2.6% fall in imports, widening the trade deficit to USD 1.9 billion in the month from Januarys USD 628 million. Prices were mainly responsible for the pullback in...
Guide to today’s important data and events
Apr 06, 2016 04:15 am UTC| Commentary
Not many economic dockets scheduled for today but some with high risks associated. Data released so far China Caixin services PMI for March came at 52.2, compared to 51.2 Upcoming ...
Asian markets trading on a mix note, Gold hovers around $1230
Apr 06, 2016 03:20 am UTC| Commentary
All the major Asian markets are trading on a mix note on Wednesday after two Central banks declared their interest rate decision on Tuesday. RBA decided to keep the cash rate on hold at a record-low 2.0% while RBI cut...

Gloomy NZIER survey increases the risk of RBNZ OCR cut in April
Apr 05, 2016 16:00 pm UTC| Commentary Central Banks
New Zealand Institute of Economic Research (NZIER) Survey of Business Opinion was released earlier today. Data showed business confidence dropped in the first quarter of 2016, with a net 1% of businesses expecting a...
Rate of expansion in eurozone services sector business activity moderates further in March
Apr 05, 2016 15:09 pm UTC| Commentary
The final Eurozone Services Business Activity Index posted 53.1 in March, down further from Decembers 54.2. The headline index was also below its earlier flash estimate of 54.0. France and Italy together explained 0.7...