Slowing investment and private consumption to weigh on UK's economic growth
Feb 25, 2016 16:33 pm UTC| Commentary
UKs second Q4 15 GDP estimate came in unrevised at 0.5% q/q (1.9% y/y), in line with consensus expectation. Headline growth remains driven primarily by private consumption (0.7% q/q, +0.4pp contrib.). Government spending...
Are we seeing a turn around in Hong Kong's property market?
Feb 25, 2016 16:14 pm UTC| Commentary
Centa-City Leading Index (CCL), an indicator to reflect secondary private residential property price, showed that Hong Kongs property prices have dropped by 11% from the peak level seen in Q3 2015. Data clearly shows the...
Poland's treasury has completed nearly 40% of its 2016 borrowing plan
Feb 25, 2016 14:33 pm UTC| Commentary
Controversial policies being rolled out by Polands new PiS government are causing various headwinds for Polish assets this year. But Finance Ministrys guidance yesterday regarding 2016 borrowing plan is definitely...
UK’s domestic demand continues to drive economic growth
Feb 25, 2016 12:25 pm UTC| Commentary
UKs 2015 GDP estimate for the fourth quarter was unrevised at 0.5% q/q and 1.9% y/y, in line with market consensus because of upward revision in services output at 0.04pp from the preliminary estimate.Growth in headline...
The Definitive Guide to Buying Gold Bars
Feb 25, 2016 12:06 pm UTC| Commentary
Once you have made the decision to diversify into a hard asset, the first decision becomes which form of gold should I own, Bullion Bar or Coins? All precious metals have a myriad of costs that are associated with their...
Decline in U.S. crude oil production likely to continue
Feb 25, 2016 11:59 am UTC| Commentary
Oil prices continue to remain volatile as Brent and WTI were down by more than 3% before oil prices increased in the afternoon session. Brent rose by $2 from its daily low and trades around $34.2 per barrel, while WTI...
Gold hovers at $1235 levels, demand likely to remain boosted
Feb 25, 2016 11:21 am UTC| Commentary
Gold advanced by 2% to over $1,250 per troy ounce yesterday amid high risk aversion among market participants. Gold in terms of euro rose by 2% to 1,135 per troy ounce, recording a new ten-month high. The gold price...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects