How vanishing debt costs helped the UK forget about a never-ending deficit
Aug 31, 2017 14:53 pm UTC| Insights & Views Economy
When the UK government found 1 billion to for Northern Ireland to secure Democratic Unionist parliamentary support, critics accused it of turning to the same magic money tree it had previously mocked others for believing...
US personal consumption expenditure preview
Aug 31, 2017 11:42 am UTC| Commentary Economy
Personal consumption, income data along with PCE price index would be released from the US at 12:30 GMT for the month of July. Why it matters? Personal consumption and income data provide information on consumer...
Strong Chinese manufacturing PMI poses upside risk to Q2 GDP, says ANZ Research
Aug 31, 2017 11:11 am UTC| Commentary Economy
Chinas Purchasing Managers Index (PMI) posted solid gains for the month of August following a rebound in new orders and as the effects of unfavorable weather conditions in previous months faded away. The product and new...
U.S. Treasuries tad lower as investors await initial jobless claims, August employment report
Aug 31, 2017 10:54 am UTC| Commentary Economy
The U.S. Treasuries steadied as investors wait to watch the countrys initial jobless claims, scheduled to be released today by 12:30GMT. The yield on the benchmark 10-year Treasury hovered around 2.15 percent, the...
USD/CAD likely to hold support at 1.24 for some time, says Commerzbank
Aug 31, 2017 10:21 am UTC| Commentary Economy
The USD/CAD currency pair is expected to hold on to its support at 1.24 level for quite some time now, given the fact that Canada is showing good signs of growth. Moreover the CAD has appreciated by almost 10 percent...
German bonds flat after jobless rate remains unchanged in August, Eurozone August CPI adds hopes
Aug 31, 2017 09:26 am UTC| Commentary Economy
The German government bonds traded flat Thursday after the countrys unemployment rate remained unchanged in August, with the total number of jobless citizens declining, albeit lower than what markets had anticipated. Also,...

Millennials Think Automation Is Great For Jobs, Survey Says
Aug 31, 2017 07:12 am UTC| Technology Economy
While many of the older generation of workers are freaking out over potential jobless due to automation, a new survey suggests that millennials arent all that worried. In fact, it seems most of the people born in 1985 and...