ECB delays policy easing on lack of bond-buying pressure

Jul 21, 2016 13:07 pm UTC| Commentary Central Banks

The European Central Bank remained on hold at its monetary policy meeting held Thursday, slightly delaying its decision to ease interest rates, against thebackdrop of lacking bond-buying pressure in the central banks asset...

Canadian bonds plunge on higher wholesale trade; weak oil limits growth of yield

Jul 21, 2016 13:05 pm UTC| Commentary

The Canadian government bonds plunged on Thursday after reading higher-than-expected May wholesale trade data. On the contrary, weak crude oil prices limited the growth in bond yields. The yield on the benchmark 10-year...

US Treasuries slump as lower jobless claims hint at economic strength

Jul 21, 2016 12:48 pm UTC| Commentary

The US Treasuries witnessed selling across the curve on Thursday after joblessclaims data surprisingly declined to three-month low in the week ended July 16. Also, a sustained low level of jobless claims indicates...

Bank Indonesia keeps its benchmark rate on hold in July policy meet

Jul 21, 2016 12:35 pm UTC| Commentary Central Banks

The Board of Governors of Bank Indonesia on Thursday decided to keep the BI Rate on hold at 6.5 percent. The central bank also kept the deposit facility and lending facility rates unchanged at 4.5 percent and 7 percent...

Briferendum Aftermath Series

Briferendum Aftermath Series: France and Ireland jointly call for quick trigger of Article 50

Jul 21, 2016 12:04 pm UTC| Commentary

At a joint press conference in Dublin, the Taoiseach of Ireland Enda Kenny and French president Francois Hollande urged British Prime Minister Theresa May for a quick trigger of the Article 50 exit clause which would...

Euro area’s July flash PMIs to show extent of Brexit shock on currency bloc

Jul 21, 2016 11:55 am UTC| Commentary

The flash PMIs for the month of July for the euro zone would provide a likely picture regarding the effect of the Brexit shock on the currency bloc. For the June release, nearly all of the survey replies were taken prior...

Chinese monetary policy seems less effective at boosting growth, says ANZ

Jul 21, 2016 11:53 am UTC| Commentary Economy

Chinas monetary policy has become less effective in boosting the nationsgrowth prospects, even though the country remains behind Japan in falling into the liquidity trap in a Japanese fashion, ANZ reported. The worlds...