Brazilian economy unlikely to expand in near term; to remain in recession throughout 2016

Jul 12, 2016 07:24 am UTC| Commentary Economy

The Brazilian economy is not expected to expand in the near term and is likely to keep shrinking throughout 2016, noted Societe Generale in a research report. In the first quarter of 2016, the Brazilian economic activity...

New Zealand bonds close lower as benchmark stock index hits record intraday levels

Jul 12, 2016 07:10 am UTC| Commentary

The New Zealand government bonds ended lower on Tuesday after the benchmark stock index nudged further into record territory. Also, investors cheered the end of political roadblocks in Britain. The yield on benchmark...

Briferendum Aftermath Series

Briferendum Aftermath Series: Key post-Brexit issues related to immigration

Jul 12, 2016 07:08 am UTC| Commentary

One of the key slogan for the exit campaigners has been to take control of the borders and key issue has been immigration. According to Prime Minister David Cameron, who is about to resign tomorrow the referendum to stay...

China’s foreign trade likely to have remained depressed in June

Jul 12, 2016 06:54 am UTC| Commentary Economy

Chinas foreign trade is likely to have remained depressed in June. According to the latest trade reports from Taiwan and South Korea, some recovery signs were seen in Asias electronics supply chain. But Chinas...

Japanese bonds slump after stocks soar on hopes of fresh stimulus

Jul 12, 2016 06:45 am UTC| Commentary

The Japanese government bonds slumped as stocks continue to gain for a second straight day on Tuesday due to weaker yen and expectations for fiscal stimulus. The yield on the benchmark 10-year bonds, which moves...

CFETS RMB Index likely to drop further in coming weeks to attain RMB REER stability

Jul 12, 2016 06:37 am UTC| Commentary

Chinas consumer price index inflation decelerated in June to 1.9 percent from 2 percent in May, exceeding market projection of 1.8 percent. But the deadly floods across the nation is likely to accelerate food prices in the...

Briferendum Aftermath Series

Briferendum Aftermath Series: Post-Brexit relationship options for UK part 2

Jul 12, 2016 06:17 am UTC| Commentary

The United Kingdoms second female Prime Minister Theresa May will assume office on Wednesday after the resignation of Prime Minister David Cameron and she has vowed to make British exit from the European Union a success...