Briferendum Series

Briferendum Series: All you need to know about referendum timelines

Jun 22, 2016 08:06 am UTC| Commentary

British referendum over the stay in theEuropean Union is scheduled on June 23rd but knowing just that isnt enough. For all the traders and investors it is a must know a bit more details of the timeline so they can adjust...

Credit Suisse plans to cut FTSE 100 forecast if 'Brexit' camp wins

Jun 22, 2016 07:16 am UTC| Commentary

Credit Suisse, a Swiss-based investment bank, said Wednesday it would cut its year-end forecast for the European benchmark equity index, FTSE 100, if the ongoing campaign in favor of Brexit wins votes on Thursday, marking...

National Bank of Hungary to keep policy loose; raises 2016, 2017 inflation outlook

Jun 22, 2016 07:12 am UTC| Commentary Central Banks

The Hungarian central bank, MNB, kept its policy rate on hold at 0.9 percent on Tuesday. It also kept the overnight collateralised lending rate and overnight deposit rate unchanged at 1.15 percent and -0.05 percent...

Japanese bonds nearly flat in quiet trade, eyes on UK's EU referendum

Jun 22, 2016 07:10 am UTC| Commentary

The Japanese government bonds traded nearly flat Wednesday, succumbing to thin trading activity as jittery investors looked ahead to Britains vote on European Union membership scheduled to begin early morning London time...

Uncertainty dents Australian economy, likely to trigger a rate cut

Jun 22, 2016 06:48 am UTC| Commentary Economy

The Australian economy is most susceptible to be affected by economic uncertainty that prevails in the lead-up to federal elections, according to the economic uncertainty index for Australia, developed by ANZ Research. The...

PBoC considers permitting commercial banks to participate in offshore yuan trade

Jun 22, 2016 06:31 am UTC| Commentary Central Banks

On Tuesday, the Peoples Bank of China (PBoC) mentioned that it is considering permitting onshore commercial banks to take part in offshore yuan trade. This is the central banks another action to internationalize the yuan...

New Zealand bonds close mixed on growing 'Bremain' hopes, weak Chinese manufacturing PMI

Jun 22, 2016 06:29 am UTC| Commentary

The New Zealand government bonds closed mixed on Wednesday as the recent polls showed Brexit fears among investors started to fade, boosting risk sentiments. On the contrary, investors preferred to stay risk-averse after...