New Zealand bonds close higher on disappointing retail sales data
Nov 23, 2017 04:54 am UTC| Commentary Economy
New Zealand bonds closed higher on Thursday following weaker-than-expected retail sales data for the third-quarter of this year. In addition, firmer U.S. Treasuries also supported the bonds prices. At the time of...
Brexit uncertainty clouds Britain’s economic outlook, says Bank J Safra
Nov 23, 2017 04:18 am UTC| Commentary Economy
The hovering uncertainty over Brexit is expected to cloud Britains economic outlook, according to a recent report by Bank J Safra. With a bit more than 16 months before official withdrawal from the EU, a timeline...
Australian bond yields decline tracking firmness in U.S. Treasuries
Nov 23, 2017 02:58 am UTC| Commentary Economy
Australian bonds traded a little firmeron Thursdayfollowing firmness in the U.S. Treasuries after Federal Open Market Committee toned cautious about inflation in its October 31-November 1 monetary policy meeting...
Indian economy to grow strongly in 2017, per capita income remains low
Nov 22, 2017 16:00 pm UTC| Commentary Economy
The International Monetary Fund has recently projected that India will again record one of the worlds highest economic growth rates this year. According to IMF, the Indian economy is expected to expand 6.7 percent in 2017,...
Nov 22, 2017 13:13 pm UTC| Commentary Economy
Australias headline construction work done rose strongly on a sequential basis in the third quarter. Construction work done grew 15.7 percent in the September quarter, as compared with the rise of 9.8 percent in the prior...
U.S. Treasuries range-bound ahead of FOMC’s November meeting minutes, long Thanksgiving weekend
Nov 22, 2017 10:43 am UTC| Commentary Economy
The U.S. Treasuries remained range-bound Wednesday as investors remained sidelined in any major trading activity ahead of the FOMC November meeting minutes, scheduled to be released today by 19:00GMT ahead of a long...
New Zealand bonds close higher as downtrend continues in dairy prices
Nov 22, 2017 05:38 am UTC| Commentary Economy
New Zealand bonds closed higher on Wednesday as a downward trend in prices continued in Global Dairy Trade (GDT) auction. Also, this represents the 4th straight decline witnessed at GDT events. At the time of closing,...
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