Nov 13, 2017 12:10 pm UTC| Commentary Economy
Under the Trump administration, the U.S. commerce department, under the guidance of Secretary Wilbur Ross continues to take a tough stance on countries that have used unfair means to promote exports. On Friday night,...
U.S. Treasuries climb on worries over possible tax-reform plan; Fed Chair Yellen’s speech in focus
Nov 13, 2017 11:00 am UTC| Commentary Economy
The U.S. Treasuries climbed Monday on worries over the countrys delayed tax reform plan until at least 2019. Also, investors are awaiting the Federal Reserve Chair Janet Yellens speech, scheduled to be held on November 14...
Nov 13, 2017 10:25 am UTC| Commentary Economy
The eurozones economic outlook appears bright despite renewed political uncertainty. The long period of healthy growth has yet to cause meaningful inflationary pressure. But the ECB will feel justified in easing its foot...
Mexico GDP likely to fall by 0.45 bp in event of NAFTA breakup, says Barclays Research
Nov 13, 2017 08:29 am UTC| Commentary Economy
Mexicos gross domestic product (GDP) is expected to fall by 0.45 basis point in the event of a NAFTA breakup, a possibility that has been discussed in the media recently. Long-term growth would likely decline to 2.0...
Euro likely to rise to 1.26 against U.S. dollar by December 2019, says Citi Bank
Nov 13, 2017 05:48 am UTC| Commentary Economy
The euro is expected to rise to 1.26 level against the greenback by December 2019, according to a recent report from Citi Bank. The 1.05-1.15 range pertaining from May 2015 to June 2017 now becomes a triple bottom,...
JGBs slump following upbeat producer inflation data; Q3 GDP data in focus
Nov 13, 2017 04:06 am UTC| Commentary Economy
Japanese bonds slumped Monday following higher-than-expected producer inflation data for October. In addition, markets will now focus on the upcoming third-quarter gross domestic product (GDP) data. The yield on the...
Australian bond yields rise following RBA Deputy Governor Debelle’s optimistic speech
Nov 13, 2017 03:20 am UTC| Commentary Economy
Australian bonds yields moved a tad higheron Mondayfollowing an optimistic speech from the Reserve Bank of Australia Deputy Governor Guy Debelle. In addition, markets will focus on the upcoming Chinas industrial production...
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