May 12, 2017 11:31 am UTC| Insights & Views Central Banks Economy
The Bank of Englands (BoE) Monetary Policy Committee (MPC) on Thursday voted by a majority of 7-1 votes to leave the bank rate unchanged at 0.25 percent as widely expected by the markets. The central bank also maintained...
Why Emmanuel Macron is bad news for Britain's finance industry
May 12, 2017 10:55 am UTC| Insights & Views Economy
The election of the globalist and EU-champion, Emmanuel Macron, to the French presidency poses a threat to the UKs financial sector and its economy more broadly. A potted history of the sector shows how important its...
Spain to fail again for fifth consecutive year to meet EU deficit target
May 12, 2017 10:50 am UTC| Commentary Economy
According to the calculations by the European Commission, Spain is set to fail for the fifth consecutive year to meet the European Unions deficit target. The European Commissioners have admitted that Spains public deficit...
UK gilts rebound on short covering; investors eye April consumer inflation next week
May 12, 2017 10:04 am UTC| Commentary Economy
The UK gilts rebounded Friday as investors covered previous short positions amid a silent session that witnessed data of little economic significance. Also, investors are awaiting the countrys consumer price inflation for...
German bunds gain after investors defy higher Q1 economic growth
May 12, 2017 09:10 am UTC| Commentary Economy
The German bunds gained Friday after investors largely shrugged-off the countrys higher economic growth during the first quarter of this year, released today, that matched market expectations. Also, the German consumer...
May 12, 2017 08:25 am UTC| Commentary Economy
The German economy is expected to reach its full-year economic growth at 1.6 percent, rather at a slower pace. However, consumption should continue to provide underlying support for GDP growth. But the first quarter was...
May 12, 2017 06:25 am UTC| Commentary Central Banks Economy
The Bangko Sentral ng Pilipinas (BSP) is expected to undertake cumulative rate increases of 50 basis points in 2017, followed by 75 basis points in 2018. The recent appointment of Deputy Governor Nestor Espenilla to take...
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