May 05, 2017 08:38 am UTC| Commentary Central Banks Economy
The Bank of Englands (BoE) Monetary policy Committee (MPC) is expected to keep policy unchanged at its May meeting, maintaining a neutral policy bias relative to a market path of interest rates that, compared with...
BRICS bank is offering more of the same rather than breaking the mould
May 05, 2017 08:37 am UTC| Insights & Views Economy
The New Development Bank recently held its second annual meeting in the Indian capital of New Delhi to discuss the sustainability of financing development projects in its member states. The multilateral bank was...
Indonesia Q1 GDP growth disappoints as private consumption, investment remains broadly unchanged
May 05, 2017 06:58 am UTC| Commentary Economy
Indonesias first-quarter gross domestic product (GDP) disappointed markets with both private consumption and investment continuing to grow at the same pace as in the previous quarter. On the positive side, exports...
New Zealand bonds close lower following RBNZ’s upbeat inflation expectations
May 05, 2017 05:50 am UTC| Commentary Economy
The New Zealand bonds ended Fridays session on a weaker note after the Reserve Bank of New Zealand (RBNZ) remained upbeat in its inflation expectations, released early in the day. Further, weakness in global debt market...
Australian bonds slide tracking U.S. Treasuries post upbeat economic data
May 05, 2017 05:39 am UTC| Commentary Economy
The Australian government bonds slid on the last trading day of the week, tracking weakness in the U.S. counterparts, following a series of strong economic data, released late Thursday. The fall in the number of initial...
FxWirePro: The Day Ahead- 5th May 2017
May 05, 2017 04:37 am UTC| Commentary Central Banks Economy
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: New Zealand: RBNZ inflation expectation rose by 2.2 percent...
Highlighting 'good and bad' debt will make it harder to fund social programs
May 05, 2017 02:00 am UTC| Insights & Views Economy
In the forthcoming budget, the net operating balance will be reported alongside the underlying cash balance. This change has important policy implications because it creates a strong bias towards public spending on...
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