Australian consumer confidence worsens in wake of federal elections
Jul 13, 2016 06:41 am UTC| Commentary
Consumer confidence in Australia during the month of July, so far, has worsened, which is a sign that thehouseholds had reservations about the economic outlook in run up to2016 federal election, which revealed an...
Business sentiment in euro area drops as political risk deepens
Jul 13, 2016 06:34 am UTC| Commentary Economy
The latest Markit Business Outlook survey showed that sentiment amongst Eurozone business has dropped to the lowest since the end of 2014. The survey was carried out in the month of June, with most of the responses taken...
New Zealand bond yields close modestly higher as food prices rebound in June
Jul 13, 2016 06:25 am UTC| Commentary
The New Zealand government bond yields ended lower on Wednesday after the data showed that countrys food prices rose in June, led by seasonal gains in vegetables. Also, investors cheered the end of political roadblocks in...
Jul 13, 2016 06:05 am UTC| Commentary
The UN tribunal in Hague ruled that there is no legal basis to back Chinas claim of almost entire South China Sea. It handed a diplomatic rebuke to Chinas efforts to assert control over almost 85 percent of the South China...
Japan industrial output falls sharply as exports remain low
Jul 13, 2016 05:57 am UTC| Commentary Economy
Industrial production witnessed a sharp fall in Japan during the month of May as weak exports continued to weigh on the countrys manufacturing demand and hence, output. This called for new economic stimulus measures from...
Job openings and hiring in US drop in May from April’s level
Jul 13, 2016 05:49 am UTC| Commentary Economy
Total job openings in the US dropped to 5.50 million in May from 5.85 million in April. The manufacturing, leisure, trade and transportation, and education categories accounted for most of the 345,000 decline in job...
Australian bonds slump on positive risk sentiments, employment data eyed
Jul 13, 2016 05:36 am UTC| Commentary
The Australian government bonds continue to trade lower on Wednesday on renewed risk appetite in global markets. Also, investors were optimistic over last weeks US employment report, which showed robust growth in...
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