Australia’s business sentiment improves in June; strong business conditions to facilitate robust growth in Q2

Jul 12, 2016 06:00 am UTC| Commentary Economy

Australias business sector has recorded strong growth in sentiment as well as in trading conditions in June. Business sentiment in the nation shrugged off the Brexit volatility. The rebound in business sentiment is...

Japan’s tertiary industry activity remains soft as economy stays weak

Jul 12, 2016 05:51 am UTC| Commentary Economy

Tertiary industry activity in Japan remained weak, although at the same level as previous month, invigorating signs of continued weakness in the worlds third-largest economy, raising doubts about the sustainability of the...

Canada’s housing starts rises in June; high demand to boost new home building in near-term

Jul 12, 2016 05:48 am UTC| Commentary Economy

Canadas housing starts reached 218,000 units in June, an increase from 187,000 units in May. The six-month moving average trend in the housing starts increased to 198,000. Canadas housing dialogue has rapidly moved to...

Australian bonds sag on stronger business confidence

Jul 12, 2016 05:38 am UTC| Commentary

The Australian government bonds slumped on Tuesday after data showed that business confidence has rebounded back to the strong levels seen in April. The yield on the benchmark 10-year Treasury note, which moves...

Briferendum Aftermath Series

Briferendum Aftermath Series: Post-Brexit relationship options for UK part 1

Jul 12, 2016 05:32 am UTC| Commentary

The United Kingdom is yet not out of the European Union as the referendum that rocked the financial markets and geo-policies across the world last month was non-binding. However, it is increasingly likely that Britain will...

Briferendum Aftermath Series

Briferendum Aftermath Series: Theresa May to become UK’s second female Prime Minister on Wednesday

Jul 12, 2016 04:03 am UTC| Commentary

Theresa May will become the Prime Minister of the United Kingdom and will assume her position on Wednesday as her closest rival Andrea Leadsom surprisingly quit the race to 10 Downing Street. After the news broke out,...

Asian markets continue trade higher, gold stabilises above $1,350 mark

Jul 12, 2016 03:57 am UTC| Commentary

All the major Asian stock indices are continue to trade on a positive note on the 2nd consecutive day. Gold remains well supported above $1,350 mark while Japanese yen jumps above 103.00 mark and trading around 103.15...