Canadian bonds slump following strong US jobs data

Jul 11, 2016 13:05 pm UTC| Commentary

The Canadian government bonds slump on Monday as an unexpected strong United States jobs report encouraged optimism about better economic growth and demand in the worlds largest consumer of crude oil. The yield on the...

Euro area industrial production likely to have declined in May

Jul 11, 2016 12:46 pm UTC| Commentary Economy

Industrial output is expected to have declined in May, following a rise in April. According to a Societe Generale research report, the euro area industrial production is likely to have come in at -1.2 percent on sequential...

Mexico’s industrial output growth likely to weaken in 2016

Jul 11, 2016 12:44 pm UTC| Commentary Economy

Mexicos industrial production has recorded three positive readings in 2016 in the initial four months on a year-on-year basis. However, the output growth has been declining since then on a sequential as well as on...

Portuguese growth likely to slow on systemic banking crisis

Jul 11, 2016 12:43 pm UTC| Commentary Economy

Portugals economic growth is expected to slow through this year and next, as the country struggles with a systemic banking crisis, the lack of a convincing medium-term fiscal plan and excessive public and private sector...

Oil markets continue to face headwinds in short-term

Jul 11, 2016 12:41 pm UTC| Commentary

Headwinds continueto smash the oil markets in short term ranging from the heightened levels of inventory, market positioning and worries that the consequences from the Brexit vote might lead to rise in uncertainty in...

US Treasuries plunge on strong US payroll data

Jul 11, 2016 12:40 pm UTC| Commentary

The US Treasuries plunged on Monday following the June employment report that posted the largest non-farm payrolls increase in the past eight months. The yield on the benchmark 10-year Treasury note rose nearly 4 basis...

Commodities snapshot (precious & industrial)

Jul 11, 2016 12:05 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is down as the dollar goes strong post-NFP. Todays range $1355-1371 We expect gold to reach $1520 Gold is currently...