BoE likely to deliver a rate cut to ease anxiety over Brexit's aftermaths

Jul 11, 2016 09:37 am UTC| Commentary Central Banks

The Bank of England is expected to ease interest rates in its monetary policy meeting scheduled to be held on July 14in an attempt to ease the growing anxiety over the possible breakdown after the Brexit outcome. Also, the...

German bunds gain on ECB easing hopes, IMF downgrades economic outlook

Jul 11, 2016 09:24 am UTC| Commentary

The German bunds rallied Monday on expectations that the ECB may be forced to ramp up its liquidity injections if the post-Brexit blow back accelerates. Also, weak economic growth outlook from the IMF shifted investors...

Briferendum Aftermath Series

Briferendum Aftermath Series: For the Labour Party it’s Eagle vs. Corbyn

Jul 11, 2016 08:29 am UTC| Commentary

Angela Eagle, who has been a member of the Parliament (MP) since 1992 has entered the leadership contest and has challenged the position of Jeremy Corbyn, who was elected last September by anoverwhelming...

Brazil’s retail sales likely declined in May; consumption growth unlikely to recover in near term

Jul 11, 2016 08:07 am UTC| Commentary Economy

In the first quarter, the rate of Brazils retail sales deceleration was quite the same, as compared to the fourth quarter of 2015. Retail sales is expected to have dropped 1.1 percent on sequential basis or 6 percent on...

Indonesian imports likely to contract on subdued household consumption

Jul 11, 2016 08:00 am UTC| Commentary Economy

Indonesian imports during the month of June are expected to contract despite hopes that the auspicious month of Ramadan will spike consumption, leading to rise in imports. A double-digit contraction is expected for the...

Bank lending in China likely to have risen in June

Jul 11, 2016 07:58 am UTC| Commentary

Bank lending in China is likely to have risen in June to CNY 1,300 billion from Mays CNY 985.5 billion. The strength is expected to be partialbecause of a transfer of off-balance-sheet credit to on-balance sheet lending by...

Czech Republic’s inflation likely to have slowed to zero in June

Jul 11, 2016 07:53 am UTC| Commentary Economy

Czech Republics inflation is likely to have stalled in June on both year-on-year basis and on a sequential basis, noted Societe Generale in a research report. While prices of fuel surged due to increasing oil prices and...