US employment data expected to rebound in June following end of Verizon labor strike

Jul 08, 2016 07:34 am UTC| Commentary

The United States is expected to witness a rebound in the June employment data, after it had worsened to near five-year lows in May, following the Verizon labor strike that hurt employment and hiring. Now that the strike...

China’s vehicle sales expand on rising demand for new-energy vehicles

Jul 08, 2016 07:32 am UTC| Commentary

Vehicle sales in China rose at a faster pace during the first half of the year, as rising demand for new-energy vehicles and SUVs widened the nations lead as the worlds biggest auto market. Retail sales of cars,...

Mexican economy continues to grow strongly; Banxico to hike rates to offset peso depreciation

Jul 08, 2016 07:21 am UTC| Commentary Economy Central Banks

The Mexican economy continues to grow at a stronger rate in a challenging environment. In the first quarter of this year, the growth accelerated to 2.6 percent year-on-year. Also, the economic growth accelerated further by...

Briferendum Aftermath Series

Briferendum Aftermath Series: Why does Brexit bring UK's consumer confidence down when majority had voted for it?

Jul 08, 2016 07:13 am UTC| Commentary

British consumer confidence as recorded by GFK consumer confidence dropped sharply in the aftermath of the referendum where themajority of the Britons voted in favor of exiting from the Union. GFK released anone-off...

BoC likely to keep rates unchanged as market holds back post Brexit

Jul 08, 2016 07:00 am UTC| Commentary Central Banks

The Bank of Canada is expected to keep policy rates unchanged at its monetary policy meeting that is scheduled to take place on July 13, following depressing market movements post UKs exit from the European...

Briferendum Aftermath Series

Briferendum Aftermath Series: UK to get second female Prime Minister after Margaret Thatcher

Jul 08, 2016 06:09 am UTC| Commentary

After the second round of voting among the members of the Parliament (MPs), Britain is heading to get its second female Prime Minister after Margaret Thatcher, the Iron lady. In the second round of voting, front-runner...

Brexit pushes UK's consumer confidence to lowest level since 1994

Jul 08, 2016 05:47 am UTC| Commentary Economy

The United Kingdoms consumer confidence witnessed the worst performance in over two decades, signaling that the nations decision to leave membership of the European Union is already weighing on the economic outlook of the...