New Zealand bond yields hit record low on disappointing dairy prices, RBNZ easing hopes

Jul 07, 2016 06:44 am UTC| Commentary

The New Zealand government bonds closed Thursdays session in positive terrain after dairy and milk prices fell at the latest Global Dairy Trade (GDT) auction. Also, rising bets that New Zealands central bank will cut its...

Briferendum Aftermath Series

Briferendum Aftermath Series: Number of suspended property funds doubles

Jul 07, 2016 06:36 am UTC| Commentary Real Estate

Since Standard Life, MA, and Aviva halted withdrawal of investors money in past few days as they have been hit by very large numbers of withdrawal requests, three more have joined in. After the referendum, six fund...

Czech retail sales likely recovered in May on robust consumer spending

Jul 07, 2016 06:33 am UTC| Commentary Economy

Czech Republics retail sales are likely to have rebounded in May with the help of solid consumer spending. According to a Societe Generale research report, the nations retail sales are expected to have grown 7.7 percent...

Canada’s trade deficit remains fairly stable in May; exports expected to rebound in H2

Jul 07, 2016 06:31 am UTC| Commentary Economy

Canadas trade deficit remained quite stable in May at CAD 3.3 billion. The nation recorded a decline in exports of 0.7 percent, whereas imports dropped 0.8 percent. Real exports and imports dropped 2.3 percent and 0.9...

Australia’s construction sector rebounds in June, hits 10-month record high

Jul 07, 2016 05:59 am UTC| Commentary Economy

Australias construction sector rebounded in June, hitting a 10-month record high during the month, after having witnessed decline during the month of May. The expanding pace of construction came in two months after the...

Thailand’s consumer sentiment drops for sixth straight month in June

Jul 07, 2016 05:41 am UTC| Commentary Economy

Consumer sentiment in Thailand during the month of June dropped for the sixth straight month in a row, on overwhelming concerns that the decision of Britain to leave the European Union will adversely affect both the...

Australian bonds slump on upbeat US data

Jul 07, 2016 05:35 am UTC| Commentary

The Australian government bonds slumped on Thursday as data indicating a strengthening US economy offered a respite to weeks of market turmoil following the UKs vote to leave the EU. The yield on the benchmark 10-year...