US Treasuries end mixed Friday; markets closed for Independence Day

Jul 04, 2016 13:10 pm UTC| Commentary

The US Treasuries saw mixed performance to finish off the week with little change in the short-end being contrasted by additional buying further out. This week has clearly been defined by Brexit fallout but as the dust...

Currency snapshot (major pairs)

Jul 04, 2016 13:10 pm UTC| Commentary

Dollar index trading at 95.62 (-0.06%) Strength meter (today so far) Euro +0.08%, Franc -0.21%, Yen -0.12%, GBP +0.15% Strength meter (since last week) Euro +0.08%, Franc -0.21%, Yen -0.12%, GBP...

Emerging Market Crisis Series

Additional fiscal easing to counter adverse effect of Brexit on South Korea

Jul 04, 2016 12:48 pm UTC| Commentary Economy

The South Korean economy is unlikely to be impacted significantly by the likelyoutcome of Brexit vote. First and foremost, the country does not have a strong trade linkagewith the euro area and/or with the UK. Last year,...

Australia likely to witness a hung parliament just as in 2010

Jul 04, 2016 12:41 pm UTC| Commentary Politics

The Australian economy is likely to face a hung parliament for the first time since 2010in its Federal elections that were held on Saturday, the results of which are due on Tuesday. A hung parliament is one where any...

Domestic investment to drive Thai economic growth in 2016; economy to expand slightly stronger at 2.8 pct

Jul 04, 2016 12:37 pm UTC| Commentary Economy

Domestic investment is expected to mainly drive the Thai economic growth this year rather than foreign demand or private consumption. It is quite vital that the promised infrastructure projects start in 2016 for the...

Brexit to impact Polish economy in medium term; growth of investment might suffer next year

Jul 04, 2016 12:22 pm UTC| Commentary Economy

The Polish economy is expected to witness several adverse effects of Brexit. Investment growth in the country is likely to face certain challenges in the coming years. Moreover, inflation is likely to accelerate slightly...

US factory orders likely declined in May on slide in demand for durable goods

Jul 04, 2016 12:13 pm UTC| Commentary Economy

Factory orders in the US are expected to have declined in May on a drop in durable goods orders. According to a Societe Generales research report, factory orders might have dropped onepercent in May, dragged down by a 2.2...