German bunds slump as risk appetite returns post 'Brexit'

Jun 29, 2016 08:57 am UTC| Commentary

The German bunds slumped Wednesday as investors cooled on safe-haven instruments amid gains in riskier assets including crude oil and equities. The yield on the benchmark 10-year bonds, which moves inversely to its price...

Briferendum Aftermath Series

Briferendum Aftermath Series: Key comments from Cameron’s last supper at Brussels

Jun 29, 2016 08:42 am UTC| Commentary

A visibly sad looking David Cameron bade an emotional farewell to the European Union during last nights supper in Brussels at EU leaders summit. He said that Britain will not turn his back on the European Union. He said...

German consumer confidence reaches near 12-month high, beats market estimates

Jun 29, 2016 07:50 am UTC| Commentary

German consumer confidence touched near 12-month high, beating market estimates, data from a corporate survey showed Wednesday. This indicated that private consumption will continue to drive growth in Europes biggest...

Japan’s industrial production growth likely to have weakened in May

Jun 29, 2016 07:48 am UTC| Commentary Economy

Japans industrial production is likely to have grown weakly in May after posting a subdued growth in April. According to a Societe Generale research report, industrial output is expected to have increased 0.3 percent in...

French, Italian flash HICP inflation likely to have accelerated in June

Jun 29, 2016 07:13 am UTC| Commentary Economy

Frances CPI as well as HICP inflation are likely to have accelerated slightly in June. The flash HICP inflation is anticipated to have accelerated to 0.3 percent year-on-year, whereas the CPI inflation is likely to have...

Long-dated Japanese bonds plunge on profit taking; yields likely to sink below zero

Jun 29, 2016 07:11 am UTC| Commentary

Long-dated Japanese government bonds plunged Wednesday as investors cashed in profit after sovereign bonds climbed to its record levels after the United Kingdom voted to end 43 years of European Union membership last...

Singapore headline inflation likely to decline in 2016, to rise in 2017

Jun 29, 2016 07:00 am UTC| Commentary

Singapores headline inflation is likely to decline in 2016, deeper than previously estimated. However, consumer prices are likely to rise and average in 2017, higher than the last estimates, DBS reported. Headline CPI...