Slowdown in Europe to have a limited effect on the Chinese economy

Jun 28, 2016 14:18 pm UTC| Commentary

Brexit uncertainties are likely to have contagion effects on the rest of Europe. A very negative impact is likely on sentiment in the euro area and especially on business confidence following the British peoples decision...

Hungary’s labour market continues to improve in May, likely to provide a stable base for growth

Jun 28, 2016 13:53 pm UTC| Commentary

Hungarys labour market continues to improve in May. Data released by the Central Statistical Office (KSH) earlier today showed that the number of employed people increased by 149 thousand in a year time from which 116...

German import prices drop less than expectations in May

Jun 28, 2016 13:35 pm UTC| Commentary

Data released by Destatis, the German statistics office earlier on Tuesday showed that import prices in Germany, Europes biggest economy, decreased at a slower-than-expected pace in May. The import price index fell 5.5%...

Canadian bonds down following firm crude oil prices

Jun 28, 2016 13:19 pm UTC| Commentary

The Canadian bonds slid on Tuesday, following rally in the crude oil prices. The yield on the benchmark 10-year Treasury note which moves inversely to its price rose 1 basis point to 1.115 percent and the yield on the...

US Treasuries snap two day gains on firm risk sentiments

Jun 28, 2016 13:04 pm UTC| Commentary

The US Treasuries traded modestly lower on Tuesday as investors cooled on safe-haven instruments amid gains in riskier assets including crude oil and equities. The yield on the benchmark 10-year Treasury note rose 1 basis...

Sweden’s employment growth likely to decelerate, but remains above historical averages

Jun 28, 2016 12:59 pm UTC| Commentary Economy

Employment in Sweden has been steadily rising in the past few years with the help of solid growth in construction industry and other personnel intensive sectors. Trend growth rates have been close to 1.5 percent on a...

UK might slip into recession in H2 16; would prompt Bank of England to ease monetary policy

Jun 28, 2016 12:30 pm UTC| Insights & Views Economy Central Banks Commentary

UK outlook following the decision to leave the EU largely depends on how the withdrawal negotiations progress. The longer-run consequences of a Brexit depend on the future UK/EU relationship. Risks of a marked...