Briferendum Series: Merkel’s tough stance in Bundestag major setback for Boris Johnson

Jun 28, 2016 11:02 am UTC| Commentary

German Chancellor, Angela Merkel, while speaking to Bundestag today has taken a tough stance towards the exit campaigners in Britain, who had predicted that Britain will continue to have access to thesingle market. Boris...

UK gilt yields recover as risk appetite improves, 10-year yield still below 1 pct

Jun 28, 2016 10:57 am UTC| Commentary

The UK gilt yields recovered 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 gilts, which moves inversely to its...

Unemployment eases in Hungary, likely to limit wage increases

Jun 28, 2016 10:37 am UTC| Commentary

The Hungarian economy witnessed a decreasein the unemployment rate during the period between March toMay. However,tightening of the labor market hints atlimited wage growth in the near term. The unemployment rate in...

Mexico’s jobless rate likely to have risen slightly in May

Jun 28, 2016 10:36 am UTC| Commentary Economy

The Mexican jobless rate is likely to have increased slightly in May, along with the seasonally adjusted figure. According to a Societe Generales research report, the jobless rate is likely to have increased to 3.97...

Italy consumer confidence touches 10-month low, business sentiment improves

Jun 28, 2016 10:30 am UTC| Commentary

Italys consumer confidence decreased in June, falling to a level of 10-month low, while business sentimentimproved during the same period, despite a surprise decision by the United Kingdom voters of their intentto exit the...

Briferendum Series: SNP moves towards fresh referendum

Jun 28, 2016 10:21 am UTC| Commentary

Scotlands first minister and leader of Scottish National Party (SNP), Nicola Sturgeon has been making her moves towards a fresh new referendum in Scotland that ties the country to the European Union. Though vocally she...

China opens Guangzhou Clearing Corp specializing in commodities

Jun 28, 2016 10:11 am UTC| Commentary

On 26 June, China set up its first commodities clearing house for business in Guangzhou, Guangdong. It will be linking five commodity exchanges. The commodities clearing house is projected to record total annual...