Briferendum Series: UK suffer ratings cut post-referendum
Jun 28, 2016 10:04 am UTC| Commentary
Moodys investor service was the first one to yank the country from its AAA rated list of countries back in 2013 but now other two have joined in too, since the referendum result. Fitch has cut its credit rating for theUK,...
German bunds snap two days of rally as Brexit news sinks in
Jun 28, 2016 09:54 am UTC| Commentary
The German bunds snapped two days rally on Tuesday as investors paused to digest the implications of Britains decision last week to leave the European Union. Also, traders cooled on safe-haven instruments amid gains in...
Sweden’s retail sales grow in May, likely to decelerate in future
Jun 28, 2016 09:52 am UTC| Commentary Economy
Swedens retail trade sales volume grew 4.6 percent in May on a year-on-year basis, while it rose 1.7 percent on a sequential basis, according to Statistics Sweden. Consensus projection was for retail sales to grow 0.7...
Decline in French consumer confidence less than market expectation
Jun 28, 2016 09:20 am UTC| Commentary
Consumer confidence in France eased during the month of June, albeit less than what the markets had expected as shoppers remained less buoyant in June after having recorded their best ever month of confidence in nine years...
Global bonds rally as EU referendum pull yields to record low levels
Jun 28, 2016 09:14 am UTC| Commentary
Britains vote to leave the European Union has increased uncertainty in the global economy and stock markets around the world plunged in the wake of Thursdays referendum, while sterlings value has also plummeted. In the...
Briferendum Series: Key political updates 2
Jun 28, 2016 08:57 am UTC| Commentary
Political updates are a must watch for anyone, who has following the UK referendum and trying to gauge its impact. Largely, the future economic path will depend a lot on what kind of relation the U.K. maintains with the...
Briferendum Series: UK hate crimes surge shows Brexit to be a first victim of EU refugee crisis
Jun 28, 2016 08:19 am UTC| Commentary
Reports are coming in from the United Kingdom suggesting that hate crimes and racial abuses have gone up since the referendum on Thursday, where people have snarled at ethnic communities calling them to leave the country....
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