Western Australian economy likely to face tough year, consumer spending to remain weak

Jun 28, 2016 07:36 am UTC| Commentary Economy

The Western Australias economy is likely to face a tough year; however, it is expected to register growth in the export sector. The levelof employment is nearly1.4 million, which isan all-time high. In the last 30...

No safe havens like Japanese assets

Jun 28, 2016 07:32 am UTC| Commentary Central Banks

Japanese fixed income assets and its currency are once again proving to be the best haven in turbulent times. Investors just love piling into the countrys bonds and yen, whenever there are signs of trouble and...

New Zealand bonds close higher after rating agencies downgrade UK credit rating

Jun 28, 2016 07:09 am UTC| Commentary

The New Zealand government bonds closed higher Tuesday after as two top rating agencies downgraded its sovereign credit score, judging last weeks vote to leave the European Union would hurt its economy. The yield on...

Australian consumers remain upbeat on income and economic outlook despite Brexit jitters

Jun 28, 2016 07:07 am UTC| Commentary

Australian consumers remained upbeat on their personal finances and the countrys economic outlook despite tensionstriggered by the decisive win of voters supporting Brexit in the UKsreferendum paving a way for UKs exit...

Czech Republic’s sovereign debt grows rapidly

Jun 28, 2016 06:53 am UTC| Commentary Economy

The foreign indebtedness of Czech Republic is increasing. It had reached nearly CZK 3,200 billion, 70.4 percent of GDP, at the end of Q1 2016. Hence, the assets held by non-residents in the Czech Republic have risen by...

Chinese sovereign bonds gain after S&P cuts UK credit rating

Jun 28, 2016 06:30 am UTC| Commentary

The Chinese sovereign bonds gained Tuesday after Standard Poors downgraded the United Kingdoms credit rating. The yield on the benchmark 10-year bonds which moves inversely to its price dipped more than 4 basis points to...

Briferendum Series: David Cameron’s last EU summit

Jun 28, 2016 06:21 am UTC| Commentary

British Prime Minister David Cameron has headed to his last European Union leaders summit in Brussels today, where he will urge his European partners to rethink the approach of the European Union. Lots of clarity are...