Rise in yen weighs on Japan’s corporate manufacturing sentiments

Jun 13, 2016 11:44 am UTC| Commentary

Sentiments at Japans large manufacturing plants declined for the second consecutive quarter over the April-June period as a continuous rise in yen subdued the earningprospects of exports, while making the imports cheaper....

US Election Series

US Election Series: Nominees attempt to cash in on Orlando shooting

Jun 13, 2016 11:39 am UTC| Commentary

TheMilitant group in the Middle East, Islamic State in Iraq and Levant, popularly known as Isis has claimed responsibility for the fatal attack in a gay nightclub in Orlando that left at least 50 people dead and more than...

Weak activity data signals Chinese economy under pressure; another round of easing likely from PBoC

Jun 13, 2016 11:35 am UTC| Commentary

Chinas weaker than expected activity data for May releasedon Mondayunderpins the view that the countrys economic growthis under pressure. In the second quarter of 2015, the financial sector had considerably contributed to...

Indian bonds close lower on expectations for higher retail inflation

Jun 13, 2016 10:52 am UTC| Commentary

The Indian government bonds closed lower on Monday as investors expect higher retail inflation in May, which has raised concerns that the Reserve Bank of India (RBI) may not be able to slash rates at the up-coming policy...

US economy likely to remain on moderate growth path

Jun 13, 2016 10:49 am UTC| Commentary

The US economys performance in the first quarter was slightly weak. Indeed, the initial estimate of GDP growth was just 0.5 percent; however, the reading was upwardly revised to 0.8 percent. Moreover, the recent economic...

UK 10Y gilt yield slides to all time low of 1.20 pct, likely to test 1.15 pct mark

Jun 13, 2016 10:17 am UTC| Commentary

The UK gilts continue to strengthen on Monday as recent polls showed the outcome of the referendum is too close to call, raising the possibility that Britain might leave the EU after 43 years of membership in the...

India May CPI seen to rise slightly on spike in food, fuel prices

Jun 13, 2016 10:12 am UTC| Commentary

Indias consumer price index, a measure of consumer inflation in the economy is expected to rise in May, as compared to that in April, on acceleration in food and fuel prices as delay in monsoon arrival led to soaring...