Norway revises government budget, structural budget deficit estimated to be NOK 221 billion

May 11, 2017 18:35 pm UTC| Commentary Economy

As widely expected, Norway revised government budget. The revised government budget is expansionary and a bit more than assumed in the budget from last autumn, noted Nordea Bank in a research report. However, this is right...

Is it time for the American dream to die?

May 11, 2017 14:59 pm UTC| Insights & Views Economy Life

Commentators tend to agree on two main reasons for the rise and presidential victory of Donald Trump. His defiance of convention at a time when the institutions of democracy were (and still are) in crisis is often...

Bond aggregator helps build a more virtuous circle of housing investment

May 11, 2017 14:55 pm UTC| Insights & Views Economy Investing Real Estate

Following Treasurer Scott Morrisons outburst in April over the meagre supply outcomes delivered by state housing agencies, cool Treasury heads have prevailed in the budget. The Commonwealth has not withdrawn its support....

U.S. Treasuries climb ahead of 30-year auction, initial jobless claims

May 11, 2017 12:22 pm UTC| Commentary Economy

The U.S. Treasuries climbed as investors look forward to the 30-year note auction, due to be held later in the day. Also, the countrys initial jobless for today claims and consumer price inflation, due on Friday will...

UK gilts slip after BoE maintains benchmark interest rate at 0.25 pct

May 11, 2017 11:19 am UTC| Commentary Economy

The UK gilts slipped Thursday after the Bank of England (BoE0 maintained its benchmark Bank Rate at 0.25 percent, hinting that it may need to raise interest rates before late 2019 as markets had been expecting, after...

German 10-year bund yields jump to near 2-month high on expectations of rise in Q1 GDP

May 11, 2017 09:12 am UTC| Commentary Economy

The 10-year German bund yields jumped to near 2-month high Thursday, following expectations of a rise in the first quarter gross domestic product (GDP), scheduled to be released on May 12. Further, the countrys consumer...

BoK likely to leave benchmark interest rate at 1.25 pct until Q2 2018, says Scotiabank

May 11, 2017 08:25 am UTC| Commentary Economy

The Bank of Korea (BoK) is expected to leave the benchmark interest rate at its current level of 1.25 percent at least until the second half of 2018 when a cautious monetary tightening phase will commence. Further, the...