No nuclear energy option for South Africa -- for now at least

Apr 30, 2017 13:56 pm UTC| Insights & Views Economy

A South African court has ruled that critical aspects of the countrys nuclear procurement process are illegal and unconstitutional. The outcome is a significant setback for a network of entities that had been aggressively...

UK gilts slump after reading higher Q1 GDP

Apr 28, 2017 10:05 am UTC| Commentary Economy

The UK gilts slumped Friday after witnessing a rise in the countrys first-quarter gross domestic product (GDP), released today. The yield on the benchmark 10-year gilts, which moves inversely to its price, jumped 3...

German bunds plunge post Eurozone’s higher-than-expected April consumer price inflation

Apr 28, 2017 09:26 am UTC| Commentary Economy

The German bunds plunged Friday after reading the Eurozones higher-than-expected consumer price inflation for the month of April, which added to the disappointment in safe-haven assets. The yield on the benchmark...

CZK likely to remain volatile in coming weeks and months, says KBC Research

Apr 28, 2017 08:47 am UTC| Commentary Economy

The EUR/CZK has moved back about the former (FX) intervention level set by the CNB at the 27.00. After CNBs exit from the intervention regime (April 6) the koruna has only twice briefly touched this level, but it had never...

Government's oil & gas tax response will leave regional communities at a loss

Apr 28, 2017 07:12 am UTC| Insights & Views Economy

Falling revenues from petroleum mining, that spurred a review of the Petroleum Resource Rent Tax (PRRT), have hit regional communities hard and these same communities arent likely to get any relief from the government...

Australia business outlook remains optimistic; profit, pricing expectations lift

Apr 28, 2017 06:44 am UTC| Commentary Economy

The Australian economy is into its eighth year of economic expansion and while business confidence is well off its peak, survey indicators are still pointing to solid growth. Firms are optimistic about their own...

New Zealand bonds close higher on short-covering; investors await March trade balance

Apr 28, 2017 06:03 am UTC| Commentary Economy

The New Zealand bonds closed lower Friday as investors covered previous short positions. Also, the countrys trade surplus for the month of March limited the rise in bonds. At the time of closing, the yield on the...