Eurozone periphery bonds plunge post ECB President Draghi’s speech; all eyes on benchmark German CPI

Jun 27, 2017 09:08 am UTC| Commentary Economy

The Eurozone periphery bonds plunged Tuesday after reading the European Central Bank (ECB) President Mario Draghis speech. Markets are looking forward to the release of benchmark German consumer price inflation for the...

TWD to remain stuck in range of 30.0-30.5, could face intermittent depreciation pressure in July or Q3: Scotiabank

Jun 27, 2017 07:57 am UTC| Commentary Economy

The TWD has been trading in a range recently on rising concern in local companies with massive FX losses. In the months ahead, the TWD is expected to respond to cross-border flows in an asymmetric manner, i.e. more...

JGBs remain on the upside on expectations of fall in retail sales; BoJ Governor Kuroda’s speech in focus

Jun 27, 2017 06:22 am UTC| Commentary Economy

The Japanese government bonds were pushed slightly higher across the curve on Tuesday, following hopes of a fall in the countrys retail sales for the month of May, scheduled to be released on June 29. In addition, the Bank...

New Zealand bonds close slightly higher after trade surplus eases in May

Jun 27, 2017 05:36 am UTC| Commentary Economy

The New Zealand bonds closed slightly on the upside Tuesday after witnessing a softer trade surplus for the month of May, undershooting market expectations, released earlier today. At the time of closing, the yield on...

Australian bonds remain upbeat in thin trading amid dip in consumer confidence

Jun 27, 2017 04:13 am UTC| Commentary Economy

The Australian bonds remained upbeat Tuesday in thin trading activity that witnessed data of little economic significance and as the countrys weekly consumer confidence edged slightly lower for the second straight week in...

Why a 'cashless' society would hurt the poor: A lesson from India

Jun 27, 2017 03:15 am UTC| Insights & Views Economy

India recently tried to reduce the use of cash in its economy by eliminating, overnight, two of its most widely used bills in what was called demonetization. While the effort initially explained as an attempt to curb...

Why retirement village contracts need to be regulated like insurance

Jun 27, 2017 02:23 am UTC| Insights & Views Business Economy

While you may think signing a retirement village contract is similar to buying a house or apartment, it isnt. Retirement village contracts resemble insurance contracts more than purchase agreements, only they arent...