US attack on Syria: key updates

Apr 07, 2017 10:47 am UTC| Commentary

Last night or early hours (GMT) today, the United States has launched a devastating attack on a Syrian airbase in the Idlib province with 60 Tomahawk missiles in response to Syrian governments alleged chemical weapon...

Global Geo-political Series: Russia condemns Syria attack; likely to call for UNSC meeting

Apr 07, 2017 09:00 am UTC| Commentary

Russian foreign ministry has condemned last nights attack by the United States on Syrian air base near Idlib. The United States have launched about 60 tomahawk missiles in response to the alleged chemical weapon attack by...

EUR/USD likely to appreciate to levels around 1.12 towards end-Q3 2017, says Commerzbank

Apr 07, 2017 08:53 am UTC| Commentary Economy

The EUR/USD currency pair is expected to appreciate to levels around 1.12 towards the end of the third quarter of this year. The relatively optimistic euro zone economic data and a still relatively decent rate of inflation...

European Migrant Crisis: Battle intensifies between Hungary and EU

Apr 07, 2017 08:30 am UTC| Commentary

Hungary and the European Union is heading for a showdown over the EUs refugee policy adopted in 2015, under which refugees would be redistributed and resettled across the European Union and every country will have to take...

U.S. initial jobless claims end March on upbeat tone, industrial sector still remains soggy

Apr 07, 2017 07:35 am UTC| Commentary Economy

In the week ending April 1, the United States initial claims for unemployment insurance decreased by 25k, to 234k. This weeks reading was well below consensus expectations of 250k. However, continuing claims fell modestly...

Central Banking Series

Singapore’s MAS likely to keep rates on hold next week, says Scotiabank

Apr 07, 2017 06:51 am UTC| Commentary Central Banks Economy

The Monetary Authority of Singapore (MAS) is expected to hold its benchmark interest rate at the monetary policy meeting scheduled to be held late next week with an expansionary budget unveiled on 20 February, maintaining...

Global Geopolitics Series

Global Geo-political Series: South China Sea tensions intensify with Duterte land grab

Apr 07, 2017 06:41 am UTC| Commentary

South China Sea row intensified after Philippines President Rodrigo Duterte ordered the Philippines military to occupy and fortify islands in the South China Sea amid ongoing territorial disputes between China and other...