Germany Gfk consumer sentiment unexpectedly falls in April, rise in inflation weighs

Mar 23, 2017 13:32 pm UTC| Commentary

A survey published by the Nuremberg-based GfK institute on Thursday showed that Germany consumer sentiment unexpectedly fell to its lowest level in five months going into April. Aprils consumer sentiment came in at 9.8,...

U.S. Treasuries disappoint as investors remain cautious ahead of Fed Chair Yellen’s speech

Mar 23, 2017 11:45 am UTC| Commentary Economy

The U.S. Treasuries disappointed markets Thursday as investors remained cautious ahead of the Federal Reserve Chair Janet Yellens scheduled speech later in the day. Also, the countrys initial jobless claims, due today is...

UK gilts plunge following higher-than-expected rebound in February retail sales

Mar 23, 2017 10:05 am UTC| Commentary Economy

The UK gilts plunged Thursday, after reading higher-than-expected rebound in the countrys retail sales during the month of February. The yield on the benchmark 10-year gilts, which moves inversely to its price, jumped...

German bunds trade higher ahead of ECB member Lautenschlaeger’s speech, March manufacturing PMI

Mar 23, 2017 09:25 am UTC| Commentary Economy

The German bunds trade higher Thursday as investors wait to watch the European Central Bank member Lautenschlaegers speech, scheduled for later in the day. Also, market participants remain keen to read the March...

GBP/EUR likely to gradually appreciate towards 1.18 by end-2017, says Lloyds Bank

Mar 23, 2017 08:33 am UTC| Commentary Economy

Since the start of the year, GBP/EUR has been limited to a range of 1.13-1.20. For both respective legs of the pair, political uncertainty is likely to be the key risk in the coming months. On the EUR side, the German,...

BoE, ECB unlikely to change monetary policy stances through 2017, says Lloyds Bank

Mar 23, 2017 07:58 am UTC| Commentary Central Banks Economy

Neither the Bank of England (BoE) nor the European Central Bank (ECB) is expected to change their monetary policy stances throughout the remainder of 2017. However, following their latest respective policy meetings, the...

US under Trump Series: Is it going to be NSA vs. FBI?

Mar 23, 2017 06:34 am UTC| Commentary

It has been only little more than two months that the new administration under President Donald Trump got inaugurated formally and it has already been a roller-coaster or whirlwind rise in many ways. Now this new...