Eurozone periphery bonds rally on nervous buying; OPEC worries rise on disagreement

Nov 30, 2016 10:33 am UTC| Commentary

The Eurozone periphery bonds rallied Wednesday following gains in benchmark German bunds as investors remained cautious ahead of OPEC meeting decision. The French 10-year bond yields, which moves inversely to its price,...

Private consumption continues to drive Euroarea economy, GDP likely to grow 1.6 pct in 2016

Nov 30, 2016 10:28 am UTC| Commentary

The euro area economy is expected to grow much stronger this year than anticipated earlier. According to a Dankse Bank report, the economy of the currency bloc is likely to expand 1.6 percent. Private consumption continues...

US Election Series

Impeding Trump Inauguration Prompts Internet Archivists To Seek Asylum in Canada

Nov 30, 2016 10:07 am UTC| Commentary Politics

The internet is a pretty big place and contains a lot of information. Since it would be difficult to find all this information on ones own, archivists gather all existing data to organize them and make searching for...

UK gilts remain highly volatile surrounding OPEC uncertainties

Nov 30, 2016 10:05 am UTC| Commentary

The UK gilts remained highly volatile on nervous trading Wednesday ahead of an OPEC meeting final decision. The yield on the benchmark 10-year gilts, which moves inversely to its price, rose 1 basis point to 1.37...

Briferendum Aftermath Series

Briferendum Aftermath Series: War of words indicate ‘no quarter’ from EU

Nov 30, 2016 09:57 am UTC| Commentary

British MPs accused the European Commission of creating uncertainties by refusing to provide clarity on the future of the UK citizens living in the European Union and by not providing guarantees on the status of those...

Oil in Global Economy Series

Oil in Global Economy Series: OPEC schedule and sticking points

Nov 30, 2016 09:41 am UTC| Commentary

OPEC members are about to start the much-awaited meeting in Vienna to discuss the production freeze deal that could see OPEC production cut by as much as 1.2 million barrels per day. The scheduled is below, OPEC...

German labor market shows signs of recovery in October, jobless rate remains at record low

Nov 30, 2016 09:34 am UTC| Commentary Economy

Unemployment in Germany fell during the month of October, largely in line with market expectations and throwing signs of a gradual recovery in the countrys ailing labor market. Also, the jobless rate remained at a...