Germany’s trade surplus falls in July on slump in exports

Sep 09, 2016 09:35 am UTC| Commentary Economy

Germanys trade surplus slowed during the month of July, coming in lower than what markets had earlier anticipated, following adecline in exports, the latest in a string of weak economic data from Europes industrial...

Eurozone periphery bonds trade lower as ECB refrains from adding stimulus

Sep 09, 2016 09:24 am UTC| Commentary

The Eurozone periphery bonds plunged Friday as the European Central Bank kept its monetary policy rate and the pace of quantitative easing steady. This decision was widely expected by the market participants and...

French July industrial production falls unexpectedly on declining manufacturing output

Sep 09, 2016 09:22 am UTC| Commentary

French industrial production dropped unexpectedly in July as manufacturing output declined sharply in the month. According to Frances official statistics office, INSEE, the industrial output dropped 0.6 percent in July in...

German bunds slump as ECB keeps policy rate unchanged and refrains extension of QE

Sep 09, 2016 08:43 am UTC| Commentary

The German bunds slumped Friday after the European Central Bank in its monetary policy decision left interest rates and the pace of asset purchases unchanged, as expected, but reaffirms that quantitative easing will run...

Yuan’s inclusion in SDR likely to lead to capital flows of $31 billion for direct allocation

Sep 09, 2016 08:34 am UTC| Commentary Insights & Views Economy

The International Monetary Funds new Special Drawing Rights basket which includes the yuan will take effect on October 1. The weights of the basket currencies will be in the manner of 41.73 percent for the US dollar, 30.93...

Economic growth in Chile seems to be on a weak track, although consumer demand seen to improve

Sep 09, 2016 08:21 am UTC| Commentary Economy

Economic weakness in Chile persisted during the month of July; however, consumer demand is improving or at least not weakening further. The IMACEC economic activity index increased 0.5 percent in July compared to a year...

Stop the war in Middle East now or lose Europe

Sep 09, 2016 08:09 am UTC| Commentary

If you just search Syria in you search engine, you will find scores of images that show widespread ravages, destroyed buildings, children playing in the debris, you will find blood, death and wounded men, women, and...