German factory orders likely to have increased in June

Aug 04, 2016 09:08 am UTC| Commentary

Germanys factory orders are likely to have grown in June. According to a Societe Generale research report, factory orders are expected to have risen 1.1 percent sequentially in June, after posting a weaker than projected...

Turkey’s inflation accelerates markedly in July

Aug 04, 2016 09:03 am UTC| Commentary Economy

Turkeys consumer price index accelerated noticeably in July, particularly at the headline level, atpar with the central banks warnings. Turkeys CPI rose 1.2 percent month-on-month in July, higher than consensus projection...

Bundesbank chief Jens Weidmann warns of upside risks to interest rates

Aug 04, 2016 08:07 am UTC| Commentary Central Banks

European Central Banks (ECB) most hawkish and one of the most respected and reputed central bankers, Bundesbank chief Jens Weidmann has warned against thesharp reversal in global interest rates and warned that they could...

Indian bonds gain as investors wary ahead of RBI monetary policy meeting

Aug 04, 2016 07:59 am UTC| Commentary

The Indian government bonds gained Thursday as investors remained cautious ahead of the Reserve Bank of Indian bi-monthly monetary policy meeting, which is scheduled to take place on August 9 at 05:30 GMT. On the other...

Swiss consumer sentiment continues to remain subdued in July

Aug 04, 2016 07:34 am UTC| Commentary Economy

Swiss consumer sentiment continued to remain weak in July. The index has weakened below the long-term average of -9 points since the survey was undertaken in July 2015. The index remained unchanged at -15 points in July,...

BoT stresses on need to preserve monetary policy space, risks to global growth persist

Aug 04, 2016 07:23 am UTC| Commentary

The Bank of Thailand has stressed the need to preserve the monetary policy space, post its monetary policy meeting held Wednesday and said that rising risks to global growth persist. Also, the bank kept interest rates...

Eurozone services divergence rises with UK

Aug 04, 2016 07:19 am UTC| Commentary Economy

Latest data from the Markit economics show that after the UK referendum on the membership of the European Union, services across the Eurozone gained ground while services activity slowed down markedly in the United...