Political uncertainty likely to weigh on capital inflows into Turkey and TRY in near term

Jul 21, 2016 09:42 am UTC| Commentary Economy

Persisting political uncertainly is likely to spell doom forcapital inflows inTurkey in the near term and thus on the nations national currency lira. Turkish governmentimposed a three-month state of emergency on Wednesday...

UK gilts continue to trade lower on stronger labour market data

Jul 21, 2016 09:38 am UTC| Commentary

The UK gilts continued to trade weaker on Thursday after reading stronger than expected labour market data, which raised the possibility that the countrys Brexit decision may not be as detrimental to the economy as...

UK retail sales plunge to six-month low as poor weather hurt clothing sales

Jul 21, 2016 09:24 am UTC| Commentary

Retail sales in the United Kingdom plunged to six-month low during the month of June as poor weather kept consumers away from shopping clothes. However, the fallout of Brexit is unlikely to have had any impact on the poor...

Briferendum Aftermath Series

Briferendum Aftermath Series: Theresa May gets on with her third task at hand

Jul 21, 2016 09:15 am UTC| Commentary

Britains new Prime Minister Theresa May is moving at a lightning speed or at least much faster than most of us had expected and rightly so. The biggest risk the UK economy is the uncertainties and the best to way to clear...

Taiwan’s industrial output growth likely to have eased slightly in June

Jul 21, 2016 09:00 am UTC| Commentary

Industrial output growth in Taiwan is likely to have eased slightly in June. In the previous month, the countrys industrial production had grown robustly by 2.5 percent on a seasonally adjusted basis month-on-month. This...

German 10-year bund yield bounced above zero first time since Brexit vote; ECB’s decision eyed

Jul 21, 2016 08:47 am UTC| Commentary

The German 10-year bund yield bounced above zero for the first time on Thursday since the UK left the European Union last month. Also, investors await the upcoming policy decision from the European Central Bank (ECB) and...

Briferendum Aftermath Series

Briferendum Aftermath Series: Policy-makers are debating the unknowns Article 50

Jul 21, 2016 08:32 am UTC| Commentary

There are so many unknowns and so much of confusions with regard to Article 50 that policymakers in the UK are literally debating what to do and how to do it. This is such an unprecedented event and since no one could...