German bunds narrowly mixed ahead of Eurogroup meeting, Q1 GDP
May 22, 2017 08:59 am UTC| Commentary Economy
The German bunds traded narrowly mixed Monday ahead of a meeting of the Eurogroup ministers later in the day. Also, investors remain focused to watch the countrys first-quarter gross domestic product (GDP) data, scheduled...
May 22, 2017 08:05 am UTC| Commentary Economy
The Goods and Services Tax (GST) Council has assigned the tax rates for around 1,200 goods and 500 services ahead of the planned implementation on July 1. There will be four tax rates, ranging from 528 percent. All that...
BoT likely to keep rates unchanged at this week’s meeting, says DBS Bank
May 22, 2017 06:23 am UTC| Commentary Central Banks Economy
The Bank of Thailand (BoT) is widely expected to keep rates steady this week. Indeed, there is no reason why the central bank will tinker with its policy rate at any point this year. The pick-up in private consumption...
Australian bonds range-bound in thin trading activity; upbeat riskier assets weigh
May 22, 2017 04:48 am UTC| Commentary Economy
The Australian bonds traded range-bound at the start of the trading week as investors remain aloof from major trading activity amid signs of possible muted session as market lacks release of any influential data. Further,...
Global series: Globalisation Under Pressure
May 21, 2017 13:26 pm UTC| Insights & Views Economy
The rise in nationalism. Brexit and Trump. Reactionary far-right parties wooing millions of voters around the world. The facts on the ground are clear: globalisation and the international economic and political system...
S&P upgrades Indonesia’s sovereign rating to investment grade, IDR likely to outperform in region
May 19, 2017 16:42 pm UTC| Commentary Economy
On Friday, SP Global Ratings raised Indonesias sovereign rating to an investment grade. The rating was revised to BBB- from BB+ with a stable outlook. After the revision, Indonesia has now acquired an investment grade...
May 19, 2017 11:43 am UTC| Commentary Economy
The U.S. Treasuries moved slightly lower in response to a modest improvement in global equity markets and a hawkish shift in short-term Fed rate hike expectations, with short-dated paper underperforming and the yield curve...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects