EUR/CZK likely to gradually decline to 25.50 by the end-2017, says Commerzbank
May 16, 2017 08:18 am UTC| Commentary Economy
The EUR-CZK spot exchange rate has declined sharply over the past week, breaking below the 26.50 low it set on 10 April, a few days after CNB abandoned its FX floor. A few factors were responsible. First, the Czech...
May 16, 2017 06:26 am UTC| Commentary Economy
Australias weekly consumer confidence index started to decline again, following a downbeat view from households on their long-term economic expectations. The latest headline consumer confidence index dropped sharply,...
New Zealand bonds gain at close tracking U.S. Treasuries ahead of GDT price auction
May 16, 2017 05:50 am UTC| Commentary Economy
The New Zealand bonds closed on the upside Tuesday tracking firmness in the United States counterparts as investors wait to watch the GlobalDairyTrade (GDT) price auction, scheduled to be held later today for further...
Australian bonds flat post RBA monetary policy meeting minutes; April employment report in focus
May 16, 2017 05:15 am UTC| Commentary Economy
The Australian government bonds remained flat Tuesday after the Reserve Bank of Australia (RBA) maintained a cautious tone in its May monetary policy meeting minutes, released earlier today. Also, investors now remained...
U.S. Treasuries remain flat in mild trading session; lacks significant economic data
May 15, 2017 11:53 am UTC| Commentary Economy
The U.S. Treasuries remained flat as investors remained side-lined in the absence of major trading activity amid a mild session that witnessed data of little economic significance. Major global equity markets were slightly...
May 15, 2017 11:26 am UTC| Commentary Economy
The EUR/PLN currency pair is expected to inch higher over the remainder of this year, reaching levels around 4.35 by the year end, Commerzbank reported. Last Friday, the countrys CPI breakdown for April was released,...
May 15, 2017 11:01 am UTC| Insights & Views Economy
Chinas activity data came in weaker than expected in April suggesting a weak start to the second quarter despite apparent resilience in domestic lending activity. Data released on Monday showed that Chinas industrial...
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