Australian bonds jump tracking firmness in U.S. Treasuries post rebound in producer prices
May 12, 2017 04:39 am UTC| Commentary Economy
The Australian government bonds jumped on the last trading day of the week, tracking U.S. Treasuries, following a positive rebound in the latters producer prices, released yesterday. Further, investors will be looking...
Norway revises government budget, structural budget deficit estimated to be NOK 221 billion
May 11, 2017 18:35 pm UTC| Commentary Economy
As widely expected, Norway revised government budget. The revised government budget is expansionary and a bit more than assumed in the budget from last autumn, noted Nordea Bank in a research report. However, this is right...
Is it time for the American dream to die?
May 11, 2017 14:59 pm UTC| Insights & Views Economy Life
Commentators tend to agree on two main reasons for the rise and presidential victory of Donald Trump. His defiance of convention at a time when the institutions of democracy were (and still are) in crisis is often...
Bond aggregator helps build a more virtuous circle of housing investment
May 11, 2017 14:55 pm UTC| Insights & Views Economy Investing Real Estate
Following Treasurer Scott Morrisons outburst in April over the meagre supply outcomes delivered by state housing agencies, cool Treasury heads have prevailed in the budget. The Commonwealth has not withdrawn its support....
U.S. Treasuries climb ahead of 30-year auction, initial jobless claims
May 11, 2017 12:22 pm UTC| Commentary Economy
The U.S. Treasuries climbed as investors look forward to the 30-year note auction, due to be held later in the day. Also, the countrys initial jobless for today claims and consumer price inflation, due on Friday will...
UK gilts slip after BoE maintains benchmark interest rate at 0.25 pct
May 11, 2017 11:19 am UTC| Commentary Economy
The UK gilts slipped Thursday after the Bank of England (BoE0 maintained its benchmark Bank Rate at 0.25 percent, hinting that it may need to raise interest rates before late 2019 as markets had been expecting, after...
German 10-year bund yields jump to near 2-month high on expectations of rise in Q1 GDP
May 11, 2017 09:12 am UTC| Commentary Economy
The 10-year German bund yields jumped to near 2-month high Thursday, following expectations of a rise in the first quarter gross domestic product (GDP), scheduled to be released on May 12. Further, the countrys consumer...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects