Continued global growth momentum required to maintain China’s export growth, says Nordea Bank
May 08, 2017 22:44 pm UTC| Commentary Economy
Data released in April has given a mixed picture of the Chinese economy. Even if FX reserves came in upbeat, disappointing trade growth might be the start of a trend, noted Nordea Bank in a research report. This provides...
U.S. Treasuries gain ahead of FOMC members’ speech, 10-year auction
May 08, 2017 12:21 pm UTC| Commentary Economy
The U.S. Treasuries gained Monday as investors look forward to a host of speeches from the Federal Open Market Committee (FOMC) members, scheduled for later today and through the week. Also, 10-year note auction, due to be...
China’s export growth momentum likely to soften in Q2, outlook to remain stable through 2017
May 08, 2017 12:11 pm UTC| Economy Insights & Views
Chinas exports and imports data surprised negatively in April, suggesting that Chinas export growth momentum is likely to soften in Q2. Data released earlier on Monday that Chinas exports in April rose 8 percent...
USD/JPY likely to close 2017 at 117, says Scotiabank
May 08, 2017 10:55 am UTC| Commentary Economy
The Japanese yen (JPY) continues to reflect shifts in global investor sentiment and relative monetary policies. Perceptions of Japans sovereign creditworthiness have improved. During the end of April, Fitch Ratings...
UK gilts slide ahead of BoE’s monetary policy meeting, March manufacturing production
May 08, 2017 10:05 am UTC| Commentary Economy
The UK gilts slid Monday as investors wait to watch the Bank of Englands (BoE) monetary policy meeting, scheduled to be held on May 11. Also, the countrys manufacturing production for the month of March will be eyed for...
German bunds gain on higher investor preference over French bonds post Macron’s victory
May 08, 2017 08:47 am UTC| Commentary Economy
The German bunds gained Monday as investors showed higher buying preference in exchange for the sale of French bonds after the significant victory of Far Right candidate Emmanuel Macron in the overnight French elections....
May 08, 2017 07:45 am UTC| Commentary Economy
The full-year gross domestic product (GDP) of Indonesia is seen at 5.1 percent, down from the earlier forecast of 5.3 percent, given the slightly underwhelming GDP data for the first quarter of this year. Sustained...
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