
Italy’s economic growth to remain at 1 pct in 2017, fall to 0.7 pct next year: NORD/LB Bank
Aug 03, 2017 10:39 am UTC| Commentary Economy
The leading universal bank in the north of Germany, NORD/LB in its latest report said that the Italian economy is still not exactly in the best of the condition. The relevant sentiment indicators polled by Italys National...

RBNZ likely keep official cash rate unchanged next week, hike by August 2018: Westpac Research
Aug 03, 2017 09:53 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is expected to hold its August interest rate setting meeting on Thursday, August 10, but it will be released on Wednesday at 2100 GMT. An Australian bank and financial-services...
Eurozone periphery bonds trade lower tracking higher-than-expected June retail sales
Aug 03, 2017 09:36 am UTC| Commentary Economy
The Eurozone periphery bonds traded lower Thursday tracking a higher-than-expected reading of the regions retail sales for the month of June. However, a 6-month low composite PMI for July cushioned deeper fall in bond...

BoC turning the tables on the CAD, says Crédit Agricole CIB
Aug 03, 2017 08:06 am UTC| Commentary Economy
The Bank of Canada embarked on its first policy tightening cycle since 2010 a week ago, affirming and expanding the current bounce back in the CAD. The provoke begin to the BoCs tightening campaign nine months earlier...
New Zealand bonds sharply rally at close on safe-haven demand in muted trading
Aug 03, 2017 06:56 am UTC| Commentary Economy
The New Zealand bonds rallied sharply at the time of closing Thursday as investors poured into safe-haven assets amid ongoing global political disturbances and as investors remained muted in a silent trading session that...

China’s new business growth softens to 16-month low, Caixin PMI modestly lower in July
Aug 03, 2017 06:13 am UTC| Commentary Economy
Chinas services economy lost further momentum at the start of the third quarter, with July data signalling weaker increases in both activity and new orders. Overall, new business expanded at the slowest rate in 16 months,...
Japanese bonds trade flat in subdued trade, no major changes likely this week
Aug 03, 2017 04:58 am UTC| Commentary Economy
The Japanese bonds traded nearly flat Thursday as market observed little trading activity in the light of no important economic data or events. The yield on the benchmark 10-year Treasury note, which moves inversely to...