S&P affirms Singapore's rating at 'AAA/A-1+' on robust public finances; outlook stable

Apr 12, 2017 15:41 pm UTC| Commentary Economy

SP Global Ratings agency has affirmed its unsolicited AAA long-term and A-1+ short-term sovereign credit ratings on the Republic of Singapore. The outlook remains stable. It also affirmed the axAAA long-term and axA-1+...

How wage growth contributes to the economy

Apr 12, 2017 15:10 pm UTC| Insights & Views Economy

The Fair Work Commission is considering whether to increase Australias minimum wage. The Australian Council of Trade Unions is arguing for a A$45-a-week rise. Industry, arguing that currently business has limited ability...

Central Banking Series

Fed likely to commence reducing its balance sheet later this year or in early 2018, says ANZ

Apr 12, 2017 12:53 pm UTC| Economy Commentary Central Banks

The Fed looks set to commence reducing its balance sheet later this year or in early 2018, reported ANZ in its research note. The Fed to phase out its reinvestments because ceasing immediately would provide too abrupt a...

U.S. Treasuries gain ahead of FOMC member Kaplan’s speech

Apr 12, 2017 12:34 pm UTC| Commentary Economy

The U.S. Treasuries gained Wednesday ahead of the Federal Open Market Committee (FOMC) member Robert Kaplans scheduled speech later in the day. The yield on the benchmark 10-year Treasury remained slumped nearly 2 basis...

Swedish inflation at 5-month low in March, Riksbank tightening measures still long way off

Apr 12, 2017 12:08 pm UTC| Insights & Views Economy Central Banks

Swedens inflation eased more than expected to a five-month low in March. Swedens inflation fell to 1.3 percent in March, missing expectations at 1.5 percent in a Reuters poll, data released by Statistics Sweden showed on...

Central Banking Series

Bank of Canada monetary policy preview

Apr 12, 2017 11:42 am UTC| Commentary Economy Central Banks

Today Bank of Canada (BoC) is to provide further guidance in policy meet. The result of the monetary policy meeting is scheduled to be announced at 14:00 GMT, followed by a press conference with the governor at 15:15...

UK gilts continue to fall post February unemployment rate, BoE Governor Carney’s speech

Apr 12, 2017 11:13 am UTC| Commentary Economy

The UK gilts continued to fall Wednesday after reading the countrys unemployment report, for the month of February. The yield on the benchmark 10-year gilts, which moves inversely to its price, rose 1 basis point to...