Headwinds remain high in the Malaysian debt market; MYR remains Asia’s worst performer

Nov 25, 2016 12:29 pm UTC| Commentary Economy

The Malaysian debt market remains highly susceptible to the ongoing global headwinds with bond yields having increased by more than the rise in UST yields and the MYR being the worst performer in Asia (-6.1 percent against...

Central Banking Series

ECB expected to extend QE beyond March 2017, Italian politics to remain decisive in ECB policy meet

Nov 25, 2016 11:59 am UTC| Commentary Central Banks Economy

The European Central Bank is expected to extend its quantitative easing programme beyond March 2017 at its last monetary policy meeting this year, scheduled on December 8. Also, the Italian constitutional referendum, to be...

UK Q3 GDP shows high resilience post-Brexit, Q4 could see positive surprise

Nov 25, 2016 11:48 am UTC| Insights & Views Economy

The second reading of UK Q3 GDP matched original estimates and came in to show a growth of 0.5 percent during third quarter of 2016. It was the fifteenth consecutive quarter of positive growth since Q1 2013. On an...

Italy retail sales deteriorate in September on lower spending, uncertainty persists over referendum

Nov 25, 2016 11:17 am UTC| Commentary Economy

Retail sales in Italy deteriorated during the month of September, following lower consumer spending as uncertainty still persists over the outcome of the Italian constitutional referendum to be held on December 14. The...

Central Banking Series

ECB worried over Trump volatility

Nov 25, 2016 11:11 am UTC| Commentary Economy Central Banks

The volatility surge and the selloffs in the bond market post-Donald Trumps victory in the United States that pushed that yield gap between a German 2-year bond and a French 2-year bond to the highest level in 24 months...

Central Banking Series

Nerves rattle at Riskbank amid inflationary threat

Nov 25, 2016 10:03 am UTC| Commentary Central Banks Economy

As the bond selloffs showed its ugly head amid looming inflationary threat, it seems that nerves of central bankers are rattling all around the globe. In October Swedens Riskbank kept the rates at -0.5 percent but...

Briferendum Aftermath Series

The weaker pound is a mixed bag for UK PLC as rivals move to adapt

Nov 25, 2016 09:57 am UTC| Insights & Views Economy

The value of the pound plummeted after the Brexit referendum. From close to US$1.50 before the vote to leave the European Union, sterling has now found a new level close to US$1.20. This has been greeted as a welcome boost...