ECB calls to fine Eurozone governments lacking in reforms

Aug 01, 2017 08:01 am UTC| Commentary Economy

In a report published on Monday, the European Central Bank (ECB) has urged European Commission and leaders to fine Eurozone governments who have failed to pursue key economic reforms. ECB warned that a lack of progress...

New Zealand bonds slump at close on expectations of lower Q2 unemployment rate

Aug 01, 2017 06:10 am UTC| Commentary Economy

The New Zealand bonds slumped at the time of closing Tuesday on expectations that the countrys unemployment rate for the second quarter of this year will come in lower than the previous reading in Q1. Also, investors wait...

Australia weekly consumer confidence jumps to 22-week high on upbeat views towards economic conditions

Aug 01, 2017 05:24 am UTC| Commentary Economy

The ANZ-Roy Morgan Australian Consumer Confidence rose for the second straight week (up 2.9 percent) and now sits at its highest point since late February. Despite the jump in the headline index, the details were more...

Japanese bonds trade flat in subdued trade, no change in BoJ’s bond buying plan

Aug 01, 2017 04:02 am UTC| Commentary Economy

The Japanese bonds traded nearly flat Tuesday as market observed little trading activity in the light of no important economic data or events. Also, the BoJ maintained bond buying programme plan unchanged. The yield on...

Australian bonds slump of expectations of hawkish RBA

Aug 01, 2017 03:13 am UTC| Commentary Economy

The Australian bonds slumped Tuesday ahead of the RBAs Monetary Policy decision, and it is expected to remain optimistic in its outlook for the economy, while leaving its key interest rate unchanged at record low 1.50...

Italian industrial producer price index rises sequentially in June

Jul 31, 2017 23:01 pm UTC| Commentary Economy

The Italian industrial producer price index rose in June on a sequential basis. According to the Italian official statistics office, Istat, the total producer price index rose 0.3 percent sequentially. The producer price...

Euro area core inflation accelerates slightly in July, headline print likely to rise in months ahead

Jul 31, 2017 22:16 pm UTC| Commentary Economy

Euro areas core inflation accelerated a bit in July and begins to show an upward trend. This supports the view of a gradual ECB exit, noted Nordea Bank in a research report. The headline inflation continued to be slow at...