ECB’s Lane says current bond turmoil is ‘not disorderly’
The ongoing turmoil in euro zone bond markets, centred around France, is not disorderly, European Central Bank Chief Economist Philip…
China’s sluggish May economic data to increase calls for rate cuts
Rates still on hold but likelihood of cuts are rising The People’s Bank of China kept the one-year medium-term lending…
Japan core machinery orders down in April but seen firming up ahead
Japan’s core machinery orders fell in April for the first time in three months, government data showed on Monday, due…
UK industry wants better strategy and EU ties from next government, Make UK says
Britain’s manufacturers want the next government to deliver a formalindustrial strategy and forge closer trade ties with the European Union,…
Greece’s Jan-May primary budget surplus beats target
Greece reported a higher-than-targeted primary budget surplus of 3.15 billion euros ($3.37 billion) for the January-May period on higher tax…
The Group of Seven is bruised but much needed
The Group of Seven is the “steering committee of the free world”. Or so said U.S. National Security Advisor Jake…
Fed’s Kashkari says ‘reasonable’ to predict December rate cut
Minneapolis Federal Reserve President Neel Kashkari said it’s a “reasonable prediction” that the U.S. central bank will cut interest rates…
BOJ to forgo July rate hike, taper $152 bln per year, says ex-policymaker
The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annuallyin new guidance…
India: Crude import bill up 21.4% in April-May
India’s crude oil imports in the first two months of the current fiscal increased by almost 6% to 43.1 million…
EU leaders to discuss top jobs with line-up seemingly set
European Union leaders will debate policy goals for the next five years from defence to the economy, and who to…