Philip R. Lane: The rise in defence spending and the euro area economy
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..Ghana now ranks second globally, while Nigeria slips to third as South Korean equities rebound sharply Nigeria has lost its read more Nigeria’s five-week reign as world’s top stock market ends as…
The weak economic data indicate that the economy faces further downside risks that require a more effective policy response, says economist.
MUFG’s Derek Halpenny and Lee Hardman report that Japanese government bond yields are rising despite weaker-than-expected GDP, as markets focus on prospects for further Bank of Japan rate hikes.
Asian stocks mostly rose on Monday as investors assessed fresh data that tempered expectations for a US interest rate hike, but indicated weakness in the world's top economy.