U.S. Treasuries climb on worsening investors’ sentiments as Trump triggers trade worries; FOMC members’ speeches in focus

Mar 23, 2018 11:45 am UTC| Commentary Economy

The U.S. Treasuries climbed Friday as investors sentiments deteriorated amid fears of a trade war, ignited by Trumps trade tariff decision. Also, investors are awaiting a host of FOMC members speeches members Bostic,...

Global Geopolitical Series: Trade war is on with China announcing retaliatory tariffs on $3 billion U.S. goods against United States’ $60 billion

Mar 23, 2018 10:18 am UTC| Commentary Economy

Time for speculations is over. The much-anticipated trade war is here with U.S. and China exchanging retaliatory tariff moves. On Thursday, President Trump unveiled a section 301 action with a broad aim to reduce U.S....

German bunds slide in muted trading; worries over Trump’s trade war continue

Mar 23, 2018 09:58 am UTC| Commentary Economy

The German bunds remained narrowly mixed Friday as investors remained sidelined in any major trading activity amid lack of economic data that carried major significance. Also, United States President Donald Trump-initiated...

EUR/GBP seen at 0.86 in 6 months, at 0.84 in 12 months: Danske Bank

Mar 23, 2018 08:12 am UTC| Commentary Economy

The EUR/GBP currency pair is targeted to be seen at 0.86 level within the next 6 months and at 0.84 level over the course of next 12 months. Although the Brexit transition deal is, other things being equal, positive news,...

10-year JGB yields slump to over 4-month low on solid safe-haven demand following global trade tensions

Mar 23, 2018 05:56 am UTC| Commentary Economy

The Japanese 10-year government bond yields slumped to lowest in four months as investors poured into safe-haven instruments amid a slide in riskier equities, following rising tensions over a global trade war, sparked by...

Eurozone economy is unlikely to run out of steam, forecasts to grow 2.8 pct in 2018: DZ Bank AG

Mar 23, 2018 05:02 am UTC| Commentary Economy

The eurozone economy is not expected to run out of steam in the near-term and is expected to grow by 2.8 percent through this year, according to a recent report from DZ Bank AG. The economy grew by 0.6 percent compared...

Australian 10-year bond yield hits lowest in 2-1/2 year low on growing angst over trade war

Mar 23, 2018 03:11 am UTC| Commentary Economy

Australian government bonds gained across the curveFridayon growing angst over trade war between two biggest economies of the world. This was largely driven by the firmness in the U.S. Treasuries, which saw considerable...