New Zealand bonds close mixed as investors eye GDT price auction, Q3 GDP
Dec 19, 2017 05:48 am UTC| Commentary Economy
New Zealand government bonds closed mixed Tuesday as investors wait to watch the countrys GlobalDairyTrade price auction, scheduled to be held later today and the third-quarter gross domestic product (GDP) data, due on...
Dec 19, 2017 05:40 am UTC| Commentary Economy
President Trumps tax proposal that was fine-tuned by the GOP lawmakers over the past several weeks likely to pass through Congress this week securing enough votes to assure its smooth passage. Both the White House and the...
JGBs nearly flat in subdued trade; BoJ’s policy decision in focus
Dec 19, 2017 04:20 am UTC| Commentary Economy
Japanese government bonds traded nearlyon Tuesdayas investors remain remained sidelined in any major deal ahead of the last Bank of Japans monetary policy meeting of 2017. The yield on the benchmark 10-year Treasury...
Australian bonds slump following RBA’s optimism over economic growth
Dec 19, 2017 03:14 am UTC| Commentary Economy
Australian government bonds slumpedon Tuesdayfollowing December Reserve Bank of Australia meeting minutes which displayed confidence in unemployment and inflation going forward. The yield on the benchmark 10-year...
China’s November property prices point towards continued moderation in overall prices
Dec 18, 2017 18:14 pm UTC| Commentary Economy
Chinas property prices in November indicated towards a continued moderation in overall prices but one that is led by the Tier 1 cities. This reflects government attempts to ease down on excessive price gains in the Tier 1...
New Zealand consumer confidence falls slightly in December
Dec 18, 2017 14:08 pm UTC| Commentary Economy
New Zealand consumer confidence index dropped in December. The ANZ-Roy Morgan Consumer Confidence Index eased to 121.8 from 123.7; however, it is still above the historical averages. But it is 8 points off the September...
U.S. Treasuries slump as Republicans expect tax reform bill effective this week
Dec 18, 2017 10:51 am UTC| Commentary Economy
The U.S. Treasuries slumped Monday after top Republicans said on Sunday they expected Congress to pass a tax code overhaul this week, with a Senate vote as early as Tuesday and President Donald Trump aiming to sign the...