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German bunds jump after December manufacturing PMI disappoints investors

Why South African community's win against mining company matters

U.S. retail sales likely to have grown modestly in November

Commodities snapshot (energy)

U.S. Treasuries mixed amid revival in investors’ risk sentiments as U.S.-China trade talks progress; eyes on November CPI

U.S. Treasuries climb ahead of November retail sales, December manufacturing PMI data

U.S. industrial production rises strongly in November

Angel investors, not entrepreneurs, need government support

U.S. initial jobless claims fall significantly in early December

Fed Hike aftermath Series: Hike probabilities over coming meetings

Australian bonds gain amid hopes of Sino-U.S. trade resolution; weak Chinese data support debt-buying

Czech economic growth likely to reach around 3 pct in 2018 – Ertse Group Research

Italian industrial turnover index falls sequentially in October, rises year-on-year

FxWirePro: The Day Ahead- 14th December 2018

Prison is expensive – worth remembering when we oppose parole

Australian bonds gain amid concerns over slowing global growth; December RBA meeting minutes in focus

German bunds gain after Q3 GDP falls, albeit better than expectations; 10-year auction in focus

Wednesday, November 14, 2018 9:18 AM UTC
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The German bunds gained during European session Wednesday following a fall in the country’s gross domestic product (GDP) for the third quarter of this year, released today, albeit better than market expectations.

Investors will now look forward to the country’s 10-year auction, scheduled to be held today by 10:40GMT for further direction in the debt market.

The German 10-year bond yields, which move inversely to its price, fell 2 basis points to 0.388 percent, the yield on 30-year note also slipped nearly 2 basis points to 1.037 percent and the yield on short-term 2-year lost nearly 1-1/2 basis points to -0.643 percent by 09:00GMT.

The gross domestic product (GDP) in the third quarter of 2018 - adjusted for price, season and calendar - was 0.2 percent lower than in the second quarter of 2018, according to the Federal Statistical Office (Destatis). This is the first quarter-on-quarter decline since the first quarter of 2015. In the first half of 2018, GDP had risen by 0.5 percent in the second and 0.4 percent in the first quarter.

Compared to the previous year, price-adjusted GDP was 1.1 percent higher in the third quarter of 2018 (calendar- adjusted: 1.1 percent), after 2.3 percent in the second (calendar-adjusted: 2.0 percent) and 1.4 percent in the first quarter of 2018 ( calendar-adjusted: 2.1 percent).

Economic output in the third quarter of 2018 was provided by 45.0 million domestic workers, or 556 000 people, or 1.3 percent more than a year earlier.

Meanwhile, the German DAX fell 1.10 percent to 11,345.21 by 09:15GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index remained slightly bearish at -85.97 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex

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Economics Monitor

December 17 07:00 UTC Released

TRIndustrial Prod Adj YY

Actual

-5.7 %

Forecast

-4 %

Previous

-2.7 %

December 17 07:00 UTC Released

NOTrade Balance

Actual

26.2 0

Forecast

Previous

34.9 0

January 31 00:00 UTC 461230461230m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 461230461230m

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Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 473050473050m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 461230461230m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 473050473050m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 461230461230m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 461230461230m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 461230461230m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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