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

Audi appraises its joint-venture with IOTA amid bearish atmosphere – IOTA slides back below 7-DMAs

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

New Zealand house sales drop sharply in November, underlying price pressures likely to moderate gradually

U.S. private sector output grows strongly in December, service sector growth decelerates again

Fed Hike aftermath Series: Hike probabilities over coming meetings

German bunds jump after December manufacturing PMI disappoints investors

Brent crude oil likely to reach USD75/bbl in Q1 2019; U.S. shale output seen rising over next 18 months: ANZ Research

Why South African community's win against mining company matters

Why Brexit is causing turmoil for the pound and other markets

Central Bank of Turkey keeps interest rate on hold at 24 pct

JGB yields bruised by weak Chinese economic data; Nikkei 225 down nearly over 2 pct at close

‘Start-up nation’: a symptom, but of what?

FxWirePro: The Day Ahead- 14th December 2018

Cheap oil is blocking progress on climate change

U.S. import prices fall sharply in November on decline in energy and food prices

JGBs gain on first trading day ahead of November trade balance data, BoJ’s monetary policy decision

U.S. 10-year Treasury yield likely to drift lower going forward, stay consistent with US fundamentals: Scotiabank

Wednesday, November 21, 2018 6:34 AM UTC
0
comments

The United States’ 10-year Treasury yield is expected to drift lower in general going forward, staying consistent with US fundamentals, according to the latest research report from Scotiabank.

The recent US stock selloff sparked risk aversion that has pulled the 10-year UST yield markedly lower. As we know, a stock market retreat if it deepens would noticeably curtail personal spending and economic growth, known as the wealth effect.

US Democrats winning back the House will dim chances for major stimulus initiative, eliminate the potential for more tax cuts and lower the nation’s future debt deficit. It is expected to drag down US economic growth in the year of 2019.

Further, a wider yield spread arising from a lower 10-year UST yield is expected to revive risk appetite in the coming sessions and prop up EM Asian currencies once again, although it could be temporary, the report added.

Top White House economic adviser Larry Kudlow said in an interview with Fox Business Network Tuesday that President Donald Trump is trying to "inject a note of optimism" into trade talks with China ahead of the planned meeting with Chinese President Xi Jinping.

Meanwhile, the US stock rout will raise the chance to deescalate US-China trade tensions at the upcoming Trump-Xi Summit set for December 1, although the Office of the USTR on Tuesday released a detailed 53-page report that accused China of continuing a state-backed campaign of intellectual property and technology theft.

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2018-12-17 08:16:48
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INDIAN PM MODI SAYS INDIA TO PROVIDE MALDIVES FINANCIAL ASSISTANCE OF $1.4 BLN
2018-12-17 08:10:39
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Latest Commitment of Traders positions (Equities and Bonds) as at December 4th 2018
2018-12-17 08:10:29
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HK’S HANG SENG INDEX CLOSES FLAT AT 26,087.98 POINTS
2018-12-17 08:09:36
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Latest Commitment of Traders positions (Commodities) as of December 11th 2018
2018-12-17 08:05:34
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PORTUGAL’S PSI20 DOWN 0.39 PERCENT AT 4,784.94 POINTS
2018-12-17 08:05:13
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GERMANY'S DAX DOWN 0.1 PCT
2018-12-17 08:03:41
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TURKISH NOV BUDGET BALANCE +7.6 BILLION LIRA --FINANCE MINISTRY
2018-12-17 08:02:41
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SLOVAK NOVEMBER EU-NORM CPI 2.0 PCT Y/Y
2018-12-17 08:02:28
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TURKEY NOV 2018 BUDGET BALANCE INCREASE TO 7.6 TRY VS PREV -5.4 TRY
2018-12-17 08:02:19
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SLOVAK NOVEMBER EU-NORM CPI -0.1 PCT M/M
2018-12-17 08:02:00
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FRANCE'S CAC 40 DOWN 0.3 PCT, SPAIN'S IBEX DOWN 0.4 PCT
2018-12-17 08:01:37
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ITALY’S FTSE MIB DOWN 0.05 PERCENT AT 18,901.19 POINTS IN EARLY DEALS
2018-12-17 08:01:21
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EUROPE'S STOXX 600 DOWN 0.2 PCT
2018-12-17 08:01:12
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EURO STOXX INDEX DOWN 0.2 PCT
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EURO ZONE BLUE CHIPS DOWN 0.2 PCT
2018-12-17 08:00:16
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CZECH REPUBLIC NOV 2018 PPI YY STAYS FLAT AT 3.9 % (FCAST 3.7 %) VS PREV 3.9 %
2018-12-17 08:00:12
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CZECH REPUBLIC NOV 2018 PPI MM DECREASE TO -0.1 % (FCAST -0.4 %) VS PREV 0.7 %
2018-12-17 07:55:28
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AUSTRIA NOVEMBER HICP 0.0 PCT M/M VS 0.5 PCT PREVIOUS MONTH - STATS OFFICE
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Economics Monitor

December 17 08:00 UTC Released

TRBudget Balance

Actual

7.6 Bln TRY

Forecast

Previous

-5.4 Bln TRY

December 17 08:00 UTC Released

CZPPI YY

Actual

3.9 %

Forecast

3.7 %

Previous

3.9 %

January 31 00:00 UTC 461322461322m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 461322461322m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 473142473142m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 461322461322m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 473142473142m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 461322461322m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 461322461322m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 461322461322m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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