Long-dated gilt yields dive below short-dated ones at auction
Aug 17, 2016 11:28 am UTC| Commentary Central Banks
Long-dated government bond frenzy continues in the UK bond market and that has led to something you dont see every day. The demand is so high that investors bought 1.25 billion long-dated gilts at an average yield of 1.214...
What to watch out in today’s FOMC minutes?
Aug 17, 2016 10:45 am UTC| Commentary Central Banks
Today, Federal Reserve Open Market Committee (FOMC) will release the minutes of its July meeting, which is the biggest event risks for the dollar-based pairs. Todays minutes are of particular interest to have a feel of...
BoE’s package leads to a surge in bond issuance
Aug 17, 2016 08:45 am UTC| Commentary Economy Central Banks
The Bank of Englands (BoE) comprehensive package, especially the introduction of a 10 billion corporate bond purchases has triggered a mega surge in bond issuance from UK corporates as the companies join in to avail the...
Higher price makes BoE’s bond purchase operation smoother
Aug 17, 2016 07:11 am UTC| Commentary Central Banks
After a Bank of Englands (BoE) securities purchase auction failed to buy all the bonds it wanted to and failed short of 52 million, yields dropped sharply, and pushing bond prices higher. The central bank needs to purchase...
Fed Hike Aftermath Series: Hike odds climb to 50 percent on policymakers’ comments
Aug 17, 2016 06:09 am UTC| Commentary Central Banks Economy
The market is now evenly divided in its opinion of a rate hike from the U.S. Federal Reserve. After the Britons voted to exit from the European Union in the June referendum, hike odds for this year declined to 10 percent,...

Brexit vote changes UK inflation outlook, makes it harder for BoE to cut rates
Aug 16, 2016 11:19 am UTC| Insights & Views Economy Central Banks
Data released by the Office for National Statistics on Tuesday showed that UK annual inflation rate as measured by the Consumer Prices Index (CPI) rose to 0.6 percent in July from 0.5 percent in June, beating expectations...
FxWirePro: Commodity prices cushion AUD while RBA drives backseat for AUD/USD
Aug 16, 2016 09:47 am UTC| Insights & Views Central Banks
Amid the ongoing transition in Australias economy, the country continues to be a major resources producer, with much of its exports to the rest of the world made up of materials such as iron ore, coal, basic metals, and...