Australia 10-year bond yield reaches near 4-month high tracking U.S. counterpart on possibility of Fed re-shuffle, global sell-off

Jan 19, 2018 04:31 am UTC| Commentary Economy

Australian 10-year government bond yields hit a near 4-month high on the last trading day of the week, tracking similar sound in the U.S. counterpart, following a possibility of a re-shuffling in the United States Federal...

New Zealand inflation likely to have remained broadly stable in Q4

Jan 18, 2018 21:31 pm UTC| Commentary

New Zealand inflation data for the fourth quarter of 2017 is set to be released next week. According to an ANZ research report, headline inflation is expected to have risen 0.4 percent sequentially, which would see annual...

Norges Bank likely to keep rates on hold in January – Nordea Bank

Jan 18, 2018 20:53 pm UTC| Commentary

Norges Bank is set to meet for its interest rate decision next week. According to a Nordea Bank research report, the central bank is expected to stay on hold. There will be no new rate path, but the main message would be...

Canadian manufacturing sales likely rebounded in November

Jan 18, 2018 20:22 pm UTC| Commentary

Canadian manufacturing sales are likely to have rebounded in November. According to a TD Economics research report, Canadas manufacturing sales are expected to have grown strongly by 2.1 percent sequentially, led by a...

U.S. jobless claims fall in mid-January, in line with robust labor markets

Jan 18, 2018 19:33 pm UTC| Commentary

U.S. jobless claims drop in mid-January. In the week ended 13 January, initial jobless claims fell to 220k from 261k, below consensus expectations of 150k. Claims around this level were last seen in the early 1970s. The...

U.S. homebuilding activity disappoints in December 2017, but likely to pick-up gradually

Jan 18, 2018 18:46 pm UTC| Commentary

Homebuilding activity in the U.S. moderated in the month of December. Housing starts recorded a measly 1,192k at an annualized rate, marking a drop of 107k from the slightly upwardly revised November print. The headline...

Bank Indonesia keeps interest rate unchanged at 4.25 pct, likely to keep rate on hold through 2018

Jan 18, 2018 17:31 pm UTC| Commentary Central Banks

The Indonesian central bank, Bank Indonesia stood pat in January. BI kept the policy rate on hold at 4.25 percent, with a neutral policy stance. On the economy, the Bank Indonesia kept its growth projection for 2017...