New Zealand bonds surge at close in muted trading; investors eye GDT price auction early next week

Jan 12, 2018 05:48 am UTC| Commentary Economy

New Zealand government bonds surged on the last trading day of the week as investors remained side-lined in any major trading activity amid lack of major economic data. Also, investors will be eyeing the GlobalDairyTrade...

FxWirePro: The Day Ahead- 12th January 2018

Jan 12, 2018 05:07 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: December trade balance came at $54.69 billion with exports rising 10.9 percent y/y...

Australian long-term bonds continue downtrend on cues from upbeat retail sales data, buoyant Chinese exports

Jan 12, 2018 04:41 am UTC| Commentary Economy

Australian government bonds slumpedon Wednesdayfollowing board weakness in the U.S. Treasuries. Yields on the benchmark 10-year US Treasury hit a nine-month high overnight, climbing to 2.5 percent after the Bank of Japans...

U.K. consumer credit growth likely to slow down further – Daiwa Capital

Jan 11, 2018 21:44 pm UTC| Commentary Economy

Figures that were released last week have indicated that unsecured credit growth in the U.K. eased in the month of November to 9.1 percent year-on-year. This is the weakest rate in nearly two years. According to BoE Credit...

U.S. business inventories likely to have risen in November – Wells Fargo

Jan 11, 2018 20:16 pm UTC| Commentary

U.S. business inventory data is set to be released this week. Businesses in October had dialed back inventories on the month for the second time in 2017. The entire fall was in the wholesale sector, which dropped 0.5...

U.S. jobless claims rise in first week of January

Jan 11, 2018 19:33 pm UTC| Commentary

Jobless claims in the U.S. rose in the first week of January. In the week ended 6 January, initial jobless claims increased 11,000 to 261k from an unrevised 250k a week ago. The rise brought the four-week moving average to...

U.S. producer prices fall in December; headline CPI likely to have risen

Jan 11, 2018 18:23 pm UTC| Commentary

U.S. producer prices dropped in December, coming in below consensus projections. Producer prices fell 0.1 percent sequentially, as compared with the consensus expectations of 0.2 percent. Stripping energy, food and trade,...