Renminbi Series

Chinese yuan likely to remain relatively stable in near-term, to face some headwinds in H2: Scotiabank

May 02, 2017 08:22 am UTC| Commentary Economy

The yuan is expected to remain relatively steady amid tightened liquidity conditions in the months ahead. However, it will likely face some headwinds in the second half of the year as Chinas economic growth may slow...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Hike odds review ahead of FOMC tomorrow

May 02, 2017 07:36 am UTC| Commentary Central Banks

The US Federal Reserve is set to announce its interest rate decision tomorrow. In March, it has forecasted two more hikes of 25 basis points each, after increasing rates by 25 basis points in that meeting. However, as the...

French Election: Macron toughens stance towards EU while Le Pen softens to attract voters

May 02, 2017 07:09 am UTC| Commentary

With just days to go to the second round of French election that will be held on Sunday, May 7th, the two candidates are making minor changes to their stance in order to attract voters. The Front National candidate has...

New Zealand bonds close higher as investors await GDT price auction, Q1 employment report

May 02, 2017 06:16 am UTC| Commentary Economy

The New Zealand bonds rallied at the time of closing Tuesday as investors wait to watch the countrys GlobalDairyTrade price auction, scheduled to be held later in the day. Also, the countrys first quarter employment...

Indonesia Q1 GDP growth likely to come in at 5.1 pct y/y, to touch 5.3 pct this year: DBS Bank

May 02, 2017 05:51 am UTC| Commentary Economy

Indonesias gross domestic product (GDP) for the first quarter of this year is expected to come in at 5.1 percent y/y and is likely to touch 2.3 percent through this year, according to forecasts by the DBS Bank. While...

RBA monetary policy: Assessing future bias

May 02, 2017 05:26 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the global...

Australian bonds slump post RBA’s decision to stay pat; investors eye Governor Lowe’s speech

May 02, 2017 05:02 am UTC| Commentary Economy

The Australian government bonds slumped Tuesday after the Reserve Bank of Australia (RBA) maintained its benchmark cash rate on hold at its monetary policy meeting held today. The yield on the benchmark 10-year Treasury...