German 10-year bund yields hit lowest since February on rising political concerns

Apr 10, 2017 08:44 am UTC| Commentary Economy

The German 10-year bund yields hit lowest Monday since February this year from mounting political uncertainty ahead of a number of crucial elections in the euro zone. The yield on the benchmark 10-year bond, which moves...

China and U.S. agree to 100-day plan for fair trade

Apr 10, 2017 08:34 am UTC| Commentary

To avert a trade war with the United States, China has reportedly agreed to provide concessions to the inbound products and services from the United States. After holding a two-day meeting, the administrations of the US...

Central Banking Series

Banxico likely to raise rates further in near-term, tracking similar move by the U.S. Fed

Apr 10, 2017 07:43 am UTC| Commentary Central Banks Economy

The central bank of Mexico is expected to raise its benchmark interest rate further in the near term, especially in the context of a tightening move by the United States Federal Reserve. The central bank has increased...

Kospi and won decline as US sends aircraft carriers to waters off Korea

Apr 10, 2017 07:36 am UTC| Commentary

The South Korean benchmark stock index, KOSPI is down for a fifth consecutive day and suffered the biggest daily decline in more than a month as the United States sends it warship near the Korean Peninsula in response to...

JGBs remain mixed in subdued trading session; investors eye 30-year auction

Apr 10, 2017 06:56 am UTC| Commentary Economy

The Japanese government bonds remained mixed Monday, as investors remain muted in subdued trading session. Also, market participants are curiously eyeing the 30year auction, scheduled to be held on April 13 for detailed...

US air strikes in Syria jeopardize peace prospects

Apr 10, 2017 06:53 am UTC| Commentary

US air strikes on a Syrian airbase, from where alleged chemical weapons attacks were conducted have seriously jeopardized the peace prospects and possibly killed the hope that the Trump Presidency in the United States...

Rebound in energy prices unlikely to extend further support to CAD in medium term, says Scotiabank

Apr 10, 2017 06:36 am UTC| Economy Commentary

The Canadian dollar (CAD) has benefited from a run of stronger-than-expected data in the early part of the year that possibly does not fully reflect some of the ongoing challenges in the composition of and momentum behind...