JGBs slide tracking weakness in U.S. Treasuries; strong demand at 10-year auction limits downfall
Mar 02, 2017 06:16 am UTC| Commentary
The Japanese government bonds slid Thursday, tracking weakness in U.S. Treasuries; however, strong demand at the 10-year auction held earlier today has cushioned a steeper fall in bond prices. Further, expectations of a...
RBNZ likely to hike official cash rate around mid-2018, says ANZ Research
Mar 02, 2017 05:47 am UTC| Commentary Central Banks
The Reserve Bank of New Zealand (RBNZ) is expected to raise its official cash rate (OCR) probably around mid-2018, even though at the February Monetary Policy Statement, the RBNZ remained very neutral and today that was...
Mar 02, 2017 05:27 am UTC| Commentary Economy
USD/EM Asian currencies are anticipated to trade with a weakening bias in the run-up to March Federal Open Market Committee (FOMC) meeting. Meanwhile, upside room for the greenback is modest only prior to March FOMC...
New Zealand bonds close tad higher post RBNZ Governor Wheeler's 'neutral' economic outlook
Mar 02, 2017 05:18 am UTC| Commentary
The New Zealand government bonds ended the session tad higher Thursday after the Reserve Bank of New Zealand Governor Graeme Wheeler maintained neutral economic and policy outlook, besides, adding that risks remain tilted...
FxWirePro: The Day Ahead- 2nd March 2017
Mar 02, 2017 04:17 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Trade balance for January came at $1.3 billion. Building permits increased...
Australian bonds rise modestly following weaker-than-expected January trade balance
Mar 02, 2017 04:10 am UTC| Commentary
The Australian bonds rose modestly Thursday, following weaker-than-expected trade balance during the month of January. Further, investors will also be focussing on the Reserve Bank of New Zealands (RBNZ) monetary policy...
UK manufacturing PMI misses expectations, slips to a 3-month low in February
Mar 01, 2017 16:43 pm UTC| Commentary
UK manufacturing PMI, the first out of three PMIs released by Markit showed earlier on Wednesday that UK manufacturing failed to rev up in February. UK Markit manufacturing PMI fell to 54.6 in February, down from 55.9 in...