Jan 27, 2017 07:17 am UTC| Commentary
The Indian government bonds snapped a long streak of rally on the last trading day of the week ahead of the INR110 billion central government bond auction scheduled for later in the day. Also, investors remain worried over...
Indonesia FDI dips slightly in 2016 on lower inflows in mining sector
Jan 27, 2017 06:55 am UTC| Economy Commentary
Indonesia total foreign direct investment (FDI) came in at 28.9 billion U.S. dollar (USD) in 2016, tad lower than the USD 29.3 billion recorded a year earlier, reported the Investment Coordinating Board of Indonesia...
Jan 27, 2017 06:45 am UTC| Economy Commentary
Singapore industrial production jumped unexpectedly in December. This was another month of a good showing in the industrial production index but the outcome is way above expectation. Headline industrial production...
JGBs climb after BoJ surprises with bond-buying plans, policy meeting in focus next week
Jan 27, 2017 06:43 am UTC| Commentary
The Japanese government bonds climbed steadily Friday after the Bank of Japan (BoJ) surprised markets, by unveiling its bond-buying plans, wherein it raised the purchase operation of long-term bonds. However, investors...
U.S. Fed likely to keep rates on hold in February, may hike in June and December
Jan 27, 2017 06:40 am UTC| Commentary
The U.S. Fed is expected to keep the fed funds target range at 0.50 percent to 0.75 percent in February, consistent with market pricing and consensus, noted Danske Bank in a research report. The upcoming meeting will not...
U.S. new home sales fall in December, likely to rise gradually in H1 2017
Jan 27, 2017 06:19 am UTC| Commentary
New home sales in the U.S. ended last year on a weak footing due to higher mortgage rates. Also the winter weather is expected to have put off some potential homebuyers. In December, new home sales dropped 10.4 percent to...
U.S. service sector grows in January at most rapid pace since November 2015
Jan 27, 2017 05:55 am UTC| Commentary
The U.S. service sector grows in January 2017 at the most rapid rate seen since November 2015. The data for January has hinted at a positive start to the year for the service sector. The Markit Flash U.S. Services PMI...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood