Recent consumption data seems favorable for Indonesian inflation outlook

Dec 02, 2016 06:22 am UTC| Commentary Economy

Recent consumption data still looks favorable for the Indonesian inflation outlook ahead. The recent uptick in crude oil price is worth monitoring, especially given the plan for an upward revision in domestic electricity...

New Zealand bonds end week on soft note following global bond rout

Dec 02, 2016 05:55 am UTC| Commentary

The New Zealand government bonds ended the week on a softer note following the current rout in the global debt market. The yield on the benchmark 10-year bond, which moves inversely to its price, closed 5-1/2 basis...

U.S. initial jobless claims rise above expectations, but continue to suggest sound labor market

Dec 02, 2016 05:49 am UTC| Commentary

The initial jobless claims in the U.S. for the week ended 26 November surged to 268,000, quite above the consensus expectations of 253,000. The four-week moving average also increased modestly to 252,000. There was also a...

MYR likely to remain vulnerable on Trumpflation and CNY depreciation despite rising oil prices, says Scotiabank

Dec 02, 2016 05:49 am UTC| Commentary Central Banks

The Malaysian ringgit is expected to stay vulnerable to market concerns on hovering Trumpflation risks and continued depreciation of yuan, even with increasing oil prices, noted Scotiabank in a research report. Crude oil...

South Korea economic growth rises in Q3, construction sector likely to lend further support

Dec 02, 2016 05:38 am UTC| Commentary Economy

Economic growth in South Korea rose during the third quarter of this year, with the construction sector expected to lend further support for the rest of this year and early next year. South Koreas economy grew a...

Chinese 10-year bond yields finally break 3 pct forecast mark, inch afar from 2016 high

Dec 02, 2016 05:30 am UTC| Commentary

The Chinese sovereign bonds were pushed lower across the curve Friday, following weakness in the U.S. debt market. Also, the 10-year bond yields finally breached our previous forecast of 3 percent mark, inching afar from...

Mexico’s November manufacturing PMI falls to lowest in three months

Dec 02, 2016 05:22 am UTC| Commentary

Mexicos November PMI data underlined a sustained upturn in production volumes as well as in incoming new work throughout the Mexican manufacturing sector, although the expansion rates easing in the months from November and...