Currency War Series

Brazilian central bank slashes interest rate, citing Trump-related global uncertainties

Dec 01, 2016 06:07 am UTC| Commentary Central Banks Economy

The central bank of Brazil has slashed interest rates in the monetary policy meeting held Wednesday, as was widely expected by market participants, citing US President-elect Trump-related global uncertainties that are...

JGBs slump across the curve as firm energy prices lift inflation expectations

Dec 01, 2016 05:48 am UTC| Commentary

The Japanese government bonds slumped Thursday as investors moved away from the safe-haven buying amid rising crude oil prices that lifted inflation expectations. The benchmark 10-year bond yield, which moves inversely...

New Zealand bonds gain slightly at close as investors cover previous short positions

Dec 01, 2016 05:26 am UTC| Commentary

The New Zealand government bonds closed slightly higher as investors covered previous short positions at the end of the trading session on Thursday. The yield on the benchmark 10-year bond, which moves inversely to its...

Indonesia’s consumer price inflation accelerates above expectations in November

Dec 01, 2016 05:15 am UTC| Commentary

Indonesian consumer price inflation accelerated in November, surprising on the upside. It came in more than consensus expectations. On a year-on-year basis, Indonesias inflation accelerated to 3.58 percent in November from...

U.S. pending home sales rise marginally in October, shows steady improvement in housing sector

Dec 01, 2016 05:13 am UTC| Commentary Economy

Pending home sales in the United States marginally rose during the month of October, showing off a steady improvement in the housing sector through this year and next. Also, a limited quantity of existing home inventories...

Canadian real GDP growth rebounds in Q3, but unlikely to grow at significant pace in 2017

Dec 01, 2016 05:12 am UTC| Commentary

Canadas real GDP growth rebounded in the third quarter. The economy expanded at an annual pace of 3.5 percent, recovering largely from the previous quarters revised decline of 1.3 percent. The nominal GDP grew 6.1 percent,...

Australian 10-year bond yields hit highest since December last year as OPEC agrees to lower production

Dec 01, 2016 05:00 am UTC| Commentary

The Australian 10-year bond yields hit highest since December last year on Thursday after OPEC nations agreed to their first production cut in eight years at Vienna. The yield on the benchmark 10-year Treasury note,...