Australian bonds rebound on weak risk appetite; OPEC’s decision in focus

Nov 28, 2016 05:09 am UTC| Commentary

The Australian government bonds rebounded Monday as investors poured into safe-haven instruments amid losses in riskier assets including equities and crude oil. The yield on the benchmark 10-year Treasury note, which...

Canada budget deficit widens in September; BoC forecasts 1.1 pct growth in 2016

Nov 28, 2016 05:08 am UTC| Commentary Economy

The budget deficit in Canada widened during the month of September, following adecline in tax receipts during the period, compared to a year earlier. Also, the Bank of Canada expected the economy to expand by 1.1 percent...

Asian markets mixed, gold and silver up more than 1 pct in early hours of Asia

Nov 28, 2016 04:02 am UTC| Commentary

All the Asian indices were trading on a mixed note on the start of a new week. On the other side, gold and silver were trading higher in early hours of Asia. Gold was trading around $1,192 and silver was trading around...

Chart of the Day Series

Chart of the Day: Negative sovereign bond universe

Nov 25, 2016 17:23 pm UTC| Commentary Economy

Back in July 2015, the net outstanding amount of sovereign bonds trading in negative yield was about $4 trillion. Within a year that amount surpassed $10 trillion. But the recent selloffs in the bond market that started...

Metal Supply & Demand Series

China's copper scrap imports confirm weakness in underlying copper demand

Nov 25, 2016 17:05 pm UTC| Commentary

The release today of Chinas copper scrap import data confirmed weakness in underlying copper demand in the worlds largest copper consumer. Chinas copper scrap imports stood at a gross weight of 236k tones, the lowest since...

UK retail sales rise at fastest pace in 12 months to Nov, decent growth likely in the near-term

Nov 25, 2016 16:38 pm UTC| Commentary

According to the latest survey by the Confederation of British Industry, UK retail sales grew at their fastest rate in more than a year earlier in November as colder weather continued to boost clothing sales. Shoppers have...

Briferendum Aftermath Series

Italy referendum could be the third most disruptive event of 2016 after Brexit and US election

Nov 25, 2016 15:49 pm UTC| Commentary

Italians are set to go to the polls on 4 December to vote on constitutional changes amid renewed pledge from Prime Minister Matteo Renzi to resign if he loses Italys upcoming constitutional referendum. In an interview on...