Taiwan’s exports orders likely to have grown in October, indicates external demand recovery
Nov 21, 2016 06:19 am UTC| Commentary
Taiwans export orders growth is expected to have remained firmed in October. Growth in exports orders had alleviated to 3 percent year-on-year in September from 8.3 percent year-on-year, partially because of a solid...
New Zealand’s retail sales rise in Q3 on increased vehicle sales
Nov 21, 2016 06:08 am UTC| Commentary
New Zealands retail sales came in line with market consensus in the third quarter. The overall sales volumes rose 0.9 percent, as compared with a larger 2.2 percent rise recorded in the second quarter. On a year-on-year...
Nov 21, 2016 06:06 am UTC| Commentary Economy
The USD/CNY currency pair is expected to reach 6.85 by end of this year and 7.20 by end of 2017. However, the depreciation pressure will likely continue through next year as well, with the CNY anticipated to remain...
New Zealand bonds close tad higher in subdued trade
Nov 21, 2016 05:58 am UTC| Commentary
The New Zealand government bonds closed a tad higher Monday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. The yield on the benchmark 10-year bond,...
Thai economic growth slows in Q3 on subdued domestic demand
Nov 21, 2016 05:27 am UTC| Commentary
Thailands economic growth slowed in the September quarter, thanks to widespread deceleration in domestic demand. The countrys GDP growth eased to 3.2 percent year-on-year from second quarters 3.5 percent. On a...
Japan exports witness 13th straight month of fall in October on stronger yen, sluggish global demand
Nov 21, 2016 05:26 am UTC| Commentary Economy
Exports in Japan witnessed a 13th straight month of fall during the period of October, following strength in the local currency, amid a sluggish global demand. However, the current weakness in the yen may alter the trade...
Australian bonds gain on short covering, likely to fall on recovery in energy prices
Nov 21, 2016 05:23 am UTC| Commentary
The Australian government bonds gained Monday as investors covered last weeks short positions. We foresee that the bond yields will recover from the previous session lows following a recovery in energy prices. The yield...