Subdued trade likely to persist in Asia following Trump’s protectionist policies

Nov 18, 2016 06:27 am UTC| Commentary Economy

The Asian economies are expected to witness subdued trade in the coming months, following the severe protectionist policies to be followed by the United States President-elect Donald Trump. Also, Trump-style protectionism,...

Yields on 10-year JGBs hit highest since February on hawkish Yellen’s testimony; BoJ’s intervention to continue, says Kuroda

Nov 18, 2016 06:22 am UTC| Commentary

The Japanese government bonds slumped Friday after the Federal Reserve Chair Janet Yellen in her testimony to the Joint Economic Committee (JEC) of Congress said that there is a higher possibility for an interest rate hike...

NZ consumer confidence surges to 19-month high in November on robust economic outlook

Nov 18, 2016 05:50 am UTC| Commentary Economy

Consumer confidence in New Zealand surged to a 19-month high during the period of November, following robust economic outlook over the countrys upbeat performance in the employment and dairy prices sector. Also, lower...

Central Banking Series

Central Banking Series

Central Banking Series

Janet Yellen to stay full term, Fed likely to hike in December

Nov 18, 2016 05:42 am UTC| Commentary Economy Central Banks

There are two major takeaways from Federal Reserve chair Janet Yellens testimony before ajoint congressional committee on economic affairs; one she is here to stay, at least till her term ends and secondly, Fed is very...

U.S housing starts surge to over nine year high in October, homebuilding likely to continue rising

Nov 18, 2016 05:36 am UTC| Commentary

U.S. housing starts increased sharply in October to post recessionary high. It rose by 269k units to 1,323k units (annualized), marking an over 9-year high and exceeding expectations of a more moderate rebound to 1,156k...

New Zealand bonds close lower following weakness in U.S. Treasuries

Nov 18, 2016 05:35 am UTC| Commentary

The New Zealand government bonds closed lower Friday as investors moved away from thesafe-haven buying amid following weakness in the U.S. Treasuries. Also, bond prices slumped after the U.S. 10-year Treasury yields...

Australian bonds slump on Yellen’s hawkish comments, 10-year yields hit highest this year

Nov 18, 2016 05:18 am UTC| Commentary

The Australian government bonds slumped Friday after the Federal Reserve Janet Yellen said that recent upbeat economic data strengthened the case of December rate hike. Also, rising probability of a December rate hike...