JGBs slump following weakness in U.S. Treasuries, Fed December rate hike probability jumps
Nov 11, 2016 07:22 am UTC| Commentary
The Japanese government bonds plunged Friday following weakness in the U.S. Treasuries. The implied probability of the Federal Reserve December rate hike jumped to 80 percent on Trumps inflation spectre. The benchmark...
FxWirePro: Keep riding the bund (short call review)
Nov 11, 2016 07:18 am UTC| Commentary Economy
In an article published on October 26th, we recommended selling 10-year bund after abreakout of 162.5 area with thefirst target being around 160 area and we forecasted the bund to drop towards 153 area. The story is...
Malaysia’s current account surplus widens in Q3 on higher goods account surplus
Nov 11, 2016 06:50 am UTC| Commentary
In the third quarter of this year, Malaysian current account surplus widened from the previous quarter. According to the Department of Statistics Malaysia, the current account balance came in at MYR 6 billion, an increase...
Nov 11, 2016 06:49 am UTC| Commentary
The South Korean 10-year bond yields hit highest in 8 months Friday after the Bank of Korea in its November monetary policy meeting kept its interest rate unchanged at record low level of 1.25 percent. Also, Treasury...
Bank of Korea keeps base rate unchanged at record low level
Nov 11, 2016 06:47 am UTC| Commentary Central Banks
The Bank of Korea kept its policy on hold today for the fifth consecutive month. The Monetary Policy Board of the central bank decided to leave the base rate unchanged at the record low level of 1.25 percent. According...
NZ business manufacturing PMI eases in October on, stays above the long-term average
Nov 11, 2016 06:46 am UTC| Commentary Economy
Business manufacturing conditions in New Zealand eased during the month of October, mainly on drag from new orders, production, finished stocks and deliveries that all slowed but remained in expansion mode. New Zealands...
Bonds likely to keep sliding as inflationary threat returns
Nov 11, 2016 06:37 am UTC| Commentary Central Banks
Not many, but some analysts around the world, including us at FxWirePro have been warning against the bond prices. When European countries were selling very long-term bonds at record low yields, we thought that the...