Chinese sovereign bonds plunge as consumer sentiment climbs to 6-month high in Oct

Oct 26, 2016 06:51 am UTC| Commentary

The Chinese sovereign bonds plunged Wednesday after recent data showed that the worlds second-largest economys consumer sentiment climbed to a six-month high in October. The yield on the benchmark 10-year bonds, which...

German consumer sentiment set to weaken in November, shows GfK survey

Oct 26, 2016 06:51 am UTC| Commentary

Germanys consumer sentiment is expected to ease in November, according to GfK. The sentiment has not followed a uniform trend in October. Even if economic prospects are rebounding again following three straight falls, both...

Central banks’ big challenge to safeguard independence

Oct 26, 2016 06:49 am UTC| Commentary Central Banks

Speaking ata think-tank event in Berlin, the President of the European Central Bank once again defended its monetary policy actions that saw cutting rates to record low and buying of fixed income assets at anunprecedented...

Singapore industrial production rises in September, beats market expectations

Oct 26, 2016 06:41 am UTC| Commentary Economy

Industrial production in Singapore rose during the month of September, beating market expectations and led by solid increases in electronics and pharmaceuticals output. Singapores manufacturing output rose 6.7 percent...

New Zealand bonds close lower on higher Chinese consumer sentiment; RBNZ inflationary expectations report in focus

Oct 26, 2016 06:32 am UTC| Commentary

The New Zealand government bonds closed lower Wednesday after recent data showed that the worlds second-largest economys consumer sentiment climbed to a six-month high in October. Also, investors remained cautious ahead...

Hungarian central bank lowers overnight lending rate, ready to further ease monetary conditions

Oct 26, 2016 06:17 am UTC| Commentary Central Banks

During its Monetary Policy Committee meeting yesterday, the Hungarian central bank cut its overnight lending rate by 10 basis points and also lowered bank RRR by half. The lowering of bank RRR was a surprise move. The MNBs...

South Korean consumer confidence surges to 10-month high in Oct, business outlook remains dim

Oct 26, 2016 06:16 am UTC| Commentary Economy

Consumer confidence in South Korea surged to a 10-month high during the period of October, despite a grim business outlook in the economy. The composite consumer sentiment index for October came to 101.9, compared with...