Hungarian central bank likely to keep monetary policy on hold, may begin fresh cuts next year

Oct 25, 2016 07:19 am UTC| Commentary

The Hungarian central bank is due to hold its MPC meeting today, where it is likely to keep its monetary policy on hold, said Commerzbank in a research note. It would be interesting to see how seriously the Committee would...

U.S. new home sales likely to have remained at same levels in September

Oct 25, 2016 07:18 am UTC| Commentary

U.S. new home sales might have been little changed. After rising sharply by 13.8 percent in July to 659,000 units annualized, the new home sales had dropped 7.6 percent in the following month. But the third quarter average...

Japanese bonds rise modestly on stronger 20-year auction; CPI data in focus

Oct 25, 2016 07:10 am UTC| Commentary

The Japanese government bonds traded modestly firmer Tuesday after the MoF published better-than-expected results for 20-year Treasury auction. Also, weak crude oil prices drove investors towards safe-haven buying. The...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Rate hike odds continue to rise

Oct 25, 2016 07:08 am UTC| Commentary Central Banks

The market pricing of a hike from the US Federal reserve continues to climb higher, despite mixed bags of data that shows aslowdown in some sections of the economy, while inflation pressure continues to rise. Comments from...

Bank of Canada renews inflation targeting mandate for next five years, still targets 2 pct with tweaks

Oct 25, 2016 06:53 am UTC| Commentary Economy

The Canadian central bank and the Federal Department of Finance yesterday stated the renewal of the Bank of Canadas inflation targeting mandate for the next five years, noted TD Economics. The central bank would keep on...

U.S. home price index likely to maintain modest support in August

Oct 25, 2016 06:49 am UTC| Commentary Economy

The home price index in the United States is expected to have remained modestly upbeat during the month of August. However, this is likely to yield modest downward pressure on the composite-20 measure on a y/y basis, to...

Chinese bond yields continue to recover as investors remain optimistic about economic growth

Oct 25, 2016 06:47 am UTC| Commentary

The Chinese sovereign bonds continued to recover Tuesday after falling to a decade low last week as investors maintained optimism over stabilising economic growth. The yield on the benchmark 10-year bonds, which moves...