CBT unexpectedly holds interest rate, hints at credible approach

Oct 21, 2016 06:52 am UTC| Commentary Central Banks

Yesterday, the Turkish lira rallied after the Central Bank of Turkey unexpectedly kept the interest rates unchanged during its MPC meeting. The CBT kept the key interest rate on hold at 7.5 percent. During all of its six...

JGBs remain nearly flat amid cautious trade; next week’s consumer inflation in focus

Oct 21, 2016 06:45 am UTC| Commentary

The Japanese government bonds traded nearly flat Friday amid very thin trading activity. Also, investors remain focussed on the next weeks national consumer inflation data in an attempt to estimate the BoJs most likely...

South Korea exports edge higher in October, shipments to China fall

Oct 21, 2016 06:40 am UTC| Commentary Economy

Exports in South Korea edged higher during the first 20 days of the month of October due to a temporary effect of a rebound in ship exports. However, outbound shipments to China fell, marking the 15th straight month of...

Net migrant inflows to New Zealand rise in September, likely to remain strong

Oct 21, 2016 06:21 am UTC| Commentary

Net migration flows to New Zealand remained almost the same in annual terms in September. However, there was a huge rise in the monthly net migration flows. Seasonally adjusted, a net inflow of 6,340 migrants was recorded...

New Zealand bonds close narrowly mixed ahead of long weekend

Oct 21, 2016 05:56 am UTC| Commentary

The New Zealand government bonds closed narrowly mixed Friday ahead of the long weekend as markets will remain closed Monday on account of Labour Day. The yield on the benchmark 10-year bond, which moves inversely to...

Malaysian headline inflation rate stable at 1.5 pct in September, likely to remain on benign trend

Oct 21, 2016 05:50 am UTC| Commentary

Malaysias September headline consumer price inflation accelerated at a similar pace as in the prior month. The nations inflation rose 1.5 percent year-on-year with modest rises in food prices mitigating the falling costs...

Taiwan export orders beat expectations in Sep on surge in demand for electronics

Oct 21, 2016 05:46 am UTC| Economy Commentary

Export orders in Taiwan surged during the month of September, beating what markets had initially anticipated, following asurge in demand for electronic devices. Majorly, rising demand for Apples iPhone 7 series, in the...