UK gilts trade marginally lower ahead of 10-year auction
Oct 19, 2016 09:17 am UTC| Commentary
The UK gilts traded marginally lower Wednesday as investors awaited the auction of 10-year bond. Also, better-than-expected consumer inflation data released Tuesday for August discouraged investors from safe-haven...
Softer CNY likely to bolster Chinese economy, upside risks exist, says Commerzbank
Oct 19, 2016 09:15 am UTC| Commentary Economy
A softer Chinese yuan is expected to help bolster the economy which could partially offset the possible slowdown in domestic demand due to property tightening. However, there existupside risks to the currency pair against...
Bank Indonesia likely to keep interest rate on hold
Oct 19, 2016 09:14 am UTC| Commentary
Bank Indonesia is expected to stand pat during its meeting tomorrow after cutting the BI 7-day Reverse Repo Rate by 25 basis points in the previous meeting as was anticipated by the market, according to Societe Generale....

Biggest risks in global markets according to global fund managers
Oct 19, 2016 08:39 am UTC| Commentary Economy
The BofAML global survey involving 171 fund managers, holding $443 billion in assets, showed that the asset managers are wary of following risks. According to the fund managers survey, EU disintegration is the...
U.S. NAHB housing market index drops in October, homebuilding to improve gradually
Oct 19, 2016 08:37 am UTC| Commentary
The U.S. NAHB/Wells Fargo Housing Market Index dropped 2 points in October to 63 after climbing 6 points in September. The index dropped from the post-recession high of 65. However, the still-strong level indicates towards...
German bunds trade narrowly mixed ahead of ECB’s monetary policy decision
Oct 19, 2016 08:35 am UTC| Commentary
The German bunds traded narrowly mixed Wednesday as investors await the European Central Banks monetary policy decision for future market directions, which is scheduled to be released on October 20. The yield on the...
South Korea producer prices decline in Sep, driven by cut in prices of energy products
Oct 19, 2016 08:34 am UTC| Commentary Economy
Producer prices in South Korea declined during the month of September, largely driven by cut in prices of coal, petroleum and other energy products. South Koreas producer price index (PPI) for September came in at...