UK gilts strenthen as PM May signals for hard Brexit
Oct 03, 2016 08:45 am UTC| Commentary
The UK gilts strengthened Monday as Prime Minister Theresa May demand for control of immigration and laws represented that the Britain will leave the European Union. The yield on the benchmark 10-year gilts, which moves...
Hungary’s referendum: Anti-immigration camp wins and loses at same time
Oct 03, 2016 07:38 am UTC| Commentary
Anti-immigration camp in Hungary, which is being led by Prime Minister Victor Orban, who has long opposed the European Unions immigrants distribution policy, enjoyed both a victory and a loss over the weekend. Over the...
U.S. ISM manufacturing index likely to have remained unchanged in September
Oct 03, 2016 07:18 am UTC| Commentary
U.S. ISM manufacturing index is expected to have stayed almost the same in September. The index had dropped in August to 49.4 from 52.6 in July after five straight months above the breakeven. The August print was the...
Indian bonds gain on RBI rate cut speculations; MPC meeting begins
Oct 03, 2016 07:03 am UTC| Commentary
The Indian government bonds gained Monday as investors speculated that the Reserve Bank of India (RBI) will lower its key interest rate in its monetary policy decision, which scheduled to be released on October 4. Also,...
German bunds nearly flat in subdued trade; T-note/bund yield spread to move beyond 170bps mark
Oct 03, 2016 06:58 am UTC| Commentary
The German bunds traded nearly flat Monday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. Also, investors now look forward to September manufaturing PMI...
Upturn in Russia’s manufacturing sector continues for second straight month in September
Oct 03, 2016 06:57 am UTC| Commentary
The Russian manufacturing sector continued with its upturn for the second straight month in September. The seasonally adjusted Markit Russia manufacturing PMI rose from 50.8 in August to 51.1 in September, the highest for...
Briferendum Aftermath Series: Prime Minister May lays out Brexit vision
Oct 03, 2016 06:39 am UTC| Commentary Economy
British Prime Minister Theresa May has outlined her vision for the path that lies ahead ofthe country in her first major speech on Brexit. Speaking at Tory Partys national conference, she said that the United Kingdom would...