Peso remains the worst performer in Asia following subdued investor confidence

Sep 29, 2016 07:26 am UTC| Commentary Economy

The Philippines peso remained the worst performer amongst all Asian currency pairings over the past one month, following subdued investor confidence in the economy, given that is has been recently shaken by the recent...

Indian bonds plunge as investors book profit after six days of consecutive gains

Sep 29, 2016 07:20 am UTC| Commentary

The Indian bonds plunged Thursday as investors cashed in profits after relishing six days of consecutive gains. The yield on the benchmark 10-year bonds, which moves inversely to its price, rose more than 1 basis point...

South Korea’s industrial production likely shrank in August on decline in auto production

Sep 29, 2016 07:15 am UTC| Commentary

South Korean industrial production is likely to have shrunk in August because of an auto factory strike, following a recovery in July. The expected rise in the year-on-year growth might reflect the difference in working...

Senate overrides Obama’s veto over Saudi 9/11 bill

Sep 29, 2016 07:13 am UTC| Commentary

This is for the first time in the history of the United States that the senate and the congress have voted to override the veto of President Barrack Obama. The outcome of the vote to override the veto was so overwhelming...

U.K. consumer sentiment likely to have risen marginally

Sep 29, 2016 06:57 am UTC| Commentary

The GfKs U.K. consumer sentiment is expected to have gained marginally in September. According to a Societe Generale research note, the evidence on consumer sentiment comes from the way that consumers behave rather than...

JGBs trade lower on firm crude oil prices; consumer inflation data in focus

Sep 29, 2016 06:16 am UTC| Commentary

The Japanese government bonds traded lower Thursday as crude oil futures rose sharply after the OPEC producers group surprised the market with a deal to slash output. Also, firmer equity index moved away investors from...

South Korea's exports in September likely to disappoint as manufacturing sector loses steam

Sep 29, 2016 06:16 am UTC| Commentary Economy

Exports growth in South Korea is expected to disappoint during the month of September as the countrys manufacturing sector has lost steam during the period. South Korean exports are projected to fall back into the...