German bunds gain on subdued inflation, Draghi’s speech in focus
Sep 13, 2016 08:29 am UTC| Commentary
The German bunds gained Tuesday after recent data showed that the countrys inflation remained subdued in August. Also, investors now await the ECB President Mario Draghi speech in Trento in northern Italy today. The...
India’s industrial production posts surprise fall in August
Sep 13, 2016 07:52 am UTC| Commentary Economy
Industrial production in India posted a surprise fall during the month of August, remaining well below market expectations, owing to weakness in manufacturing activities. Indias industrial production dropped 2.4 percent...
German inflation continues to be at low level owing to drop in energy prices
Sep 13, 2016 07:28 am UTC| Commentary
Germanys inflation rate continues to be at a low level in August. According to the Federal Statistics Office, Destatis, the countrys consumer prices dropped in sequential terms, but rose on year-on-year basis. In annual...
Sterling may attempt breakout on inflation data
Sep 13, 2016 07:15 am UTC| Commentary Economy
After the Brexit referendum in the United Kingdom, sterling suffered a devaluation against its major trading counterparts and as a result of that, in July, inflation reading surprised to the upside. However, since July,...
Euro area industrial production likely dropped in July
Sep 13, 2016 06:40 am UTC| Commentary
Euro areas industrial production growth is expected to have declined in July. According to a Societe Generale research note, the national figures released, which account for more than 75 percent of euro area output,...
India’s inflation eases more than consensus, urges for a rate cut call by Gov Patel
Sep 13, 2016 06:33 am UTC| Commentary
Consumer prices in India eased during the month of August, remaining lower than what markets had initially anticipated, raising hopes of a rate cut by the new Reserve Bank of India Governor Urijit Patel. Indias consumer...
Long-term JGBs gain on hopes of BoJ easing, crude oil prices fall
Sep 13, 2016 06:24 am UTC| Commentary
The long-term Japanese bond gained Tuesday as investors speculate that the Bank of Japan will lower its key interest rate further into negative territory. Also, weak crude oil prices drove traders towards safe-haven...