Brazil’s economy expected to see blip of recovery in April, but recession likely to continue this fiscal

Jun 14, 2016 06:07 am UTC| Commentary

The Brazilian economy is expected to have expanded on month-on-month terms in April; however, it is likely to have severely shrunk on year-on-year terms. In April, the nations industrial production shrank at quite a slower...

Benchmark 10Y JGB yield hits a new low of minus 0.162 pct, 15Y yield dips below zero

Jun 14, 2016 06:03 am UTC| Commentary

The Japanese 10-year government bonds hit a fresh all-time low of minus 0.162 percent on Tuesday, following global debt prices as investors remain uncertain about the global economic outlook and the near-term path of BoJ...

Guide to today’s important data and events

Jun 14, 2016 05:43 am UTC| Commentary

Lots of economic dockets scheduled for today and some with high risks associated. Data released so far - Australia National Australia Banks business confidence declined to 3 from 5 in May, while business...

Australian bonds rally as poll indicates rising support for Brexit

Jun 14, 2016 05:31 am UTC| Commentary

The Australian government bonds rallied on Tuesday as investors wary after recent four polls suggested Britain is on course to leave the European Union. The yield on the benchmark 10-year Treasury note, which moves...

Australia’s business conditions remain flat in May; non-mining sector continues to recover

Jun 14, 2016 05:25 am UTC| Commentary

The latest NAB Business Survey is in line with the ongoing recovery in the non-mining economy, according to the NAB Group Economics. Business conditions in May remained flat at 10, whereas business confidence dropped to 3...

IMF warns Canadian recovery of downside risks on low commodity, housing prices

Jun 14, 2016 05:17 am UTC| Commentary

The International Monetary Fund has warned the Canadian economy of downside risks in the near term due to a sustained period of low commodity prices coupled with a possible housing downturn in the two of its bigcities,...

Asian markets down, gold steady above $1,280

Jun 14, 2016 03:07 am UTC| Commentary

Most Asian indices are trading on a negative note on Tuesday. On the other side, USD/JPY hovers around 106.00 mark and gold remains well supported above 1,280 marks. Japans Nikkei N225 was trading 1.25% lower at...