JGBs flat as markets await US employment report for Fed clues
Jun 03, 2016 07:18 am UTC| Commentary
The Japanese government bonds traded nearly flat on Friday as traders awaited U.S. non-farm payrolls later in the day in an attempt to estimate the Feds likely next step to raise interest rate. The yield on the benchmark...
New Zealand’s building activity accelerates strongly in Q1
Jun 03, 2016 07:09 am UTC| Commentary
The total building work put in place in New Zealand continued its strength from Q4 2015 into Q1 2016. The volume of total building work put in place rose sharply by 5.3% on a sequential basis, as compared with consensus...
Myanmar trade balance likely to improve on rise in energy prices
Jun 03, 2016 06:58 am UTC| Commentary
Myanmar trade balance data, due to be released Friday is likely to rise, given the strong performance in energy prices that are expected to lift exports. Further, imports are expected to decline, leading to a trade surplus...
New Zealand bonds gain ahead of next week's RBNZ meeting
Jun 03, 2016 06:41 am UTC| Commentary
The New Zealand bonds closed higher to finish off the week on Friday as investors were cautious ahead of Reserve Bank of New Zealands (RBNZ) monetary policy meeting scheduled on June 9. Also, slowdown in Chinese PMI...
India’s services activity growth weakens for second straight month in May
Jun 03, 2016 06:39 am UTC| Commentary
Indias service sector growth weakened for the second consecutive month in May as inflows of new business grew at the slowest pace since July 2015. Even though certain companies hired additional employees, the total job...
US' non-farm payrolls in May likely to rise; will give direction to Fed
Jun 03, 2016 06:34 am UTC| Commentary
The United States non-farm payrolls for the month of May, to be released today is likely to rise since the Verizon strike which has affected pay of many workers did not come into consideration during the survey period....
Khalid Falih clarifies over Aramco IPO
Jun 03, 2016 06:24 am UTC| Commentary
New oil minister of Saudi Arabia, Khalid al-Falih, yesterday, speaking on the side lines of his first OPEC meeting as minister in Vienna provided some details about Aramco IPO, which is the cornerstone of new policies from...