US nonfarm payrolls growth likely to have weakened in May

Jun 02, 2016 08:09 am UTC| Commentary

The headline payrolls growth in the US is likely to have weakened in May due to a few special factors. However, the underlying is expected to indicate a continuous tightening of the labor market, said Societe Generale in a...

Indian bonds gain as investors wary ahead of RBI monetary policy, US employment data eyed

Jun 02, 2016 07:29 am UTC| Commentary

The Indian government bonds gained on Thursday as investors were cautious ahead of US employment report on Friday and the Reserve Bank of Indias monetary policy meeting next week. The yield on the benchmark 10-year bonds...

S&P affirms Indonesia’s sovereign credit rating, lends positive outlook

Jun 02, 2016 07:20 am UTC| Commentary

The Standard Poors, a credit rating agency has affirmed the credit rating outlook for Indonesia at BB+, while lending a positive outlook to the country. However, the rating authority still left the economy one notch below...

Swiss economic growth disappoints in Q1; SNB unlikely to tighten policy for sometime

Jun 02, 2016 07:12 am UTC| Commentary

Swiss economy grew 0.1% q/q in the first quarter of 2016. The economic growth came in weaker than expected. However, in certain sense, the result was not as weak as the headline indicates. Private spending growth was solid...

S. Korean bonds down on stronger GDP data

Jun 02, 2016 07:08 am UTC| Commentary

The South Korean short-term bonds closed modestly lower on Thursday after data showed higher than expected first quarter Gross Domestic Product (GDP) figure. The 10-year bonds yield, which moves inversely to its price...

Is Japan pursuing Helicopter policies?

Jun 02, 2016 07:04 am UTC| Commentary Central Banks

Japanese prime Minister Shinzo Abe, ended speculations over consumption tax rise yesterday, by announcing that he plans to delay the rise in consumption tax from 8% to 10%, until October, 2019. It was raised from 5% to 8%,...

Australia’s retail sales growth remains soft; RBA likely to further ease policy in coming months

Jun 02, 2016 07:01 am UTC| Commentary

According to Australian Bureau of Statistics, Australias retail turnover grew 0.2% m/m in April, seasonally adjusted. This is softer than the growth of 0.4% seen in March. Australias retail sales remain on the soft trend...