Australian bonds gain on global growth worries
Jun 02, 2016 05:12 am UTC| Commentary
The Australian government bonds gained on Thursday as investors poured into safe-haven assets amid deepening globaleconomic growth fears alongwith slowdown in Chinese economy. Nevertheless, data was only part of the story...
US ISM manufacturing index rises for 3rd straight month despite weak capital spending
Jun 02, 2016 04:43 am UTC| Commentary
Manufacturing activity in the United States rose for the third month in a row despite sluggish growth in new orders coupled with weak overseas demand and capital spending in the energy sector. The Institute for Supply...
Nikkei down over 2 pct, gold steady above $1210
Jun 02, 2016 03:15 am UTC| Commentary
All the major Asian stock indices are trading on a lower note on Thursday but the Japans Nikkei falls the most above 2 pct. In addition, Japanese Yen hits fresh 2 week high against US dollar after comments from the BOJs...
Core inflation in Poland may sink deeper into the red in May
Jun 01, 2016 16:15 pm UTC| Commentary
Flash estimate for headline CPI inflation showed a slower-than-expected 0.1% m/m rise in May compared with 0.3% in April. The year-on-year inflation rate is negative at -1.0% vs. expectations in the -0.9% to -0.8% range....
S&P affirms Indonesia's ratings at 'BB+/B', outlook Positive
Jun 01, 2016 14:55 pm UTC| Commentary
Rating agency SP has affirmed Indonesias BB+ long-term and B short-term sovereign credit ratings. SP noted that Indonesias fiscal framework has improved, which should improve the quality of public expenditure and lead to...

Commodities snapshot (precious & industrial)
Jun 01, 2016 14:22 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold Gold is marginally down today, focus is on NFP report Todays range $1211-1220 Gold is currently trading at $1207/troy...
UK manufacturing PMI out of contraction, GBP remains unimpressed
Jun 01, 2016 14:20 pm UTC| Commentary
Data released earlier today showed that UK Markit/CIPS PMI manufacturing index edged higher to 50.1 for May from an upwardly-revised 49.4 in April and was slightly stronger than the expected reading of 49.6. Manufacturing...