JGBs slump on Fed rate hike expectations, likely to gain on weak crude
May 19, 2016 06:28 am UTC| Commentary
The Japanese government bonds slumped on Thursday, tracking weak trend in U.S. Treasuries prices overnight after the minutes of the April FOMC revealed hawkish remarks by many policymakers. Also, higher than expected first...
Rate hike odds improve sharply after FOMC minutes
May 19, 2016 06:26 am UTC| Commentary Central Banks
After yesterdays FOMC minutes gave clearest indication ever for a June rate hike, interest rates market have adjusted sharply in anticipation of such. As per the minutes, many participants believed a riser would be...
Jobs ads in New Zealand rises in April, labor market remains quite strong
May 19, 2016 06:08 am UTC| Commentary
In April, New Zealands jobs ads rose for the third straight month on seasonally adjusted basis. They seem to have an expanding upward trend, noted ANZ in a research report. Last month job ads grew 1.7%, following a growth...
Chinese Steel sector faces duty threats globally
May 19, 2016 05:53 am UTC| Commentary
With arrival of fresh stimulus and banking loans, Steel industry in China has once again started firing its all engines, threatening to worsen, one of the worst global supply glut ever. China alone produces about 900...
Philippine economic growth accelerates at a surprisingly stronger pace in Q1
May 19, 2016 05:41 am UTC| Commentary
The Philippines economic growth accelerated at the highest quarterly rate in nearly three years in the first quarter of 2016. The economy expanded 6.9% y/y, on par with market expectations. The first quarter economic...
Chile Q1 growth slightly better-than-expected, rising exports support
May 19, 2016 05:40 am UTC| Commentary
Chile Q1 gross domestic product grew slightly above expectations , strongly boosted by rising exports, Banco Central de Chile said in a statement released on Wednesday. Chiles gross domestic product grew by 1.3 pct in...
Australian bonds plunge on hawkish FOMC minutes
May 19, 2016 05:28 am UTC| Commentary
The Australian government bonds plunged on Thursday after minute release from the April FOMC meeting that indicated policymakers were in support of a move to raise rates in June if the economy supported it.On the other...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight