U.K Gilts plunge on strong labour data
May 18, 2016 10:05 am UTC| Commentary
The U.K Gilts plunged on Wednesday after data showed stronger than expected April labour market data. Also, investors drove-out from safe-haven buying as Brexit angst eased after YouGov EU referendum poll for the Times...
Asia-Pacific seems calmer with stabilizing economic developments
May 18, 2016 09:32 am UTC| Commentary
The economic environment in the Asia-Pacific region seems to have calmed down in the past month, SP Global Ratings reported yesterday. Anxiety over Chinas economy has stabilized in the past few weeks, but continues to be a...
German bunds mixed on Fed rate hike expectations, weak risk appetite
May 18, 2016 09:26 am UTC| Commentary
The German bunds traded mixed on Wednesday after data showed better than expected U.S economic data and hawkish comments from Federal Reserve officials. On the other hand, weak equities and tumbling crude oil prices...
Russia’s real GDP growth to return to positive territory in Q2 2016
May 18, 2016 09:20 am UTC| Commentary
On a year-on-year basis, Russias real GDP shrank 1.2% in the first quarter, according to the data released recently. Even if the additional working day in the first quarter due to the leap year would have flattened the...
FxWirePro: Tepid Chinese economic numbers still favour USD/CNH forwards to flash higher
May 18, 2016 09:12 am UTC| Commentary
Weakness in Chinese data over the weekend (IP, retail sales, and fixed asset investment all disappointed) could fan investor concerns about the authorities ability to sustainably revive economic growth. Although,...
European bonds slide on Fed rate hike expectations
May 18, 2016 09:06 am UTC| Commentary
The European bonds slumped on Wednesday, lifted by a rise in U.S. Treasury yields after data and hawkish comments from Federal Reserve officials boosted expectations for a U.S. interest rate rise this year. The benchmark...
Singapore April NODX sales fall on sluggish global demand
May 18, 2016 09:03 am UTC| Commentary
Singapores April non-oil domestic export sales fell 7.9 pct owing to sluggish global demand amid fall in exports of both electronics and non-electronics products. Further, except for Europe and Hong Kong, all major markets...
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