Japanese bonds flat ahead of 30-year bond sale
May 11, 2016 06:07 am UTC| Commentary
The Japanese government bonds were trading nearly flat Wednesday as investors await upcoming 30-year debt auction due on Thursday. Moreover, bond prices are likely to be ruled by the movements in the crude oil market. The...
Canada’s private and public sector investment intentions to decline in 2016
May 11, 2016 05:44 am UTC| Commentary
Private and public sector investment intentions in Canada on non-residential machinery and capital construction are likely to decline this year by 4.4%. This implies that the spending will decrease for the second straight...
Australian bonds down on firm risk sentiments
May 11, 2016 05:37 am UTC| Commentary
The Australian government bond yields marginally firmer Wednesday on tracking overnight rally in crude oil prices and equities market. The yield on the benchmark 10-year Treasury note which moves inversely to its price,...
U.S. Election Series: Trump and Sanders win again
May 11, 2016 05:33 am UTC| Commentary Politics
Republican partys presumptive nominee, Donald Trump, who is the last man standing in 17 competitor race won again in yesterdays primaries in West Virginia and Nebraska. Trump was largely expected to win, even if Ted Cruz...
US labor market remains strong, level of slack continues to be quite low
May 11, 2016 05:17 am UTC| Commentary
US Labor Department released its Job Openings and Labor Turnover Survey (JOLTS) data for March. According to the data, total job openings in the US increased to 5.76 million in March, up by 149k from Februarys upwardly...
Guide to today’s important data and events
May 11, 2016 04:10 am UTC| Commentary
Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far Australia - Westpac consumer confidence rose 8.5% from prior -4%. Home loans declined -0.9%....
Asian markets trading on a mix note, Gold breaks key resistance at $1268
May 11, 2016 03:41 am UTC| Commentary
Most Asian markets are trading on a higher note but on the other side, Chinese markets are trading slightly lower. Gold breaks key resistance at $1268 and trading around $1270 marks. In addition, USD/JPY fails to...