Japanese bond yields climb as crude oil hits 2016 high

Apr 27, 2016 06:45 am UTC| Commentary

The Japanese government bonds were trading weak on Wednesday amid tracking strong cues emerging from crude oil prices. The Japanese bonds have been closely following developments in oil markets because of their impact on...

US Election Series

U.S Election Series: Trump and Clinton Sweeps North-East primaries

Apr 27, 2016 06:36 am UTC| Commentary Politics

Donald Trump has done it again. He has won in all five primaries in yesterdays election and firmed his bid to become Republican presidential nominee. On the Democratic side, Front runner Hilary Clinton has secured win in...

US consumers maintain cautious view on future economic conditions

Apr 27, 2016 06:27 am UTC| Commentary

US consumer confidence reversed its Marchs gains, falling by 1.9 points in April to 94.2. Consumers continue to keep a cautious view on the economy, signifying slow growth in income, noted Wells Fargo. The expectations...

Chinese bonds rise modestly ahead of FOMC meeting

Apr 27, 2016 06:16 am UTC| Commentary

The Chinese bonds were trading modestly firmer on Wednesday as investors await for Federal Reserves monetary policy meeting. Also, weak consumer sentiments drove investors to safe assets. The yield on the benchmark 10-year...

Oil in Global Economy Series

Oil in Global Economy Series: Can oil price go up if Saudi Arabia has a vision?

Apr 27, 2016 05:58 am UTC| Commentary

Saudi Arabias deputy crown Prince Mohammad bin-Salman, popularly known in short, MbS, released an ambitious plan, Vision 2030 on Monday, which got approved by the cabinets on the same day. And today, is Wednesday, so I am...

Weak US durable goods orders raise doubt over strength of expected recovery

Apr 27, 2016 05:57 am UTC| Commentary

In March US durable goods expanded 0.8%; however, the detailed figure indicates that the factory sectors turnaround continues to be uncertain, noted Wells Fargo. The durable goods orders data was another disappointing data...

Australian bonds rally on weak Q1 consumer inflation

Apr 27, 2016 05:26 am UTC| Commentary

The Australian bonds rallied on Wednesday after reading weaker-than-expected consumer inflation figure, rising investors expectation for further policy easing from Reserve bank of Australia (RBA) in its upcoming meeting....