France’s INSEE business climate indicator likely climbed in April
Apr 20, 2016 10:25 am UTC| Commentary
Last month, the INSEE business climate indicator dropped to 100 from previous months 101. Aprils number is likely to have risen back to 101, according to Societe Generale. The confidence indicator for manufacturing is...
U.K Gilts yield plunge on soft wages and jobs data
Apr 20, 2016 10:00 am UTC| Commentary
The British 10-year bond yield plunged on Wednesday after reading softer-than-expected wages and jobs data. Also, weak oil prices drove investors towards the safe assets. The yield on the benchmark 10-year bonds, which...
U.S. Election Series: Trump and Clinton closer to secure nominations
Apr 20, 2016 09:36 am UTC| Commentary Politics
Democratic front runner Hilary Clinton and Republican front runner Donald Trump, both secured a win in New York, firming their claims to become presidential nominees. While Hilarys won was by significant margin, Trump...
Bank Indonesia likely to keep interest rate unchanged
Apr 20, 2016 09:30 am UTC| Commentary
The Indonesian central bank, Bank Indonesia (BI), is likely to keep its policy on hold during its meeting tomorrow, according to Societe General. The central bank lowered the interest rate for three straight times during...
European bonds jump on tracking weak crude
Apr 20, 2016 09:30 am UTC| Commentary
The European bondsgained on Wednesday as investors pour into safe-haven assets amid deepening economic growth fears after Kuwait workers ended 3-day strike that had reduced crude output from OPEC countries, pushing oil...
German bunds climb on soft Producer Price Index, tumbling crude
Apr 20, 2016 08:56 am UTC| Commentary
The German government bonds gained on Wednesday as investors pour into safe-haven assets amid deepening economic growth fears after reading weaker-than-expected Producer Price Index (PPI) and Kuwait workers ended 3-day...
CBT likely to lower overnight lending rate by 50bps
Apr 20, 2016 08:25 am UTC| Commentary
In todays Turkish central banks meeting, the MPC is expected to lower the overnight lending rate by 50bps to 10%, according to Commerzbank. Meanwhile, the central bank is unlikely to change other policy rates. Turkish...