Australia's public sector backed infrastructure spending to rise in 2016

Apr 15, 2016 06:21 am UTC| Commentary

In recent years, public investment in Australia has dropped amidst fiscal pressures. The economic growth has been weighed on by public investment. However, the focus has shifted to stimulating public backed infrastructure...

Chinese 10-year bond yields rises modestly after firm Chinese data

Apr 15, 2016 06:20 am UTC| Commentary

The Chinese 10-year bonds yield is modestly firmer on Friday after reading better Chinese economic data. The yield on the benchmark 10-year bonds, which moves inversely to its price, moved higher 0.34 pct to 2.957 pct and...

Emerging Market Crisis Series

Climacteric weekend ahead of Brazil

Apr 15, 2016 06:11 am UTC| Commentary Politics

This weekend would be most crucial for future of Brazil as well as recent rally in Brazilian assets. Since late January Brazils benchmark stock index, Bovespa has outperformed almost all of its global peers by rising...

Australian bonds slump on better Chinese data, firm equities

Apr 15, 2016 05:35 am UTC| Commentary

The Australian bonds prices edged down, sending yields higher on Friday as investors cooled on safe-haven assets amid gains in riskier assets and firm Chinese economic data. The benchmark 10-year bonds yield, which is...

US inflation likely to accelerate over next year, rate hike in June seems more likely

Apr 15, 2016 05:30 am UTC| Commentary

US CPI inflation for March was slightly below expectations. Consumer price inflation accelerated 0.1% last month, as compared with forecast of a rise of 0.2%. Earlier this week, producer prices and import prices reports...

Guide to today’s important data and events

Apr 15, 2016 04:30 am UTC| Commentary

Not many economic dockets scheduled for today, only few with high risks associated. Data released so far: China Retail sales increased 10.5% y/y in March. Industrial production for February up 6.8% y/y. urban...

Asian markets mix ahead of G20 and IMF meetings, Gold hovers around $1230

Apr 15, 2016 03:57 am UTC| Commentary

All the major Asian indices are trading on a mix note after china released GDP data with flat numbers at 6.7% q/q while industrial production increases sharply to 6.8% m/m vs 5.4% m/m. On the other side, Japanese Yen...