US jobless rate, manufacturing payrolls likely unchanged in March
Mar 30, 2016 06:30 am UTC| Commentary
Recently, there has been mixed signals regarding the US labor market. Data for jobless claims appear to remain strong. Meanwhile, the ISM non-manufacturing index dropped in February for the fourth continuous time to 53.4,...
Indian Bonds rally on higher foreign debt investment limit, Yellen’s speech
Mar 30, 2016 06:11 am UTC| Commentary
The Indias 10-year bonds gained on Wednesday after the RBI announced that they would allow foreign investors to buy up to Rs. 27,500 crore ($4.14 billion) in additional sovereign debt next month as part of its plan to...
Japanese bonds climb on dovish Fed Chair speech
Mar 30, 2016 06:09 am UTC| Commentary
The Japanese 10-year bond prices rallied on Wednesday amid following dovish comments made by the Federal Reserve Chair Janet Yellen.Meanwhile, the yield on the benchmark Japanese government 10-year bond, which moves...
Australian Bonds rally on dovish Yellen’s speech
Mar 30, 2016 06:07 am UTC| Commentary
The Australian 10-year bond has spiked on Wednesday, tracking US trends following a dovish stance from the US Federal Reserve Chair Janet Yellen. Meanwhile, the benchmark 10-year bonds were trading at 97.50, implying yield...
Trend in New Zealand’s residential dwelling issuance rises steadily
Mar 30, 2016 06:05 am UTC| Commentary Economy
Building permits in New Zealand for February rose 10.8% m/m sa after dropping sharply in January. A portion of the volatility is because of the multi-dwelling component, which rose 28.9% m/m sa, and the number of permits...
Mar 30, 2016 05:32 am UTC| Commentary
Consumer confidence in the US rose in March by 2.2 points to 96.6, while the figure for February was revised upwards. Slow income growth continues to frustrate consumers but headline seems to be better than the underlying...
Real rallies as Dilma’s coalition crumbles
Mar 30, 2016 04:31 am UTC| Commentary
Brazilian president Dilma Rousseffs biggest coalition partner Brazilian Democratic Movement Party or PMDB in short, took a decision last night voting unanimously that they will be leaving the government. This development...