Indonesia government auctions bonds worth IDR 10tln
Mar 29, 2016 09:40 am UTC| Commentary
The Indonesias finance ministry issued 10 trillion rupiah ($746.27 million) worth of bonds at an auction on Tuesday, below the indicative target of 12 trillion rupiah. The weighted average yield for the one-year T-bills...
BOJ policy on way to trigger fiscal stimulus
Mar 29, 2016 09:19 am UTC| Commentary
Bank of Japans (BOJ) massive monetary stimulus may not have boost inflation much so far and economy is struggling to recover post sales tax hike of 5% but it is on its way to boost fiscal policy and lead to the release of...
Sweden’s retail sales growth slows in February, annual figures likely to drop going forward
Mar 29, 2016 09:07 am UTC| Commentary
Sweden posted below expected retail sales data after registering high and upward revised data in January. The countrys retail sales recorded a growth of 3.9% y/y in February, as compared with projections of 4.2% y/y...
German Bunds rise on weak oil prices
Mar 29, 2016 09:00 am UTC| Commentary
The German government bonds climbed with their European peers on Tuesday as cheap oil held inflation expectations below the levels seen before the European Central Bank unveiled its last monetary policy easing package,...
Euro-Area bonds move higher after Egypt plane hijack report
Mar 29, 2016 08:24 am UTC| Commentary
Core EGBs, peripheral bonds moved higher while curves flatten ahead of light data calendar today and quarter-end this week; demand for safety supported instrument rises following reports of Egypt plane hijack. According...
CBRT sudden rate cut likely to incite speculation of central bank’s independence
Mar 29, 2016 08:05 am UTC| Commentary
The Turkish central bank cut its overnight lending rate on 24 March from 10.75% to 10.5%, which is the upper limit of the central banks rate corridor. This is not usually used and therefore the rate cut might not have a...
Philippines’ excess liquidity can help drive economy to higher potential growth rate
Mar 29, 2016 07:23 am UTC| Commentary
The Philippines economy appears to be one of the promising economies in the Asean region. With national elections news increasingly taking over local news, macro fundamentals continue to be strong. The relatively slow...