U.S. Treasuries continue to slide ahead of Q3 GDP, 5-year auction
Oct 24, 2017 10:59 am UTC| Commentary Economy
The U.S. Treasuries continued to slide Tuesday in a muted trading session that witnessed data of little economic significance. Further, the countrys third-quarter gross domestic product (GDP), scheduled to be released on...
Oct 24, 2017 09:53 am UTC| Commentary Economy Central Banks
Eurozones purchasing managers index for manufacturing rose in October against expectations, reaching a new multi-year high of 58.6. Its service sector counterpart, in contrast, fell more than expected, by 0.9 points to...
German bunds slump after October manufacturing PMI cheers markets; 10-year auction in focus
Oct 24, 2017 08:37 am UTC| Commentary Economy
The German bunds slumped Tuesday after the countrys manufacturing PMI for the month of October succeeded to cheer markets, coming in a tad higher than expectations and from the previous reading in September. Also, markets...
Korea Q3 GDP likely to rise 3 pct q/q on decent rise in monthly output numbers, says DBS Bank
Oct 24, 2017 07:49 am UTC| Commentary Economy
South Koreas third-quarter GDP (preliminary) is due for release this Thursday. Headline growth is expected to rise to 3 percent q/q saar, moderately higher than the 2.4 percent in Q2, albeit lower than the Q1 peak of 4.3...
New Zealand bonds close mixed ahead of Q3 employment report
Oct 24, 2017 06:12 am UTC| Commentary Economy
The New Zealand bonds closed mixed Tuesday as investors remained focus on the countrys employment report for the third-quarter of this year, scheduled to be released later today by 21:45GMT. At the time of closing, the...
Oct 24, 2017 05:24 am UTC| Commentary Economy
Under the Trump administration, the U.S. commerce department, under the guidance of Secretary Wilbur Ross continues to take a tough stance on countries that have used unfair means to promote exports. Last night, U.S....
BoK remains on track to hike by 25 bps as early as November 30, says Scotiabank
Oct 24, 2017 05:05 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to remain on track for a 25 basis points hike as early as November 30. The central bank maintained its policy rate at 1.25 percent last Thursday morning. However, it was not a unanimous...
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