ECB’s first deposit rate hike seen in the first half of 2019, says Nordea Markets
May 10, 2017 09:41 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to adopt its first deposit rate hike in the first half of 2019, followed by a very gradual rate normalization of all policy rates. The background picture for the ECB is an...
UK gilts gain ahead of BoE’s monetary policy meeting, March manufacturing production
May 10, 2017 09:00 am UTC| Commentary Economy
The UK gilts gained as investors wait to watch the Bank of Englands (BoE) monetary policy meeting, scheduled to be held on May 11. Also, the countrys manufacturing production for the month of March, due for release on the...
German bunds bounce ahead of Q1 GDP, April consumer inflation
May 10, 2017 08:21 am UTC| Commentary Economy
The German bunds bounced Wednesday as investors are closely eyeing the countrys first-quarter gross domestic product (GDP) and consumer price inflation (CPI) for the month of April, scheduled to be released on May...
Subdued wage pressure likely to keep core inflation low in euro area, says Danske Bank
May 10, 2017 06:42 am UTC| Commentary Economy
Wage growth in the euro area remains low despite the continued labour market progress. Nevertheless, consumers have recently benefited from very high real wage growth due to the extraordinarily low inflation. Looking...
New Zealand bonds close higher as investors await RBNZ’s monetary policy decision
May 10, 2017 05:43 am UTC| Commentary Economy
The New Zealand bonds ended Wednesdays session on a higher note as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May 11. At the time of closing,...
Australian bonds sharply rebound tracking U.S. Treasuries; higher equities limit gains
May 10, 2017 04:59 am UTC| Commentary Economy
The Australian government bonds sharp rebounded Wednesday tracking U.S. Treasuries. However, gains in equities amid a neutral Federal Budget for FY2017-18 limited gains in the debt market. The yield on the benchmark...
FxWirePro: The Day Ahead- 10th May 2017
May 10, 2017 04:00 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: China: Consumer price inflation rose by 1.2 percent y/y in April. Producer price inflation...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight