German bunds gain on higher investor preference over French bonds post Macron’s victory
May 08, 2017 08:47 am UTC| Commentary Economy
The German bunds gained Monday as investors showed higher buying preference in exchange for the sale of French bonds after the significant victory of Far Right candidate Emmanuel Macron in the overnight French elections....
May 08, 2017 07:45 am UTC| Commentary Economy
The full-year gross domestic product (GDP) of Indonesia is seen at 5.1 percent, down from the earlier forecast of 5.3 percent, given the slightly underwhelming GDP data for the first quarter of this year. Sustained...
ECB unlikely to raise rates this year or next despite Macron’s victory, says Commerzbank
May 08, 2017 06:39 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected not to raise its benchmark interest rate either this year or next despite the mesmerising victory achieved by Emmanuel Macron at the French election held yesterday. So far,...
New Zealand bonds close mixed ahead of RBNZ’s monetary policy decision
May 08, 2017 06:03 am UTC| Commentary Economy
The New Zealand bonds ended the first trading session of the week on a slightly mixed tone as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May...
Australian bonds plunge post Macron’s win in French election as riskier assets take lead
May 08, 2017 05:11 am UTC| Commentary Economy
The Australian government bonds plunged on the first trading day of the week as investors moved away from safe-haven assets, following the expected victory of Emmanuel Macron in the French election held over the weekend....
Moody's: China's shadow banking sector impacted by increasingly tight systemic liquidity
May 08, 2017 01:15 am UTC| Research & Analysis Economy
Moodys Investors Service says that liquidity in Chinas financial system is increasingly tightening, as stricter regulatory measures seek to constrain the growth of leverage in the country. At the same time, the...
FxWirePro: The Day Ahead- 8th May 2017
May 07, 2017 22:48 pm UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: France: Emmanuel Macron beats Le Pen to Presidency. Upcoming: China: Trade...
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