UK gilts rally as investors freak over possibility of Brexit deadline extension

Oct 23, 2019 11:15 am UTC| Commentary Economy

The United Kingdoms gilts rallied during European trading hours Wednesday as investors their shifted attention towards riskier assets amid possibility of an extension of the Brexit deadline beyond this month. The yield...

German 10-year bund yield slumps to 1-week low on Brexit deadline woes; ECB’s policy decision eyed

Oct 23, 2019 10:32 am UTC| Commentary Economy

The German 10-year bund yield slumped to 1-week low during European session Wednesday as investors remain worried over the October 31 Brexit deadline and the uncertainties surrounding it. Also, the European Central Banks...

Demand augmenting measures required to revive India’s waning consumption growth, says ANZ Research

Oct 23, 2019 09:27 am UTC| Commentary Economy

Demand augmenting measures are needed to revive Indias waning consumption growth; this will support convergence of inflation rates across regions and states, making monetary policy more effective, and between CPI and WPI...

EUR/HUF likely to trade sideways around the 330 mark and later in Q1 2020, says Commerzbank

Oct 23, 2019 08:42 am UTC| Commentary Economy

The EUR/HUF currency pair is expected to trade sideways around the 330 mark and later in Q1 2020, when inflation is forecast to actually moderate, to decline towards the 325 mark, according to the latest research report...

Fed remains on track to deliver more monetary easing measures, to undermine dollar in medium term: Scotiabank

Oct 23, 2019 07:43 am UTC| Commentary Central Banks Economy

The Federal Reserve remains on track to deliver more monetary easing measures that would undermine the dollar in the medium term, according to the latest research report from Scotiabank. The Feds dovish tone and falling...

NZ September trade deficit pegs back to $1.24 bln following large deficit in August

Oct 23, 2019 06:59 am UTC| Commentary Economy

New Zealands trade deficit for September was pegged back to $1.24 billion following a particularly large deficit the previous month. Exports lifted to $4.47 billion while imports were also stronger lifting to $5.71...

Australian bonds tad higher on Brexit details, U.S.-China trade uncertainties

Oct 23, 2019 05:36 am UTC| Commentary Economy

The Australian government bonds traded tad higher during Asian session Wednesday tracking a similar movement in the U.S. Treasuries following news on Brexit until the final exit on October 31 and China trade uncertainties....