UK gilts gain ahead of 10-year auction amid muted trading session
Jul 22, 2019 10:21 am UTC| Commentary Economy
The United Kingdoms gilts gained during European trading hours Wednesday ahead of the countrys 10-year auction, scheduled to be held on July 23 by 09:45GMT. The yield on the benchmark 10-year gilts, slipped 1-1/2 basis...
German bunds jump ahead of July manufacturing PMI, ECB’s policy meeting
Jul 22, 2019 09:41 am UTC| Commentary Economy
The German bunds jumped during European session Monday ahead of the countrys manufacturing PMI for the month of July, scheduled to be released on July 24 by 07:30GMT and the European Central Banks (ECB) monetary policy...
Jul 22, 2019 06:31 am UTC| Commentary Central Banks Economy
The Federal Reserve is not expected to adopt a 50 basis points rate cut at its monetary policy meeting on July 31, according to the latest report from DBS Economics and Strategy. Also, market conditions do not warrant an...
EM Asian currencies likely to rally amid accommodative dollar liquidity, says Scotiabank
Jul 22, 2019 05:40 am UTC| Commentary Economy
The emerging market Asian currencies are expected to rally amid accommodative dollar liquidity if the US Treasury Department conducts the currency intervention along with the Feds insurance rate cuts, according to the...
Australian bonds jump in silent trading ahead of RBA Assistant Governor Kent’s speech
Jul 22, 2019 05:09 am UTC| Commentary Economy
Australian government bonds jumped during Asian session of the first trading day of the week Monday amid a muted trading session that witnessed data of little economic significance ahead of the Reserve Bank of Australias...
The debt ceiling and why we should kill it: 5 questions answered
Jul 21, 2019 12:15 pm UTC| Insights & Views Economy
Editors note: The U.S. government maxed out its national credit card in March and has been moving money around ever since to avoid running out of cash. Very soon the Treasury Department will reach the limits of this...
South Africa's carbon tax matters -- for the economy and tackling climate change
Jul 21, 2019 11:56 am UTC| Insights & Views Economy
Carbon tax is likely to be an effective way of mitigating greenhouse gas emissions, which lead to climate change and have negative consequences for human life. But the carbon tax thats been introduced in South Africa could...