
India industrial production likely to register 0.5 pct y/y drop in June, says DBS Bank
Aug 10, 2017 08:26 am UTC| Commentary Economy
Wrapping up this otherwise light data week is the June industrial production (IP) numbers, due tomorrow. Factory output likely lost momentum for the fourth consecutive month into June. The heavyweight manufacturing output...
New Zealand bonds plunge at close after RBNZ remains on hold, Gov Wheeler maintains slight optimism
Aug 10, 2017 06:26 am UTC| Commentary Economy
The New Zealand bonds plunged at the time of closing Thursday after the Reserve Bank of New Zealand (RBNZ) left interest rates on hold, while clearly maintaining a neutral bias. Also, Governor Wheelers comments remained...
JGBs gain from short-covering on hovering nuclear war tensions ahead of long weekend
Aug 10, 2017 05:45 am UTC| Commentary Economy
The Japanese government bonds gained Thursday after investors covered previous short positions on growing geo-political tension between the US and North Korea over a possible nuclear war ahead of a long weekend in...
Australian bonds slide tracking U.S. counterpart post weak demand at 10-year auction
Aug 10, 2017 04:01 am UTC| Commentary Economy
The Australian bonds slid Thursday, tracking weakness in the U.S. Treasuries after the overnight 10-year note auction was welcomed with weak demand. Markets will now look forward to the Reserve Bank of Australia (RBA)...
Global economic growth slows slightly at start of Q3 – PMI surveys
Aug 09, 2017 23:04 pm UTC| Commentary Economy
The beginning of the third quarter witnessed a slight easing of global economic growth, showed the PMI surveys. However, the rate of growth continued to be strong. Survey indicators such as new orders and hiring imply the...
UK gilts surge on rising geo-political tensions; investors eye June manufacturing production
Aug 09, 2017 11:18 am UTC| Commentary Economy
The UK gilts surged Wednesday after tensions mounted over the Korean Peninsula, raising worries of a nuclear attack on the US, as is threatened by North Korea, including targeting the US Pacific island territory of Guam,...
BRL likely to weaken over the course of the year, says Commerzbank
Aug 09, 2017 10:47 am UTC| Commentary Economy
Inflation is likely to have eased further In July; expectations are for 2.7 percent. That would mean inflation would drop to below the central banks target corridor (3-6 percent). As a result the door is open for further...