Australian weekly consumer confidence falls sharply, unwinding gains over last two weeks
Aug 08, 2017 06:59 am UTC| Commentary Economy
the ANZ-Roy Morgan Australian Consumer Confidence fell a sharp 4.0 percent last week, partially unwinding the gains over the previous two weeks. Though four out of five sub-indices posted declines, the fall in confidence...
Aug 08, 2017 06:04 am UTC| Commentary Economy
The New Zealand 10-year bond yields closed Tuesdays session at 5-1/2 week low as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision scheduled to be unveiled on August 9. Further, the...
JGBs edge down taking cues from U.S. Treasuries, softer demand at 30-year auction
Aug 08, 2017 05:00 am UTC| Commentary Economy
The Japanese government bonds edged down Tuesday, taking cues from an overnight performance of the U.S. Treasuries in choppy trading on Monday after Fridays stronger-than-expected U.S. non-farm payrolls report, with no...
Australian bonds continue on the downside despite sharp losses in equities
Aug 08, 2017 03:14 am UTC| Commentary Economy
The Australian bonds continued to be on the downside Tuesday as investors moved away from safe-haven assets despite sharp losses witnessed in the equity market, slightly tracking U.S. Treasuries. Also, markets will be...
Brazilian real’s rally likely to halt in medium-term, says Danske Bank
Aug 07, 2017 23:11 pm UTC| Commentary Economy
Last weeks positive news about has rebounded confidence towards the Brazilian economy. President Michel Temer has escaped the fate of his predecessor Dilma Rousseff. The pressure coming from the corruption scandal...
China’s short-term economic growth prospects seem strong
Aug 07, 2017 23:05 pm UTC| Commentary Economy
The Chinese economic growth in the second quarter continued to stay strong at 6.9 percent. The short-term growth prospects are strong. Along with a stable growth in consumption, growth benefitted from foreign trade and...
German industrial production falls in June sequentially, real GDP likely to have grown in Q2
Aug 07, 2017 23:04 pm UTC| Commentary Economy
As was widely anticipated, German industrial production dropped in June on a sequential basis. On the month, industrial production dropped 1.1 percent. Despite this decline, production grew in the second quarter at the...