Japanese bonds trade flat in subdued trade, no major changes likely this week
Aug 03, 2017 04:58 am UTC| Commentary Economy
The Japanese bonds traded nearly flat Thursday as market observed little trading activity in the light of no important economic data or events. The yield on the benchmark 10-year Treasury note, which moves inversely to...
Australian bonds gain as trade balance data disappoints, markets eye RBA policy statement
Aug 03, 2017 04:35 am UTC| Commentary Economy
The Australian bonds gained Thursday as investors shifted to safe-haven assets buying after the countrys trade balance data disappointed by missing market expectations. Also, the markets remained cautious ahead of the RBA...
U.S. small business index rises to 106 – Wells Fargo survey
Aug 02, 2017 22:37 pm UTC| Commentary Economy
The Wells Fargo/Gallup Small Business Index survey for the third quarter. The index was up 11 points to 106, marking the highest reading for the survey in over one decade. The survey was conducted in mid-July and takes in...
Denmark’s FX reserve falls in July to DKK 463.9 billion
Aug 02, 2017 21:39 pm UTC| Commentary Economy
Denmarks foreign exchange reserve dropped in July by DKK 0.05 billion to DKK 463.9 billion in July. The decline reflects Danmarks Nationalbanks (DN) net purchase of foreign exchange and net repayments of the governments...
Venezuela: what Chávez's mentor told me about the country's Castro-inspired road to ruin
Aug 02, 2017 17:27 pm UTC| Insights & Views Economy
Even as citizens took to the streets in their hundreds of thousands to protest and boycott it, Venezuelas president, Nicolás Maduro, declared victory in an election that could allow him to rewrite the countrys...
U.S. Treasuries tad lower ahead of private payrolls, FOMC speeches
Aug 02, 2017 12:04 pm UTC| Commentary Economy
The U.S. Treasuries plunged as investors wait to watch the countrys ADP non-farm employment data for July, due later today, besides the FOMC members Mester and Williams speech, due by 16:00 and 19:30GMT...
Slower growth likely to keep BoE on hold despite lower unemployment, says Danske Bank
Aug 02, 2017 11:45 am UTC| Commentary Central Banks Economy
Despite slower growth, the Bank of England (BoE) has turned more hawkish recently, as inflation has moved higher and the unemployment rate lower. Still, we do not expect a BoE rate hike before some time in 2019: GDP growth...