Australian bonds slump on profit-booking; investors eye Q1 CPI next week
Apr 21, 2017 04:16 am UTC| Commentary Economy
The Australian government bonds slumped Friday as investors cashed in profits on the last trading day of the week amid geopolitical tensions that were offset by a more positive market reaction to the sudden announcement of...
RBI strengthens tools to address problems at struggling banks - Fitch
Apr 20, 2017 14:15 pm UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) has tightened the thresholds for capital ratios, NPLs, profitability and leverage - at which banks enter the prompt corrective action (PCA) framework. The move could suggest a greater...
PBoC lifts curb on outbound renminbi payments as outflows pressure eases
Apr 20, 2017 13:59 pm UTC| Commentary Central Banks Economy
The Peoples bank of China (PBoC) has scrapped a restriction on cross-border capital movement imposed in January as outflows pressure eases. This was the first concrete move to loosen capital controls since authorities...
U.S. Treasuries continue to fall ahead of Treasury Secretary Mnuchin’s speech
Apr 20, 2017 11:52 am UTC| Commentary Economy
The U.S. Treasuries continued to fall Thursday as investors wait to watch the Treasury Secretary Steven Mnuchins speech, scheduled to be held later in the day. Also, the countrys initial jobless claims, due for release...
UK gilts slump ahead of BoE Governor Carney’s speech, March retail sales
Apr 20, 2017 09:55 am UTC| Commentary Economy
The UK gilts slumped Thursday as investors wait to watch the Bank of England (BoE) Governor Mark Carneys speech, scheduled to be held later in the day. Also, the countrys retail sales during the month of March, scheduled...
Apr 20, 2017 08:49 am UTC| Commentary Economy
The German bunds slid Wednesday as investors are eyeing the countrys manufacturing PMI for the month of April, scheduled to be released on April 21. However, investors have largely shrugged-off the lower-than-expected...
Apr 20, 2017 06:56 am UTC| Commentary Economy
Core inflation in the advanced economies to rise gradually as labor markets become tighter, led first by the United States where the labor market appears to be close to fully employed. There is little evidence of a...