U.S. Treasury yields continue downfall tracking trade tariffs on Chinese goods; July ISM non-manufacturing PMI eyed

Aug 05, 2019 12:10 pm UTC| Commentary Economy

The U.S. Treasury yields continued to plunge during Mondays afternoon session, continuing the stress from last weeks tariff imposition on China by President Donald Trump ahead of todays ISM non-manufacturing PMI for the...

Indonesian economic growth decelerates slightly in Q2, BI likely to cut policy rate further

Aug 05, 2019 11:59 am UTC| Commentary

Indonesian economic growth decelerated a bit in the second quarter from the first quarter. On a year-on-year basis, the GDP growth slowed to 5.05 percent from prior quarters 5.07 percent. This is the softest reading in two...

UK gilts jump despite higher-than-expected rise in July services PMI; eyes on 5-year auction

Aug 05, 2019 11:06 am UTC| Commentary Economy

The United Kingdoms gilts jumped during European trading hours Monday after the countrys services PMI for the month of July cheered market sentiments beyond initial anticipations, also rising from the previous reading in...

ANZ world commodity index falls in July; NZD index trails by 2.8 pct m/m

Aug 05, 2019 10:02 am UTC| Commentary Economy

The ANZs World Commodity Price Index fell 1.4 percent m/m in July. The recent fall in forestry prices weighed on the index, with dairy price movements also negative. The index has weakened by 0.5 percent in the past year,...

Fed likely to deliver more insurance rate cuts to sustain record-long U.S. expansion amid escalated trade tensions, says Scotiabank

Aug 05, 2019 08:26 am UTC| Commentary Central Banks Economy

The Federal Reserve is expected to deliver more insurance rate cuts to sustain the record-long expansion in the US economy amid escalated U.S.-China trade tensions, which could weigh on the dollar versus its major rivals...

JGBs jump at close ahead of June household spending, super-long 30-year auction

Aug 05, 2019 06:53 am UTC| Commentary Economy

The Japanese government bonds jumped at the time of closing Monday on increased appetite for safe-haven assets ahead of the countrys household spending data for the month of June, scheduled to be released today by 23:30GMT...

Australian bonds rally on risk-off sentiments following US’ announcement of additional tariffs on China

Aug 05, 2019 05:27 am UTC| Commentary Economy

Australian government bonds rallied during Asian session of the first trading day of the week Monday, in continuation to investors risk-off sentiments after the United States late last week announced additional tariffs on...