U.S. Treasuries slump ahead of January ISM manufacturing PMI
Feb 03, 2020 12:21 pm UTC| Commentary Economy
The U.S. Treasuries slumped during Mondays afternoon session ahead of the countrys ISM manufacturing PMI for the month of January, scheduled to be released today by 15:00GMT, amid an otherwise muted trading session that...
The coronavirus is hitting the tourism and travel sector hard
Feb 03, 2020 12:19 pm UTC| Insights & Views Economy Business
The spread of infectious diseases is invariably linked to travel. Today, tourism is a huge global business that accounts for 10.4 per cent of global Gross Domestic Product (GDP) and 10 per cent of global...
Think superannuation comes from employers' pockets? It comes from yours
Feb 03, 2020 12:17 pm UTC| Insights & Views Economy
A key question for the governments retirement incomes review is who ultimately pays for compulsory super contributions, especially since they are set to climb from 9.5% of wages to 12% over the next five years. Legally,...
German bunds nearly flat after January manufacturing PMI cheers investors
Feb 03, 2020 10:48 am UTC| Commentary Economy
The German bunds remained nearly flat during European trading session Monday after the countrys manufacturing PMI for the month of January cheered market investors, rising above expectations ahead of the European Central...
Fed likely to maintain dovish stance by end-2020, prop up EM Asian currencies: Scotiabank
Feb 03, 2020 07:09 am UTC| Commentary Central Banks Economy
The Federal Reserve is expected to maintain its dovish stance with the Fed Funds Futures market almost fully pricing in two 25 bp rate cuts by end2020. It will finally prop up EM Asian currencies as the 2019-nCoV outbreak...
Australian bonds rally ahead of RBA monetary policy meeting amid rise in Coronavirus death tolls
Feb 03, 2020 04:11 am UTC| Commentary Economy
The Australian bonds rallied during Asian session of the first trading day of the week Monday, ahead of the Reserve Bank of Australias (RBA) monetary policy meeting, scheduled to be held on February 4 by 03:30GMT amid an...
U.S. Treasuries nearly flat amid muted trading session ahead of host of 2-tier data
Jan 31, 2020 12:39 pm UTC| Commentary Economy
The U.S. Treasuries remained nearly flat during Fridays afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the countrys host of 2-tier economic data, due for release...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects