Australian bonds sag on growing optimism for US-China trade deal; 10-year yield jumps over 6bps
Jan 07, 2019 04:30 am UTC| Commentary Economy
Australian government bonds slumped across the curve during early Asian session Monday as investors remained optimistic about progress in the US-China trade talks. The yield on Australias benchmark 10-year note, which...
How Macau became the world's casino capital
Jan 04, 2019 16:03 pm UTC| Insights & Views Economy
Macau is Chinas answer to Las Vegas. But the former Portuguese colony has long surpassed the City of Lights as the worlds casino capital, with revenue from gambling receipts exceeding the entire state of Nevada back in...
Jan 04, 2019 06:25 am UTC| Commentary Economy
The USD/CNH currency pair is expected to trade towards 6.60-6.70 as the US and China are increasingly likely to reach a trade deal by the March 1 deadline, according to the latest research report from Scotiabank. Chinas...
Australian bonds slump on profit booking; 10-year yield jumps 4bps
Jan 04, 2019 04:30 am UTC| Commentary Economy
Australian government bonds slumped across the curve during early Asian session Friday as investors cashed in profits by closing their short positions ahead of the holidays. The yield on Australias benchmark 10-year...
Danish central bank intervenes in FX market for first time in 20 months in December
Jan 03, 2019 18:10 pm UTC| Commentary Economy
Danish central bank, Dankmarks Nationalbank, published the December FX reserve data today. The foreign exchange reserve fell in the month to DKK 457 billion, owing to the intervention buying of DKK 12 billion by the...
UK gilts suffer despite lower-than-expected December construction PMI; services PMI in focus
Jan 03, 2019 11:16 am UTC| Commentary Economy
The UK gilts suffered during Thursdays afternoon session even as the countrys construction PMI for the month of December, released today, missed market expectations, also lower than the previous reading in November....
German bunds narrowly mixed ahead of December unemployment change, Eurozone CPI data
Jan 03, 2019 10:16 am UTC| Commentary Economy
The German bunds remained narrowly mixed during European session Thursday ahead of the countrys unemployment change data, for December, scheduled to be released on January 4 by 08:55GMT, besides the Eurozones consumer...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects