Smoke haze hurts financial markets as well as the environment

Nov 24, 2019 14:11 pm UTC| Insights & Views Economy Nature

Sydney is currently blanketed by smoke haze from severe bushfires that have burned through New South Wales. Air pollution levels on Thursday reached hazardous levels for the second time in a week. The NSW Rural Fire...

Thai economic growth continues to ease on strong THB, USD/THB to see upside risk in coming months

Nov 22, 2019 11:59 am UTC| Commentary Economy

Thai economy and exports continue to ease because of slower global growth and the strong Thai baht. The Bank of Thailand recently lowered interest rates by 50 basis points in 2019 and the minutes indicate towards a dovish...

QE by the RBA likely to result in lower bond yields in Australia, says Capital Economics

Nov 21, 2019 11:45 am UTC| Commentary Economy Central Banks

The decline in bond yields in Australia and New Zealand throughout 2019 has paused in recent months following optimism about a potential trade deal between the US and China and hawkish language from the Fed, according to...

EM Asian currencies likely to weaken further amid increasing risk aversion, says Scotiabank

Nov 21, 2019 11:04 am UTC| Commentary Economy

The emerging market Asian currencies are expected to weaken further amid increasing risk aversion and remain susceptible to developments in the US-China trade negotiations during the remainder of the year, according to the...

Korea-Japan conflict likely to reduce Japan’s GDP by no more than 0.1 pct this year, says Capital Economics

Nov 21, 2019 06:24 am UTC| Commentary Economy

The tensions between Korea and Japan are unlikely to end anytime soon. That suggests that tourist arrivals may fall further and Koreans will continue to boycott Japanese consumer goods. However, Japans shipments to Korea...

US Treasury yields unlikely to rise much further over the next couple of years, says Capital Economics

Nov 21, 2019 05:51 am UTC| Commentary Economy

US Treasury yields have rebounded over the past few weeks, as worries about the US-China trade war and the outlook for the global economy have eased somewhat. But while they are not expected to revisit their lows, Treasury...

U.S. Treasuries gain ahead of FOMC’s October policy meeting minutes

Nov 20, 2019 12:16 pm UTC| Commentary Economy

The U.S. Treasuries gained during Wednesdays afternoon session amid a relatively quiet day ahead of the Federal Open Market Committees (FOMC) monetary policy meeting minutes for the month of October, scheduled to be...