JGB yields dive negative up to seven years after BOJ actions
Jan 29, 2016 09:51 am UTC| Commentary
After Bank of Japan (BOJ) introduced negative rates for first time by cutting policy rates by 20 basis points to -0.1% and promises to do more as required, Japanese government bond yields have taken a nose dive, along with...
Post-BoJ German 2 year yield drops to lowest ever
Jan 29, 2016 09:38 am UTC| Commentary
Market is more certain after todays actions from Bank of Japan (BOJ), which reduced rates by 20 basis points to -0.1%, that European Central Bank (ECB) to be next in line in terms of easing. So 2016, is going to be another...
Mexican economy likely slowed down to 2.4% y/y in Q4
Jan 29, 2016 09:04 am UTC| Commentary
Mexicos economy is projected to have slowed down in Q4 to 2.4% y/y, as compared with the 2.6% y/y growth registered in Q3. The economy is expected to have expanded by 2.5% in 2015, indicating a moderate rebound from 2.3%...
South Korea’s manufacturing economy likely to continue losing momentum in 2016
Jan 29, 2016 08:41 am UTC| Commentary
South Korean December industrial output declined 1.9% y/y, slightly lower than Barclays projection of -3% and consensus expectation of -3.3%. Industrial production, on a seasonally adjusted basis, rose 1.3% m/m after...
Between the line details of BOJ monetary policy today
Jan 29, 2016 07:50 am UTC| Commentary Central Banks
Key highlights of the day is that Bank of Japan (BOJ), adopted negative interest rates for first time in its history. However in todays monetary policy statement and other release, there are some other details that...
Guide to today’s important data and events
Jan 29, 2016 07:19 am UTC| Commentary
Lot of economic dockets be released today and some with high risks associated. Data released so far Australia - Private sector credit rose 6.6% in December, from a year ago. Producer price index rose 1.9% y/y in...
South Korea’s nominal trade likely contracted in January
Jan 29, 2016 07:18 am UTC| Commentary
South Koreas exports and imports are expected to further fall in January in terms of dollar-denominated flows. Exports are likely to decline to $38.0bn from $42.5bn, whereas imports are expected to fall to $32.0bn from...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.