PBoC avows more rate cuts to offset coronavirus impact, says ANZ Research
Feb 25, 2020 08:08 am UTC| Commentary Central Banks Economy
The deputy governor of the Peoples Bank of China (PBoC), Chen Yulu, elaborated on recent monetary policy measures at a press conference held by the State Council on Monday, February 24. He outlined three measures to shore...
Surge in coronavirus cases fuels growth risks in South Korea, says Oxford Economics
Feb 25, 2020 07:26 am UTC| Commentary Economy
The coronavirus outbreak is expected to dampen South Koreas exports and industrial production due to weaker Chinese demand. This is mainly due to the lockdowns in several Chinese cities and delays in economic activity...
Australian ANZ-Roy Morgan consumer confidence declines on weakness in financial conditions
Feb 25, 2020 06:00 am UTC| Commentary Economy
Australias ANZ-Roy Morgan consumer confidence declined 0.7 percent last week, driven lower by weakness in financial conditions. Current finances fell 4 percent compared to the prior week, while future finances declined...
Australian bonds tad up in silent session tracking U.S. Treasuries amid decline in S&P500
Feb 25, 2020 05:07 am UTC| Commentary Economy
Australian bonds remained tad higher on Tuesday tracking a similar movement in the United States Treasuries amid a silent trading session that witnessed data of little economic significance. However, the SP500 index...
U.S. Treasuries gain amid muted trading session ahead of FOMC speeches, 2-year auction
Feb 24, 2020 13:28 pm UTC| Commentary Economy
The U.S. Treasuries gained during Mondays afternoon session amid a muted trading session that witnessed data of little economic significance. The yield on the benchmark 10-year Treasury yield plunged 7-1/2 basis points...
UK gilts surge ahead of 10-year auction, BoE MPC members’ speeches
Feb 24, 2020 11:29 am UTC| Commentary Economy
The United Kingdoms surged during European trading hours Tuesday ahead of the countrys 10-year auction, scheduled to be held on February 25 by 10:45GMT and a host of speeches by members of the Bank of Englands (BoE)...
German bunds jump despite better-than-expected Feb Ifo business climate; Q4 GDP eyed
Feb 24, 2020 11:06 am UTC| Commentary Economy
The German bunds jumped during afternoon session of the first trading day of the week Monday even as the countrys Ifo business climate index for the month of February came in better than market expectations. However,...
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