Australian bonds trade mixed ahead of RBA policy decision; market pricing 25bps rate cut
Jun 03, 2019 04:25 am UTC| Commentary Economy
Australian government bonds traded mixed during early Asian session on Monday ahead of the Reserve Bank of Australia monetary policy decision scheduled on June 4, where market is pricing a 25 basis points rate...
German bund yields plunge following lower-than-expected April retail sales data; eyes on May CPI
May 31, 2019 11:05 am UTC| Commentary Economy
The German bund yields plunged during European trading session Friday following a lower-than-expected reading of the countrys retail sales for the month of April, while investors continue to focus on the consumer price...
Concerns about a U.S. recession continue to appear exaggerated, to grow 2.7 pct in 2019: Commerzbank
May 31, 2019 10:57 am UTC| Commentary Economy
The US economy grew by 3.2 percent in the first quarter of this year, more than in the final quarter of 2018. Measured against the difficult environment (temporary shutdown of federal authorities, trade conflicts and...
May 31, 2019 10:15 am UTC| Commentary Central Banks Economy
The Reserve Bank of Australia (RBA) is expected to adopt a rate cut at its upcoming monetary policy meeting scheduled to be held next week, according to the latest report from ANZ Research. The market will be shocked if...
May 31, 2019 06:55 am UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) is expected to use the current low rate of headline inflation as justification for a third consecutive rate cut at the conclusion of its policy meeting on Thursday, June 6, according to the...
May 31, 2019 06:22 am UTC| Commentary Economy
The Japanese government bonds closed higher on the last trading day of the week Friday, following dovish comments from Federal Open Market Committee (FOMC) member Richard Clarida in his overnight speech. Also, the...
Australian 10-year bond yield hits new low on hopes of RBA rate cut next week
May 31, 2019 04:13 am UTC| Commentary Economy
Australian government bonds gained sharply during Asian session on Friday on hopes that the Reserve Bank of Australia will cut interest rate on June 4. Market is pricing a 25 basis points rate, the probability attached to...