UK debt yields rise on hopes for Brexit resolution, but market to eye EU summit
Oct 25, 2019 11:44 am UTC| Commentary Economy
The United Kingdoms gilts slumped during European trading hours Friday on hopes that the political uncertainty would resolve with a Brexit deal being approved. The yield on the benchmark 10-year gilts, rose 2-1/2 basis...
German bunds slip on profit booking; next week’s FOMC decision in focus
Oct 25, 2019 11:16 am UTC| Commentary Economy
The German bunds slipped during European session on Friday as investors cashed in profits after debt prices rose a week high. Also, higher than expected October business expectations pushed out traders from safe-haven...
Singapore’s industrial production surprises with 0.1 pct y/y growth in September
Oct 25, 2019 09:52 am UTC| Commentary Economy
Singapores industrial production surprised on the upside with a 0.1 percent y/y growth (+3.7 percent m/m sa) versus our forecast for a 2.6 percent y/y contraction (+4.7 percent m/m sa) and the Bloomberg consensus forecast...
Oct 25, 2019 08:50 am UTC| Commentary Economy
The emerging market Asian currencies are expected to advance further on concerns over being placed on or added to the so-called Monitoring List by the US Treasury Department, as the DXY Index is expected to resume its...
Oct 25, 2019 05:48 am UTC| Commentary Central Banks Economy
The Bank of Japan (BoJ) is expected to keep the policy rate and yield curve control unchanged at the next monetary policy meeting ending on Thursday, October 31. However, it is set to make great efforts to highlight its...
UK gilts flat in muted trading session as Brexit politics still continue to dominate markets
Oct 24, 2019 10:53 am UTC| Commentary Economy
The United Kingdoms gilts remained flat during European trading hours Thursday amid a muted session that witnessed data of little economic significance as Brexit politics continues to dominate financial markets. The...
German bunds slip as October manufacturing PMI disappoints estimates; ECB’s policy decision eyed
Oct 24, 2019 09:53 am UTC| Commentary Economy
The German bunds slipped during European session Thursday after the countrys manufacturing PMI for the month of October disappointed market expectations ahead of the European Central Banks (ECB) monetary policy meeting,...