Australian bonds trade flat in muted session as investors await Fed Chair Powell’s testimony

Jul 09, 2019 05:31 am UTC| Commentary Economy

Australian government bonds remained flat during Asian trading session Tuesday amid a muted trading day that witnessed data of little economic significance ahead of Federal Reserve Chair Jerome Powells scheduled testimony...

German bunds edge tad higher after May industrial production disappoints investors; 10-year auction eyed

Jul 08, 2019 10:45 am UTC| Commentary Economy

The German bunds edged tad higher during European session Monday after the countrys industrial production for the month of May disappointed market investors, while eyes still remain on the 10-year auction, scheduled to be...

Australia ANZ job ads bounce back in June after falling over 8 pct in May

Jul 08, 2019 10:18 am UTC| Commentary Economy

Australias ANZ job ads bounced back in June after falling more than 8 percent in May. The Holiday-year effect in late April and the timing of the election appear to have been responsible for much of the decline in May, and...

EM Asian currencies to weaken moderately as smaller Fed rate cut in July could narrow yield advantage of local assets, says Scotiabank

Jul 08, 2019 07:39 am UTC| Commentary Economy

The emerging markets Asian currencies are expected to weaken moderately as a smaller Fed rate cut in July could narrow the yield advantage of local assets while sparking a potential selloff in US and regional risky assets,...

JGBs close lower after better-than-expected U.S. NFP narrows chances of aggressive rate cuts

Jul 08, 2019 06:21 am UTC| Commentary Economy

The Japanese government bonds closed lower on the first trading day of the week Monday following a better-than-expected rise in the United States non-farm payrolls data for the month of June led to hopes of a lesser...

Australian bonds plunge tracking U.S. Treasuries; 10-year yield jumps 4bps

Jul 08, 2019 05:12 am UTC| Commentary Economy

Australian government bonds plunged during early Asian trading session on Monday tracking sell-off in the U.S. Treasuries. The U.S. Treasury yields rose on Friday on better-than-expected U.S. payroll numbers in June,...

How South Korea and Taiwan grew their economies, while Malaysia and Indonesia trailed behind

Jul 07, 2019 15:18 pm UTC| Insights & Views Economy

South Korea, Taiwan, Malaysia and Indonesia all suffered from Japanese occupation during the second world war. But in the decades of peace that followed, South Korea and Taiwan revived, grew their economies and became...