JGBs suffer despite hopes of worsening August trade balance; BoJ’s policy decision in focus

Sep 18, 2018 05:13 am UTC| Commentary Economy

Japanese government bond prices suffered during late Asian session Tuesday even as market participants expect to see a worse trade balance data for the month of August, scheduled to be released today by 23:50GMT. Also, the...

Global Geopolitical Series: U.S. slaps tariffs on $200 billion Chinese goods with additional $267 billion threat attached

Sep 18, 2018 04:44 am UTC| Commentary Economy

The United States, as anticipated, announced 10 percent tariffs on $200 billion worth of Chinese goods on Monday after the market closing. Several key goods were spared for the moment including Apple iPhones and watches,...

Australia 10-year bond yield hits 5-week high tracking sell-off in U.S. Treasuries

Sep 18, 2018 03:50 am UTC| Commentary Economy

Australian government bonds slumped across the curve during Asian session Tuesday after the U.S. 10-year Treasuries yield surged to a near 4-month high on expectations of the Federal Reserve policy tightening. The yield...

Cryptocurrency Brief: Crypto prices remain range-bound, Binance to launch crypto-fiat trading platform in Singapore, Gemini announces Litecoin support from October 13 – Monday, September 17th, 2018

Sep 17, 2018 11:28 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin prices traded in a tight range during late European session Monday, tracking a mixed bag of news over the past few days. While, Googles removal of three major cryptocurrency wallets from its Playstore and...

German bunds suffer after Eurozone August CPI meets estimates; ECB President Draghi’s speech eyed

Sep 17, 2018 09:29 am UTC| Commentary Economy

The German bunds suffered on the first trading day of the week Monday after eurozones consumer price inflation (CPI) for the month of August, met market expectations. Investors will now be eyeing the European Central Banks...

Singapore August NODX better than market expectations; likely to moderate through rest of 2018: OCBC Bank

Sep 17, 2018 08:57 am UTC| Commentary Economy

Singapores non-oil domestic exports (NODX) came in better than market expectations during the month of August at 5.0 percent y/y (0.4 percent m/m sa), albeit witnessing a significant slowdown from Julys revised 11.0...

USD/TRY likely to rise well above 7.00 mark again over course of next year, says Commerzbank

Sep 17, 2018 08:36 am UTC| Commentary Economy

The USD/TRY currency pair is expected to rise well above the 7.00 mark again over the course of next year, according to the latest research note from Commerzbank. The Turkish central bank was able to implement a rate step...