USD/INR likely to trade even higher towards 68.00 level, to start consolidating if 10-year UST yield stabilizes: Scotiabank

Apr 26, 2018 06:27 am UTC| Commentary Economy

The USD/INR currency pair is expected to trade even higher towards the 68 level, although the pair has been technically overbought according to the RSI index. Further, the pair is also seen to start consolidating if the...

Japan 10-year bond yield hits over 7-week high after U.S. counterpart extends gains beyond 3 pct mark

Apr 26, 2018 05:03 am UTC| Commentary Economy

The Japanese 10-year government bond yield climbed to over 7-week high during late Asian session Thursday after the United States counterpart breached the 3.00 psychological mark overnight, owing to rising expectations of...

Australian 10-year bond yield hovers near 2-month high following heavy sell-off in U.S. Treasuries  

Apr 26, 2018 03:19 am UTC| Commentary Economy

Australian government bonds slumpedon Thursdayfollowing heavy sell-off in the U.S. Treasuries, pushing the U.S. 10-year Note yield above 3 percent mark for the first time in 4-1/2 years. The yield on Australias...

10-year UST yield breaches 3.00 psychological level first time in 4-1/2 years on hopes of higher inflation, faster Fed rate hikes

Apr 25, 2018 11:21 am UTC| Commentary Economy

The U.S. Treasuries finally breached the 3.00 psychological mark after a span of 4-1/2 years, hovering around that level in the overnight session. However, it started to jump back again on market expectations of a rising...

German bunds struggle in silent session ahead of ECB’s monetary policy decision

Apr 25, 2018 09:15 am UTC| Commentary Economy

The German bunds struggled during European session Wednesday amid a silent trading day that witnessed data of less economic significance. Investors will now be eyeing the European Central Banks (ECB) monetary policy...

Rise in U.S. borrowing rates pose headwind to capital investments, likely to weigh on equipment spending: Wells Fargo Securities

Apr 25, 2018 08:08 am UTC| Commentary Economy

The recent rise in borrowing costs in the United States pose serious headwinds to capital investments and is likely to weigh on equipment spending as well, a recent research report by Wells Fargo Securities found. After...

BoJ likely to maintain 'QQE with yield curve control' policy unchanged at Friday’s policy meeting, says Danske Bank

Apr 25, 2018 06:22 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is expected to maintain its QQE with yield curve control policy unchanged at the next two-day monetary policy meeting ending onApril 27, according to the latest report from Danske Bank. Also, there...