Bank Negara Malaysia likely to adopt two rate hikes of 25 bps each in 2018, says ANZ Research

Nov 24, 2017 10:16 am UTC| Commentary Economy Central Banks

Bank Negara Malaysia (BNM) is expected to adopt two rate hikes of 25 basis points each in 20108, with the first one in January 2018, according to a recent report from ANZ Research. The downside surprise to October...

UK gilts decline in muted trading session, reverse gains post Q3 GDP data

Nov 24, 2017 09:23 am UTC| Commentary Economy

The UK gilts declined on the last trading day of the week amid a silent session that witnessed least data of any major economic significance, reversing all gains seen after the release of the third-quarter gross domestic...

German bunds slump after Ifo business climate index beats expectations in November

Nov 24, 2017 09:14 am UTC| Commentary Economy

The German bunds slumped Friday after the countrys business climate index released by Ifo hit a new record-high during the month of November, also surpassing what markets had initially anticipated. The German 10-year...

Euro likely to extend further gains in 2018, says Canadian Imperial Bank

Nov 24, 2017 06:45 am UTC| Commentary Economy

The common currency is expected to extend further gains going into 2018, according to a recent report from the Canadian Imperial Bank. On track to cut back asset purchases later this month, the ECB is now on the precipice...

New Zealand bonds close higher after imports hit record high in October, trade deficit widens

Nov 24, 2017 05:28 am UTC| Commentary Economy

New Zealand government bonds closed higher on Friday after the countrys imports hit a record high in October. Also, rising expectations that the Reserve Bank of New Zealand is set to keep interest rates at record lows for...

Long-term JGB yields rise after BoJ reduces size of bonds purchases

Nov 24, 2017 04:13 am UTC| Commentary Economy

Japanese government bonds slumped on Friday after the Bank of Japan reduces the size of its bonds purchases by 10 billion yen. The yield on the benchmark 10-year Treasury note, which moves inversely to its price,...

Australian bonds gain on weak investors’ sentiments; dovish RBA minutes still weigh

Nov 24, 2017 02:55 am UTC| Economy Commentary

Australian bonds gainedon Fridayas investors moved into safe-haven buying following weakness in the riskier assets like equities and crude oil. Also, the Reserve Bank of Australias dovish November meeting minutes still...