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...

Singapore’s Q3 GDP growth upwardly revised, inflation likely to rise in November

Nov 23, 2017 12:50 pm UTC| Commentary Economy

Singaporean economic growth was upwardly revised from its initial advanced reading for the third quarter of 2017. The sequential growth was upwardly revised to 8.8 percent from the initial advanced reading of 6.3 percent....

UK gilts jump after Q3 preliminary GDP remains unchanged

Nov 23, 2017 10:35 am UTC| Commentary Economy

The UK gilts jumped after the countrys third-quarter gross domestic product (GDP) remained unchanged compared to that in the second quarter, although meeting market expectations as households spending increased at the...

German bunds tad down after Q3 GDP remains steady, manufacturing PMI beats expectations

Nov 23, 2017 08:49 am UTC| Commentary Economy

The German bunds traded flat Thursday after the countrys gross domestic product (GDP) for the third quarter of this year showcased a solid reading, albeit unchanged from that in the second-quarter. Also, the manufacturing...