German PSPP purchases remain biased towards short end, average maturity to rise slightly in 2017
May 02, 2017 22:57 pm UTC| Commentary Economy
Aprils QE figures indicated that the average maturity of German Public Sector Purchase Program (PSPP) purchases stayed the same in April at 4.7 years. Germanys purchases are expected to remain biased towards the short end...

New businesses struggle to get exporting just as Brexit Britain needs it most
May 02, 2017 19:25 pm UTC| Insights & Views Economy
The UK, in common with a number of advanced economies, has had a trade deficit for decades. In simple terms, this means that the country imports more goods and services that it exports. The total trade deficit reached 40...
No FX intervention by DN in April on weaker DKK against EUR
May 02, 2017 16:38 pm UTC| Commentary Central Banks Economy
Denmarks central bank, Danmarks Nationalbank, had actively sold DKK in February and in March as part of its ongoing defence of the peg. But the DKK depreciated a bit against the euro in April, and thus the central bank did...

US under Trump Series: Second quarter growth projected at 4.3 percent
May 02, 2017 11:22 am UTC| Commentary Economy
After data from Bureau of Economic Analysis (BEA) showed last week that the US economy expanded at a much slower pace than anticipated, the Atlanta Feds GDPNow model is projecting a growth of 4.3 percent annualized rate in...
UK gilts slump after reading higher-than-expected April manufacturing PMI
May 02, 2017 10:26 am UTC| Commentary Economy
The UK gilts slumped Friday after witnessing a higher-than-expected manufacturing PMI for the month of April. Also, the countrys construction PMI and services PMI, due to be released on May 3 and 4 respectively are also...
May 02, 2017 08:22 am UTC| Commentary Economy
The yuan is expected to remain relatively steady amid tightened liquidity conditions in the months ahead. However, it will likely face some headwinds in the second half of the year as Chinas economic growth may slow...
New Zealand bonds close higher as investors await GDT price auction, Q1 employment report
May 02, 2017 06:16 am UTC| Commentary Economy
The New Zealand bonds rallied at the time of closing Tuesday as investors wait to watch the countrys GlobalDairyTrade price auction, scheduled to be held later in the day. Also, the countrys first quarter employment...