UK gilts tad higher in silent trading; investors eye Q2 GDP next week

Jul 21, 2017 10:03 am UTC| Commentary Economy

The UK gilts traded tad higher Friday ahead of the countrys Q2 gross domestic product (GDP), scheduled for release early next week amid a silent trading session that witnessed data of little economic significance. The...

FxWirePro: Recession in US still far-fetched idea

Jul 21, 2017 09:19 am UTC| Commentary Economy

There are many indicators like PMI reports, jobs reports, inflation, industrial output, business sales etc. that we take a look into in determining whether the US economy is slowing down and heading for a recession but...

Eurozone periphery bonds jump ahead of benchmark German manufacturing PMI

Jul 21, 2017 09:11 am UTC| Commentary Economy

The Eurozone periphery bonds jumped as investors wait to watch the benchmark Germanys manufacturing PMI, scheduled for release early next week. The benchmark German 10-year bond yields, which moves inversely to its...

Bank Indonesia unlikely to change current monetary policy stance thorough 2017, says ANZ Research

Jul 21, 2017 06:54 am UTC| Central Banks Economy

Bank Indonesia (BI) is expected not to change its current monetary policy stance through 2017 and is keen to preserve the on-going stability in the bond and FX markets. The central banks decision to remain on hold in its...

New Zealand bonds close higher on short-covering; RBA June meeting minutes in focus

Jul 21, 2017 05:36 am UTC| Commentary Economy

The New Zealand bonds ended on the upside Friday as investors remain sidelined in any major trading activity due to lack of any economically significant data and tracking some strength in the U.S. Treasuries. Also, markets...

Australian bonds jump tracking firmness in U.S. Treasuries, short-covering

Jul 21, 2017 04:44 am UTC| Commentary Economy

The Australian bonds jumped on the last trading day of the week, tracking similar movement in the U.S. Treasuries and as investors covered previous short positions. The yield on the benchmark 10-year Treasury note,...

If the UK is going to make more people retire later, it needs to get creative

Jul 20, 2017 16:05 pm UTC| Insights & Views Economy

The UK government has made a surprise announcement that the rise in state pension age to 68 is to be phased in from 2037, instead of 2044. Made just days before the end of an unusually troubled parliamentary session, it is...