BoC likely to raise overnight rate by 25bps in July, October and Q1 2018: Scotiabank

Jun 29, 2017 05:06 am UTC| Commentary Central Banks Economy

The Bank of Canada (BoC) is expected to raise its overnight rate by 25 basis points in July, 25 bps in October, and a further 25bps inQ1 2018, thereby removing the 50bps of insurance that Governor Poloz implemented in 2015...

Australian bonds slump as sell-off continues in global debt market after ECB President Draghi’s comments

Jun 29, 2017 04:11 am UTC| Commentary Economy

The Australian bonds slumped Thursday as the massive sell-off continued in global debt markets in response to the European Central Bank (ECB) President Mario Draghis comments late Tuesday and Wednesday. The yield on the...

UK to see modest growth in Q2, slowdown likely to be temporary

Jun 28, 2017 11:51 am UTC| Insights & Views Economy

UK second quarter started off on a bad note as the manufacturing and construction sectors performed poorly in April. Office for National Statistics data showed that manufacturing rose by just 0.2 percent in the month,...

U.S. Treasuries slump as investors await 7-year auction, Q1 growth

Jun 28, 2017 11:23 am UTC| Commentary Economy

The U.S. Treasuries slumped ahead of the 7-year auction, due to be held later in the day. Also, the countrys Q1 GDP, initial jobless claims and FOMC member Bullards speech, due on June 29, will provide further direction to...

Vietnam trade deficit likely to widen in June to USD230 mln, says DBS Bank

Jun 28, 2017 10:41 am UTC| Commentary Economy

Vietnam trade deficit, due on June 29 is expected to continue to widen and the consensus is expecting a trade deficit of USD230 million. If that happens, itll bring overall trade deficit for the first six months of the...

UK 10-year gilt yields jump to 1-1/2 month high ahead of BoE Governor Carney’s speech, Q1 GDP

Jun 28, 2017 09:51 am UTC| Commentary Economy

The UK 10-year gilt yields jumped to a 1-1/2 month high Wednesday as investors wait to watch the Bank of England (BoE) Governor Mark Carneys speech, scheduled to be held later in the day. Also, the release of Q1 GDP by the...

Eurozone periphery bonds mixed ahead of benchmark German CPI, unemployment rate

Jun 28, 2017 09:13 am UTC| Commentary Economy

The Eurozone periphery bonds remained mixed on Wednesday as investors are looking forward to the release of benchmark German consumer price inflation for the month of June, due on June 29. Also, the countrys unemployment...