Bank Indonesia likely to raise rates by 25 bps by Q3 2017 on expectations of upbeat GDP, says DBS Bank

Jun 26, 2017 06:39 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is expected to hike its benchmark interest rate by 25 basis points to 5.00 percent by the Q3 this year, on expectations of a strong growth in the countrys gross domestic product (GDP). Also, the...

New Zealand bonds end tad higher ahead of May trade balance data

Jun 26, 2017 05:35 am UTC| Commentary Economy

The New Zealand bonds closed Mondays session on a tad higher note as investors wait to watch the countrys trade balance data, for the month of May, scheduled to be released on June 27. At the time of closing, the yield...

Australian bonds remain flat in otherwise muted trading; investors await RBA’s Debelle’s speech

Jun 26, 2017 04:35 am UTC| Commentary Economy

The Australian bonds remained flat at the start of the week Monday as investors remain sidelined in any major trading activity amid a muted trading session that witnessed data of little economic significance. Also,...

U.S. Treasuries remain flat ahead of FOMC speeches, 5-year auction

Jun 23, 2017 12:44 pm UTC| Commentary Economy

The U.S. Treasuries remained flat Friday as investors remain geared up to witness a host of speeches by the Federal Open Market Committee (FOMC) members by late today. Further, the countrys 5-year auction, due early next...

Eurozone PMI moderation in June unlikely to derail growth, high consumer confidence suggests strong year ahead

Jun 23, 2017 11:55 am UTC| Insights & Views Economy

The headline IHS Markit Eurozone PMI fell from a joint six-year high of 56.8 in May to a five-month low of 55.7 in June, according to the preliminary flash estimate released earlier today. Data missed economists forecasts...

Eurozone periphery bonds mixed post higher-than-expected German manufacturing PMI

Jun 23, 2017 09:22 am UTC| Commentary Economy

The Eurozone periphery bonds traded mixed Friday after reading a higher-than-expected rise in the German manufacturing PMI for the month of June, released earlier today. The benchmark German 10-year bond yields, which...

USD/TWD likely to hold around 30.40–30.70 range in the near-term, says Commerzbank

Jun 23, 2017 07:53 am UTC| Commentary Economy

The USD/TWD currency pair is expected to hold at levels of around 30.40-30.70 in the coming months after the Central Bank of the Republic of China (Taiwan) (CBC) remained on hold, Commerzbank reported. The Central Bank...