U.S. Treasuries lose strength after FOMC delivers rate hike, softer initial jobless claims likely

Jun 15, 2017 12:01 pm UTC| Commentary Economy

The U.S. Treasuries lost after the Federal Reserve decided to hike the Fed funds rate by 25 basis points to 1.00-1.25 percent, despite a fall in the countrys consumer inflation. Also, expectations of a fall in the initial...

UK retail sales fall more than expected, suggest slowdown in household spending

Jun 15, 2017 11:40 am UTC| Insights & Views Central Banks Economy

According to data released by The Office for National Statistics, the annual rate of growth in UK retail sales slipped to 0.9 percent, the lowest since April 2013. After a stronger than anticipated April retail sales on...

UK gilts slump after BoE keeps interest rate unchanged; markets await Governor Carney’s speech

Jun 15, 2017 11:31 am UTC| Commentary Economy

The UK gilts slumped Thursday after the Bank of England (BoE) kept the benchmark interest rate unchanged at the monetary policy meeting, held today. However, markets have largely shrugged off the lower-than-expected retail...

Eurozone periphery bonds remain mixed ahead of May CPI, Eurogroup meeting

Jun 15, 2017 09:05 am UTC| Commentary Economy

The Eurozone periphery bonds traded mixed Thursday ahead of the zones consumer price inflation index (CPI), scheduled to be released on June 16. Also, the Eurogroup meetings, due later today will render further direction...

EUR/DKK likely to fall to 9.00 within a year, says Danske Bank

Jun 15, 2017 08:19 am UTC| Commentary Economy

The krone has fallen relatively far since mid-February despite growth in the Norwegian economy surprising to the upside. Slightly lower inflation than anticipated may have fuelled expectations of Norges Bank having to cut...

New Zealand bonds remain upbeat at close on lower-than-expected Q1 GDP

Jun 15, 2017 06:17 am UTC| Commentary Economy

The New Zealand bonds remained strongly upbeat at the time of closing Thursday after investors poured into safe-haven assets on the back of lower-than-expected gross domestic product (GDP) for the first quarter of this...

Bank Indonesia likely to keep policy rate steady this week, says DBS Bank

Jun 15, 2017 05:30 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is expected to keep its policy rate steady this week. While the first-quarter GDP growth came in slightly disappointing, there are enough data to suggest stronger growth momentum in 2H17. There is less...