BSP likely to commence tightening cycle in Q3, raise policy rate by cumulative 50 bps in 2017: ANZ Research

Jun 08, 2017 08:54 am UTC| Commentary Central Banks Economy

The Philippines central bank is expected to commence its tightening cycle in Q3 and raise its policy rate by a cumulative 50 basis points in 2017 and 75 basis points in 2018. The monthly contraction in utilities and...

JGBs trade flat post lower-than-expected Q1 GDP

Jun 08, 2017 08:04 am UTC| Commentary Economy

The Japanese government bonds traded flat Thursday, post the release of the countrys gross domestic product (GDP) for the first quarter of this year, released earlier today. The benchmark 10-year bond yield, which moves...

New Zealand bonds rally at close in silent trading session

Jun 08, 2017 05:53 am UTC| Commentary Economy

The New Zealand rallied at close in a silent trading session that witnessed no significant data. Also, the countrys dairy prices eased at the latest GlobalDairyTrade (GDT) price auction, held earlier today. However, prices...

Malaysia GDP growth likely to register 5.0 pct in 2017, says DBS Bank

Jun 08, 2017 05:36 am UTC| Commentary Economy

Malaysias gross domestic product (GDP) is expected to register 5.0 percent in 2017, up from the previous forecast of 4.5 percent. Despite the drag from net exports, overall GDP growth for the year will still turn out...

Australian bonds slump on profit-booking amid lack of significant data, investors defy softer trade surplus

Jun 08, 2017 04:48 am UTC| Commentary Economy

The Australian bonds slumped Thursday as investors booked profits amid a lack of significant data through the day. However, investors have largely shrugged off the easing in the countrys trade surplus for the month of...

Absence of domestic inflationary pressures likely to keep RBA on hold for the foreseeable future

Jun 07, 2017 12:27 pm UTC| Insights & Views Economy Central Banks

Australias Q1 GDP report released on Wednesday came in largely in line with market forecasts but weaker than the implied quarterly forecast published in the RBAs May Statement on Monetary Policy. Australias GDP rose by a...

U.S. Treasuries trade lower on expectations of drop in initial jobless claims

Jun 07, 2017 11:19 am UTC| Commentary Economy

The U.S. Treasuries traded lower Wednesday, following expectations of a drop in the countrys initial jobless claims, scheduled to be released on June 8. The yield on the benchmark 10-year Treasury slumped nearly 3 basis...