New Zealand 10-year bond yields hit lowest since US Presidential election following weak global risk appetite

Apr 13, 2017 04:55 am UTC| Commentary Economy

The New Zealand 10-year bond yields hit lowest since the United States Presidential election following global weak risk appetite. Also, safe-haven demand boosted after U.S. President Donald Trump said that he favors low...

Australian bonds rally following President Trump’s low Fed funds rate comments

Apr 13, 2017 04:32 am UTC| Commentary Economy

The Australian bonds rallied Thursday following prompted by comments by U.S. President Donald Trump on favoring low interest rates made in a newspaper interview published in late U.S. trading. The yield on the benchmark...

Can universal basic income counter the ill-effects of the gig economy?

Apr 12, 2017 17:20 pm UTC| Insights & Views Economy

Platforms like eBay, Uber, Airbnb, and Freelancer are thriving, growing the digital economy and disrupting existing business. The question is how to ensure that the transformations they entail have a positive impact on...

S&P affirms Singapore's rating at 'AAA/A-1+' on robust public finances; outlook stable

Apr 12, 2017 15:41 pm UTC| Commentary Economy

SP Global Ratings agency has affirmed its unsolicited AAA long-term and A-1+ short-term sovereign credit ratings on the Republic of Singapore. The outlook remains stable. It also affirmed the axAAA long-term and axA-1+...

How wage growth contributes to the economy

Apr 12, 2017 15:10 pm UTC| Insights & Views Economy

The Fair Work Commission is considering whether to increase Australias minimum wage. The Australian Council of Trade Unions is arguing for a A$45-a-week rise. Industry, arguing that currently business has limited ability...

Central Banking Series

Fed likely to commence reducing its balance sheet later this year or in early 2018, says ANZ

Apr 12, 2017 12:53 pm UTC| Economy Commentary Central Banks

The Fed looks set to commence reducing its balance sheet later this year or in early 2018, reported ANZ in its research note. The Fed to phase out its reinvestments because ceasing immediately would provide too abrupt a...

U.S. Treasuries gain ahead of FOMC member Kaplan’s speech

Apr 12, 2017 12:34 pm UTC| Commentary Economy

The U.S. Treasuries gained Wednesday ahead of the Federal Open Market Committee (FOMC) member Robert Kaplans scheduled speech later in the day. The yield on the benchmark 10-year Treasury remained slumped nearly 2 basis...