UK inflation pause likely temporary, further rises expected, BoE to keep rates steady this year

Apr 11, 2017 11:43 am UTC| Insights & Views Economy

U.K. inflation stood held steady at 2.3 percent in annual terms in the month of March, data from the Office for National Statistics (ONS) showed on Tuesday. Data was in line with economists forecasts in a Reuters poll. The...

UK gilts decline post steady March CPI reading; investors eye February unemployment report

Apr 11, 2017 11:25 am UTC| Commentary Economy

The UK gilts declined Tuesday after reading a stable consumer price inflation (CPI) during the month of March. Also, investors remain keen to watch the countrys February unemployment rate data, scheduled to be released on...

Central Banking Series

PBoC unlikely to further cut official lending rate this year, says Fitch Ratings

Apr 11, 2017 10:55 am UTC| Commentary Central Banks Economy

The Peoples Bank of China has increased a number of key money-market interest rates, and any further cuts in the official policy lending rate this year is broadly unexpected. House purchase restrictions have also been...

German 10-year bunds rally ahead of 10-year auction, March CPI data

Apr 11, 2017 10:41 am UTC| Commentary Economy

The German 10-year bund yields hit lowest Monday since February this year from mounting political uncertainty ahead of a number of crucial elections in the euro zone. The yield on the benchmark 10-year bond, which moves...

EUR/GBP likely to remain implicitly heavy towards 0.8485, says OCBC Treasury Research

Apr 11, 2017 07:58 am UTC| Commentary Economy

The EUR/GBP currency pair is expected to remain implicitly heavy towards 0.8485, following inherent risks surrounding the euro. GBP-USD to floated above 1.2400 on the back of a vulnerable broad USD but expect some...

Shadow banking and where it came from

Apr 11, 2017 07:03 am UTC| Insights & Views Law Economy

The term shadow banking often has connotations of dodgy lending and borrowing practices, out of reach of regulators. And while its use may contribute to risk, in reality shadow banking does serve a purpose in our economy,...

Malaysia February industrial production likely to touch 7.8 pct on-year following upbeat export performance, says DBS Bank

Apr 11, 2017 07:00 am UTC| Commentary Economy

Strong export performance has raised hope for Malaysias February industrial production figures. A healthy expansion of 7.8 percent y/y, as compared to 3.5 percent in the previous month, is likely. This is more than double...