Bank of England’s Vlieghe warns of consumer slowdown, reiterates need for caution on interest rates

Apr 06, 2017 13:32 pm UTC| Commentary Economy Central Banks

Speaking at Bloombergs European headquarters in London on Wednesday, Bank of England (BoE) policy maker Gertjan Vlieghe said that there is no need for interest rate rise soon. He warned that consumer finances are...

US under Trump Series

US under Trump Series: Trump-Xi meeting would determine inflation or deflation for global economy

Apr 06, 2017 11:31 am UTC| Commentary Economy

The US President Donald Trump is set to meet his Chinese counterpart Xi Jinping today and they will hold meetings over the next two days in President Trumps Mar-a-Lago resort in Florida. The future of the global economy...

U.S. Treasuries trade flat ahead of initial jobless claims, March employment report

Apr 06, 2017 11:31 am UTC| Commentary Economy

The U.S. Treasuries traded flat Thursday despite expectations of a modest fall in the countrys initial jobless claims, scheduled to be released later in the day. The yield on the benchmark 10-year Treasury hovered...

Bank of England likely to hold rates well into 2018 and probably beyond - Rabobank

Apr 06, 2017 11:08 am UTC| Insights & Views Economy Central Banks

Despite signs of a slight slowdown, UK economic growth has held up much better than expected since the Brexit referendum. The PMIs for manufacturing, construction and services published this week suggest Britains economy...

UK gilts plunge on expectations of rebound in February manufacturing production; BoE Governor Carney’s speech eyed

Apr 06, 2017 09:46 am UTC| Commentary Economy

The UK gilts plunge on expectations that the countrys manufacturing production will witness a rebound during the month of February. Also, market participants are curiously eyeing the Bank of England (BoE) Governor Mark...

German bunds trade narrowly mixed after ECB President Draghi comments against change in current policy stance

Apr 06, 2017 08:42 am UTC| Commentary Economy

The German bunds trade narrowly mixed Thursday after European Central Bank (ECB) President Mario Draghi commented that he does not see any reason to bring about any change in the zones current monetary policy stance. Also,...

Fed likely to begin quantitative tightening by Q1 2018, says Danske Bank

Apr 06, 2017 06:01 am UTC| Economy Commentary Central Banks

The United States Federal Reserve is expected to begin its quantitative tightening by the first quarter of 2018 while the consensus among both primary dealers and analysts is mid-2018. The Federal Open Market Committee...