JGBs gain towards end of trading week; falling U.S. 10-year yields cushion debt prices
May 24, 2018 05:19 am UTC| Commentary Economy
Japanese government bonds gained as we approach towards the end of the week on Thursday, following a massive decline sparked off in the United States 10-year yields, post minutes of the FOMCs May monetary policy meeting,...
FxWirePro: Asian markets mixed, gold stabilizes above $1,290 mark
May 24, 2018 04:22 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Thursday. Gold was trading around $1,295 mark while silver was trading around $16.43 marks. Japans Nikkei was trading 1.22 pct lower at 22,412.55...
Australian bonds continue to rally tracking upward pressure in U.S. Treasuries
May 24, 2018 03:58 am UTC| Commentary Economy
Australian government bonds ralliedon Thursdaytracking firmness in the U.S. Treasuries as investors risk sentiments weighed down by renewed geopolitical caution towards US negotiations with North Korea and China. The...
Euro area flash consumer confidence index falls slightly in May
May 23, 2018 21:27 pm UTC| Commentary
The flash euro area consumer confidence index dropped slightly and missed expectations, but it remained highly elevated by historical standards in May. This implies that household consumption might continue to be on a...
U.K. CBI Distributive Trades survey rises in May, pressures in retail sector likely to persist
May 23, 2018 21:20 pm UTC| Commentary
The U.K. CBI Distributive Trades survey implied that the retail sector recorded some relief in the middle of the second quarter following a few particularly challenging months when stories about store closures dominated...
U.S. Architecture Billings Index rises in April, non-residential construction to see solid momentum
May 23, 2018 19:55 pm UTC| Commentary
The U.S. Architecture Billings Index rose in April. The index expanded by 1 point to 52 in April from Marchs 51. Given the month-to-month volatility, not too much should be interpreted into a single gain or loss, noted...
Bank of Korea likely to keep policy rate on hold, inflation to stay stable in coming months
May 23, 2018 19:42 pm UTC| Commentary
The Bank of Korea is set to meet for its policy rate decision tomorrow. According to a Scotiabank research report, the central bank is expected to keep its policy rate on hold at 1.50 percent given the countrys benign...