JGBs climb after BoJ drops time-frame for achieving 2 pct inflation goal in its quarterly outlook report

Apr 27, 2018 04:31 am UTC| Commentary Economy

The Japanese government bonds climbed during late Asian session Friday after the Bank of Japan (BoJ) dropped the expected time-frame for reaching the 2 percent inflation target in its quarterly outlook report released...

Australian bonds gain after U.S. 10-year Note yield dips below 3 pct mark; eyes on RBA’s policy decision

Apr 27, 2018 03:25 am UTC| Commentary Economy

Australian government bonds gainedon Fridayas a fresh wave of buying pressured the U.S. 10-year Treasury note rate to under 3 percent mark. Markets will now eye the Reserve Bank of Australia (RBA) monetary policy decision...

Bank of England likely to hike interest rates in May

Apr 26, 2018 21:52 pm UTC| Commentary Economy

The Bank of England, during its March policy meeting, had kept its rates on hold. However, the policymakers are expected to eventually hike rates again as soon as the May meeting, noted Wells Fargo in a research...

U.S. economic growth likely slowed in Q1 2018 – Wells Fargo

Apr 26, 2018 21:51 pm UTC| Commentary

The U.S. economic growth is likely to have slowed in the March quarter of this year. According to a Wells Fargo research report, the economy is expected to have grown at an annualized rate of 1.3 percent, a slowdown from...

German consumer sentiment falls slightly but remain upbeat

Apr 26, 2018 21:05 pm UTC| Commentary

German consumers continued to be upbeat about their personal finances, and their willingness to purchase rose to one of the strongest levels in the latest month. But their economic optimism deteriorated, with the relevant...

ECB keeps monetary policy on hold, likely to further postpone decisions

Apr 26, 2018 20:46 pm UTC| Commentary Central Banks

The ECB Governing Council decided to keep its monetary policy on hold today and kept its Forward Guidance unchanged, as widely anticipated. However, market participants and observers had at least expected that ECB...

U.S. advance goods trade deficit narrows more than expected in March

Apr 26, 2018 19:40 pm UTC| Commentary

The U.S. advance goods trade balance came in above expectations in March. The goods trade deficit narrowed by nearly USD 8 billion to USD 68 billion, as compared with consensus expectations of a deficit of USD 75...