German bonds flat ahead of Eurogroup meeting, Eurozone’s July trade balance
Sep 14, 2017 08:16 am UTC| Commentary Economy
The German government bonds traded flat Thursday as investors wait to watch the Eurogroup meeting, scheduled to be held on September 15, besides, the common currency blocs trade balance for the month of July, due on the...
SNB monetary policy: Assessing future bias
Sep 14, 2017 07:57 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...
Global Geo-political Series: Trump administration blocks Chinese acquisitions of U.S. tech company
Sep 14, 2017 07:26 am UTC| Commentary
Trump administration has blocked an attempt by a Chinese company to acquire a U.S. technology company citing national security concerns. The tough stance against China continues under the Trump administration which has...
New Zealand bonds slump at close after consumer confidence instils hopes amid range-bound trading
Sep 14, 2017 06:09 am UTC| Commentary Economy
The New Zealand bonds slumped at the time of closing Thursday after a private survey revealed an upbeat consumer confidence amid a silent trading session that witnessed data of least economic significance. Also, investors...
Most Asian markets in red, gold flat at $1,320
Sep 14, 2017 05:44 am UTC| Commentary
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,320 mark and silver was trading around $17.68 mark. Japans Nikkei was trading 0.30 pct lower at 19,808.50 points. Hong...
JGBs trade downside after industrial production remains unchanged in July
Sep 14, 2017 05:34 am UTC| Commentary Economy
The Japanese government bonds traded on the downside after the countrys industrial production declined as initially estimated in July, at the same levels as was witnessed in June. The yield on the benchmark 10-year...
SNB unlikely to make policy changes today
Sep 14, 2017 04:51 am UTC| Commentary Central Banks
Swiss National Bank (SNB) will announce interest rate decision at 7:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Fed and signal...