JGBs flat in muted trading amid higher risk sentiments among investors
Sep 13, 2017 04:01 am UTC| Commentary Economy
The Japanese government bonds traded flat in muted trading session as investors shifted towards riskier assets including equities and oil. Also, a rise in US Treasury yields post the tepid 10-year auction added to further...
Australian bonds track weakness in U.S. Treasuries post softer 10-year auction
Sep 13, 2017 02:58 am UTC| Commentary Economy
The Australian bonds slumped, tracking weakness in the U.S. Treasuries, after the latter rose for a third straight session as softer demand for benchmark 10-year notes pressured overall bond prices at the latest 10-year...
EUR/SEK likely to trade towards 9.30 by end-2017 – Lloyds Bank
Sep 12, 2017 23:04 pm UTC| Commentary
The Swedish krona has been unsuccessful in capitalising on rally attempts, particularly leaving the EUR/SEK in a range of around 9.55, which is a range that has been in place since mid-July. In spite of the strength of the...
USD/RUB likely to trade around 60 by end-2017 – Lloyds Bank
Sep 12, 2017 22:56 pm UTC| Commentary
The USD/RUB pair retraced most of its gains since June to a two-month low of 56.78 in the past month. Higher crude oil prices put downward pressure on the pair. There are a few factors that would leave the currency pair...
EUR/USD likely to trade at 1.17 by end-2017 and 1.22 by end-2018 – Lloyds Bank
Sep 12, 2017 22:17 pm UTC| Commentary
The euro appreciated for the sixth straight month in August against the U.S. dollar and reached 1.2092 in early September after only mild warnings from ECB President Draghi about its strength, noted Lloyds Bank. Draghi...
South Korea’s import price index surges in August
Sep 12, 2017 21:32 pm UTC| Commentary
South Koreas import prices surged in August in year-on-year terms, owing to increase in global oil prices, greatly increasing prices of petroleum products. The Bank of Korea data showed that import prices in won terms rose...
Norwegian economic growth likely picked up further in Q3, shows Norges Bank’s business survey
Sep 12, 2017 19:09 pm UTC| Commentary
The Norwegian central bank, Norges Bank, has published its third quarter regional network report. The survey shows that the economic growth has picked up further in the third quarter. However, growth is expected to...