Fed Hike aftermath Series: Market pushed back hike expectations to June 2018
Aug 30, 2017 11:18 am UTC| Commentary Central Banks
Despite hawkish rhetoric from several including Fed chair Janet Yellen, the hike odds are declining across meetings as the economic numbers including inflation continue to disappoint to the downside, coupled with political...
Moody’s upgrades Eurozone growth outlook; downgrades U.S.
Aug 30, 2017 11:17 am UTC| Commentary
Last six months or so changed the hearts of the economists at Moodys who were previously expecting downbeat growth performance in Eurozone thanks to risingpopulism and upbeat performance in the United States led by...
U.S. Treasuries flat ahead of ADP non-farm employment report, Q2 GDP
Aug 30, 2017 11:01 am UTC| Commentary Economy
The U.S. Treasuries traded mixed as investors await clarity on ADP non-farm employment data, scheduled to be released today by 12:15GMT, besides, the countrys Q2 GDP, due by 12:30GMT. The yield on the benchmark 10-year...
UK gilts step down on caution ahead of August manufacturing PMI
Aug 30, 2017 10:24 am UTC| Commentary Economy
The UK gilts lost strength Wednesday as investors remained cautious ahead of the release of manufacturing PMI for the month of August, scheduled on September 1 by 08:30GMT. The yield on the benchmark 10-year gilts, rose...
German bonds plummet as investors await August CPI, unemployment rate
Aug 30, 2017 09:31 am UTC| Commentary Economy
The German government bonds plummeted Wednesday as investors remained cautious ahead of the release of the countrys consumer price-led inflation index for the month of August, due today by 12:00GMT. Also, German...
EUR/GBP unlikely to reach parity over next 3-6 months, says ING Bank
Aug 30, 2017 09:13 am UTC| Commentary Economy
The pound has been an easy target for currency markets as the combination of a post-Brexit economic reality check and ongoing political anxiety has made the UK economy an outlier relative to its faster growing European...

U.S. second quarter GDP preview
Aug 30, 2017 09:10 am UTC| Commentary
Today, U.S. second quarter flash GDP figure will be released at 12:30 GMT. This is the second flash reading of second quarter GDP of the United States. This would be a very vital piece of an economic docket to assess...