Japan consumer inflation rises 0.3 pct in 2016, misses market expectations

Jan 27, 2017 05:52 am UTC| Commentary Economy

Japanese consumer prices rose 0.3 percent on year in December, comes above the market expectations of 0.2 percent growth, down from prior 0.5 percent, the Ministry of Internal Affairs and Communications said on...

New Zealand bonds narrowly mixed amid lack of major economic events

Jan 27, 2017 05:42 am UTC| Commentary

The New Zealand government bonds traded narrowly mixed in a subdued trading session Friday amid lack of any major domestic or global economic events. The yield on the benchmark 10-year bond, which moves inversely to its...

Canada’s CFIB small business confidence index falls in January, moderate pace of hiring likely in future

Jan 27, 2017 05:35 am UTC| Commentary

Canadas CFIBs Business Barometer index dropped slightly in January following two months of rises. The index dropped 0.6 points to 60.1. The reading has stayed range-bound near the 60-point mark since April 2016....

U.S. jobless claims rise, but stay close to recovery-level lows; low layoffs level to support consumer sentiment

Jan 27, 2017 05:33 am UTC| Commentary

Initial jobless claims in the U.S. increased; however, the claims stay near the recovery-level lows. For the week ended 21 January, initial jobless claims grew 22,000 to 259,000, as compared with the consensus expectations...

Australian bonds continue to fall on profit-booking, continued gains in equity

Jan 27, 2017 05:25 am UTC| Commentary

The Australian bonds continued to plunge Friday as investors moved away into safe-haven instruments amid gains in riskier assets including equities and crude oil. Also, traders cashed in profits after on the last trading...

Asian markets marginally higher, gold hits fresh 2-week low at $1,183

Jan 27, 2017 04:59 am UTC| Commentary

All the major Asian indices were trading on a higher note on the last trading day of the week. Gold remains well supported below $1,200 mark and trading around $1,183 levels. On the other side, Silver was trading around...

Markets pricing in around 50 pct chance of ECB rate hike by Jan 2018

Jan 26, 2017 16:39 pm UTC| Commentary Economy

German Finance Minister Wolfgang Schaeuble in its latest speech called on the bank to unwind ultra-expansionary policy in 2017. While the blocs inflation quickened to a three-year high of 1.1 percent y/y in December 2016,...