Chinese 10-year bond yields inch away to break June high of 3 pct, ideal to go short

Nov 17, 2016 07:17 am UTC| Commentary

The Chinese 10-year bond yields approached to break the 3 percent mark for the first time since June this year as the demand for safe-haven assets weakened on rising consumer inflation and signs of an improving...

Political uncertainty in South Korea likely to weaken KRW, USD/KRW to head for 1,200 level in weeks ahead

Nov 17, 2016 07:02 am UTC| Commentary

Since the start of November, South Koreas sovereign CDS premium has surged in response to rising external and domestic uncertainties that have softened the South Korean won markedly. Yesterday, the Korean finance minister...

Vietnam consumer prices surge in October, raise hopes of stable monetary policy

Nov 17, 2016 06:54 am UTC| Economy Commentary

Consumer prices in Vietnam surged during the month of October, owing to a dry state of the economy, due to the massive droughts that occurred early this year, damaging crops and hence, leading to a scarcity in the supply...

JGBs trade mixed post BoJ’s surprise bonds operation plan; investors eye Yellen’s testimony

Nov 17, 2016 06:52 am UTC| Commentary

The Japanese government bonds traded mixed Thursday after the Bank of Japan announced its first special bond-buying operation to control Treasury yields. Also, 10-year yields fell to days low of 0.009 percent post the BoJs...

Oil in Global Economy Series

Oil in Global Economy Series: OPEC deal hope revived by Alexander Novak

Nov 17, 2016 06:41 am UTC| Commentary

Russian energy minister Alexander Novak has revived the hopes of an OPEC deal when members meet in Vienna on November 30th. We at FxWirePro have sincerely expressed our doubts and forecasted that a deal is unlikely. Read...

Singapore exports fall to 7-month low in October, driven by downbeat pharma sector

Nov 17, 2016 06:29 am UTC| Commentary Economy

Exports in Singapore fell to a 7-month low during the period of September, driven by weakness in the countrys pharmaceutical sector. Also, overall lower demand from overseas market has raised the risks of a recession in...

U.S. home builder confidence remains firm in November, housing market to record modest gains in year ahead

Nov 17, 2016 06:19 am UTC| Commentary

U.S. builder confidence for newly-built single-family homes remained firm in November. The NAHB/Wells Fargo Housing Market Index stayed unchanged at 63 in the month, consistent with expectations. The Midwest, Northeast and...