Chinese economy to meet growth target of 6.5 - 7 pct this year, PBoC unlikely to change policy rates in coming months

Nov 14, 2016 10:22 am UTC| Commentary

The economic transition of China towards a consumer-and services-oriented economy continues, while, the industrial sector and investment are losing their importance as the drivers of the Chinese economic growth, noted...

Eurozone periphery bonds sag following global sovereign sell-off; US 10-year yields post biggest gain in 2016

Nov 14, 2016 10:00 am UTC| Commentary

The Eurozone periphery bonds plunged Monday following global sovereign sell-off on rising speculation Donald Trump will increase spending to boost the worlds largest economy. The French 10-year bond yields, which moves...

Philippines economic growth likely to remain robust in Q3 on upbeat household spending

Nov 14, 2016 09:40 am UTC| Commentary Economy

Economic growth in Philippines is expected to have risen during the third quarter of this year, following upbeat household spending, mainly owing to the reasonably lower rate of inflation in the country. Gross domestic...

Worrisome Signs Series

Worrisome Signs Series: is a correction coming at end of Obama’s Presidency?

Nov 14, 2016 09:39 am UTC| Commentary

A correction, which many analysts feel has been long overdue, could finally be coming at the end of Obamas Presidency. The financial markets have been jittery lately after Republican candidate Donald Trump, who has been...

UK 10-year gilt yields hit highest since May, global bond yields jump to multi-month high

Nov 14, 2016 09:23 am UTC| Commentary

The UK 10-year gilt yields hit highest since May on Monday as investors moved away from safe-haven buying amid widespread global debt sell-off. The yield on the benchmark 10-year gilts, which moves inversely to its...

Bank Negara likely to cut rates following slower-than-potential economic growth

Nov 14, 2016 09:20 am UTC| Commentary Economy

Bank Negara Malaysia (BNM) is expected to cut rates in the upcoming monetary policy meeting, following slower-than-potential economic growth in country. Expenditure by the state has obviously slowed in 2H16 in an attempt...

German 10-year bund yields hit highest this year following heavy sell-off in global debt market

Nov 14, 2016 08:50 am UTC| Commentary

The German 10-year bund yields hit highest this year on Monday following heavy sell-off in the global debt market. The yield on the benchmark 10-year bond, which moves inversely to its price, rose 4-1/2 basis points to...