US Presidential Election Series: Watch out for Assange Berlin conference today

Oct 04, 2016 07:26 am UTC| Commentary

Much awaited video conference from Wikileaks founder Julian Assange, who has been hiding/sheltering at the Ecuador embassy in the United Kingdom is scheduled for broadcast in the next hour; at 10: am CET or 4 am ET. Mr....

Indian bonds trade lower ahead of RBI policy decision

Oct 04, 2016 07:09 am UTC| Commentary

The Indian government bonds traded lower Tuesday ahead of the Reserve Bank of India (RBI) October monetary policy meeting, which is scheduled to be released on Wednesday by 09:00 GMT. The yield on the benchmark 10-year...

Australia’s building approvals drop modestly in August, but housing market remains strong

Oct 04, 2016 07:03 am UTC| Commentary

Building approvals in Australia dropped modestly in August following a huge jump in the previous month. The underlying tone continues to be quite strong. Monthly approvals remain around record levels, noted ANZ in a...

RBA leaves cash rate on hold at 1.5 pct, but retains easing bias

Oct 04, 2016 06:51 am UTC| Commentary Central Banks

As widely projected, the Reserve Bank of Australia left its cash rate on hold today at 1.5 percent after it lowered the key rate by 25 basis points in both May and August. The overall tone of the statement was widely...

Worrisome Signs Series

Worrisome Signs Series: US debt growth outstrips GDP growth by many folds

Oct 04, 2016 06:50 am UTC| Commentary Economy

Over the past years, the global markets have focused on China more, when it comes to debt, arguing that the marginal productivity of increased debt has declined substantially. The debt growth has outstripped GDP growth in...

German bunds nearly flat in subdued trade; 10-year auction in focus

Oct 04, 2016 06:44 am UTC| Commentary

The German bunds traded nearly flat Tuesday as investor remainfocused on the upcoming 10-year bond auction, which is schedule to take place on Wednesday by 09:35 GMT. The yield on the benchmark 10-year bond, which moves...

RBA monetary policy: Assessing future bias

Oct 04, 2016 06:17 am UTC| Commentary Central Banks

A new governor, Philip Lowe is heading the Reserve Bank of Australia (RBA) now and at his first monetary policy meeting, he and his colleagues have chosen to maintain rate steady at 1.5 percent. Lets look at the details...