South Korean economic growth expands above expectations in Q4, outlook remains challenging
Jan 22, 2019 11:58 am UTC| Commentary
South Koreas economic growth came in above market expectations in the fourth quarter. The economy grew 1 percent on a quarter-on-quarter basis, while it expanded 3.1 percent year-on-year. Export growth disappointed in the...
U.S. Treasury yields slump on safe-haven demand following concerns over global economic growth
Jan 22, 2019 11:39 am UTC| Commentary Economy
The U.S. Treasury yields slumped during late European session Tuesday after returning from a long weekend, following concerns over global economic growth after the International Monetary Fund (IMF) downgraded estimates for...
UK gilts suffer as November wage growth surges to decade-high; jobless rate surprisingly falls
Jan 22, 2019 10:15 am UTC| Commentary Economy
The United Kingdoms gilts suffered during Tuesdays afternoon session following a decade-high surge in the countrys wage growth for the month of November, while jobless rate decline unexpectedly, from that in...

FxWirePro: UK unemployment report preview
Jan 22, 2019 08:30 am UTC| Commentary
Domestic political trouble: The UK continues to suffer political trouble since the last election, where Prime Minister Theresa Mays Conservative Party fell short of an outright majority in the Parliament and is being...

Australia’s ANZ-Roy Morgan weekly consumer confidence deteriorates on subdued financial conditions
Jan 22, 2019 08:28 am UTC| Commentary Economy
Australias ANZ-Roy Morgan consumer confidence was down 0.9 percent last week, giving back much of the prior weeks gain. The overall index is still above its starting point for 2019, though it is almost 5 percent lower than...
FxWirePro: Record corporate defaults hit China as economy cools
Jan 22, 2019 06:10 am UTC| Commentary Economy
As the economy cools since last year, China has been hit by record corporate defaults. One of the top three rating agencies, Fitch has been warning on Chinas corporate defaults since last year. As 25 Chinese corporate...
JGBs gain ahead of December trade balance data, BoJ’s monetary policy decision
Jan 22, 2019 05:45 am UTC| Commentary Economy
The Japanese government bonds gained on the second trading day of the week Tuesday ahead of the countrys trade balance data for the month of December, scheduled to be released today by 23:50GMT and the Bank of Japans (BoJ)...