JGB yields bruised by weak Chinese economic data; Nikkei 225 down nearly over 2 pct at close
Dec 14, 2018 06:29 am UTC| Commentary Economy
The Japanese government bond yields were bruised by weakness in the Chinese economic data, released early today, as investors sentiments were hurt, with the benchmark Nikkei 225 down over 2 percent at the time of closing...
FxWirePro: The Day Ahead- 14th December 2018
Dec 14, 2018 05:52 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Nikkei flash manufacturing PMI rose to 52.4 in December, from 52.2 in November....
FxWirePro: Most Asian markets in red, gold flat at $1,240 mark
Dec 14, 2018 05:01 am UTC| Commentary
All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,240 mark while silver was trading around $14.66 mark. Japans Nikkei was trading 1.83 pct lower at 21,422.50...
Dec 14, 2018 04:26 am UTC| Commentary Economy
Australian government bonds gained across the curve during Asian session Friday as investors remain cautious ahead of any breakthrough in U.S.-China trade deal. Global equity and bond markets had a mixed performance...
Chinese retail sales and industrial production growth likely to have eased in November
Dec 13, 2018 19:05 pm UTC| Commentary
Chinese domestic demand is expected to have eased further in November. According to a DBS Bank research report, retail sales and industrial production growth are expected to have eased to 8.2 percent and 5.5 percent...
U.S. retail sales likely to have grown modestly in November
Dec 13, 2018 18:49 pm UTC| Commentary
Retail sales data for the U.S. for the month of November is set to release tomorrow. According to a Wells Fargo research report, the retail sales are expected to have risen at a more modest rate of 0.2 percent in November...
Central Bank of Turkey keeps interest rate on hold at 24 pct
Dec 13, 2018 18:13 pm UTC| Commentary Central Banks
The Central Bank of Turkeys Monetary Policy Committee decided to keep the one-week repo auction rate on hold at 24 percent today. Lately, the released data indicate that rebalancing trend in the economy has become more...