NZ business confidence fell again in March, reversing most of the improvement seen towards end of last year

Mar 28, 2019 10:02 am UTC| Commentary Economy

New Zealands business confidence fell again in March, reversing most of the improvement that was seen towards the end of last year. Sentiment about the general economy fell to a net -38 percent, while firms views of their...

RBNZ likely to cut OCR by 25bp in August with follow-up moves in November and February, says ANZ Research

Mar 28, 2019 09:10 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to cut the Overnight Cash Rate (OCR) 25 basis points in August with follow-up moves in November and February, according to the latest report from ANZ Research. ANZ...

India’s current account deficit likely to narrow to below 2.0 pct of GDP in second half of FY19, says DBS Economics

Mar 28, 2019 07:57 am UTC| Commentary Economy

Indias current account deficit is expected to narrow to below 2.0 percent of the gross domestic product (GDP) in the second half of FY19, taking full year CAD to -2.3 percent, while FY20s deficit is seen at a manageable...

JGBs hop tracking global debt market rally as investors remain cautious on economic distress; eyes on February IP, retail sales data

Mar 28, 2019 06:16 am UTC| Commentary Economy

The Japanese government bonds closed higher Thursday tracking a rally in the global debt market as investors mounted among investors that an economic slowdown is nearing, especially after late last week U.S. 3-month...

Australian 10-year bond yield dips to new low as market sentiments dampened by ongoing global growth worries

Mar 28, 2019 04:13 am UTC| Commentary Economy

Australian government bonds rallied during Asian trading session Thursday as investors moved towards safe-haven buying as markets risk sentiments dampened due to ongoing global growth worries. Also, fear that the partly...

U.S. Treasury yields slump as investors continue to sweat over global economic growth concerns

Mar 27, 2019 11:51 am UTC| Commentary Economy

The U.S. Treasury yields slumped during afternoon session Wednesday, as investors still fretted about the possibility of a near-term global economic slowdown , especially after last Friday, the yield curve between the...

UK gilts maintain upside ahead of today’s Parliament Indicative votes on Brexit; Q4 GDP eyed too

Mar 27, 2019 11:20 am UTC| Commentary Economy

The United Kingdoms gilts gained during Wednesdays afternoon session, as investors will remain focussed today on the House of Commons ahead of the MPs first round of indicative votes on various Brexit scenarios. These...