China’s lower July manufacturing PMI signals moderate start to Q3; domestic activities remain soft

Jul 31, 2018 07:48 am UTC| Commentary Economy

The fall in Chinas manufacturing PMI for the month of July signalled a soft start to the third quarter of this year. The broad moderation seen in both the manufacturing and non-manufacturing PMIs was caused more by a...

New Zealand bonds close lower as investors await Q2 employment report

Jul 31, 2018 06:37 am UTC| Commentary Economy

New Zealand bonds closed lower on Tuesday as investors wait to watch the countrys employment report for the second quarter of this year, scheduled to be released today by 22:45GMT. At the time of closing, the yield on...

JGBs jump after BoJ remains steady in monetary policy decision; flexible on future rates depending on economic conditions

Jul 31, 2018 05:33 am UTC| Commentary Economy

The Japanese government bonds jumped Tuesday after the Bank of Japan (BoJ) remained on hold at its monetary policy decision, unveiled early today but decided to remain flexible on interest rates, depending on the economic...

Australian bonds slump on profit booking; focus on BoJ's policy decision

Jul 31, 2018 03:24 am UTC| Commentary Economy

Australian government bonds slumped on Tuesday as investors cashed in profits ahead of major central banks monetary policy decisions scheduled this week. The yield on Australias benchmark 10-year Note, which moves...

Norway retail sales fall in June; goods consumption indicate solid Q2 growth

Jul 30, 2018 09:55 am UTC| Commentary Economy

Norways retail sales fell by 2.9 percent during the month of June, following a stronger-than-expected rise in May. Goods consumption, which also includes car sales, fuel and electricity and correlates more with goods...

CBR likely to adopt next rate cut in 2019; significant improvements in macro sentiment could trigger 25 bps cut in Q4 18: Danske Bank

Jul 30, 2018 09:18 am UTC| Commentary Central Banks Economy

The Central Bank of Russia (CBR) is expected to adopt its next rate cut by next year; however, significant improvements in global macroeconomic sentiments could trigger a 25 basis points rate cut by the fourth quarter of...

FxWirePro Poll: Bitcoin seen to nearly double by end-2018 on demand recovery

Jul 30, 2018 07:25 am UTC| Commentary Insights & Views Economy

Bitcoin is forecast to nearly double and erase much of its losses made this year by end-2018, largely driven by a recovery in investors demand and renewed optimism among market players, an FxWirePro poll showed. In the...