We asked 13 economists how to fix things. All back the RBA governor over the treasurer

Nov 04, 2019 11:26 am UTC| Insights & Views Central Banks Economy

Thirteen leading economists have declared their hands in the stand off between the government and the Governor of the Reserve Bank over the best way to boost the economy. All 13 back Reserve Bank Governor Philip...

UK gilts slump after October construction PMI surpasses market estimates; Services PMI eyed

Nov 04, 2019 10:52 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European trading hours Monday after the countrys construction PMI for the month of October surpassed market expectations, with eyes still on the services PMI for the similar period,...

German bunds suffer after October manufacturing PMI cheers markets beyond expectations

Nov 04, 2019 10:10 am UTC| Commentary Economy

The German bunds suffered during European session Monday after the countrys manufacturing PMI for the month of October cheered market participants beyond expectations. Focus will now remain on a host of 2-tier economic...

Prospect of further progress on Brexit in near term remains remote with Parliament set to be dissolved this Wednesday, says Lloyds Bank

Nov 04, 2019 09:36 am UTC| Commentary Economy

With Parliament set to be dissolved from this Wednesday, the prospect of further progress being made on Brexit in the near term is remote, according to the latest report from Lloyds Bank. The revised Withdrawal Agreement...

Malaysia’s weak trade report lifts odds of BNM rate cut, says ING Economics

Nov 04, 2019 09:00 am UTC| Commentary Economy Central Banks

Malaysias electronic export vigour observed earlier in the year has ended and with continued external headwinds, downside growth risks are rising. This is why Bank Negara Malaysia (BNM) is expected to adopt a 25 basis...

EM Asian currencies likely to advance further on high bar for future Fed rate hikes, rising optimism U.S.-China trade deal: Scotiabank

Nov 04, 2019 06:36 am UTC| Commentary Economy

The emerging market Asian currencies are expected to advance further on a high bar for future Fed rate hikes and increasing optimism for the US and China to reach the phase-1 trade deal, according to the latest research...

Australian bonds plunge despite disappointment in September retail sales; RBA’s decision eyed

Nov 04, 2019 04:32 am UTC| Commentary Economy

The Australian government bonds plunged during Asian session of the first trading day of the week Monday even as investors remained disappointed on lower-than-expected rise in the countrys retail sales for the month of...