Moody's: Thailand and Indonesia show high levels of restructured loans, but loss buffers strong
Aug 24, 2017 03:43 am UTC| Research & Analysis Economy
Moodys Investors Service says that restructured loans have grown substantially in Thailand and Indonesia in recent years -- compared with the rest of the ASEAN region -- but loss buffers remain strong. In particular,...
Moody's: Australian covered bond credit quality robust despite housing market risks
Aug 24, 2017 03:24 am UTC| Research & Analysis Economy
Moodys Investors Service says that the credit quality of Australian covered bond programs remains robust in the face of risks in the housing market, while issuance for 2017 is likely to broadly equal that for 2016. The...
Aug 23, 2017 19:52 pm UTC| Commentary Economy
Taiwanese wage growth is rising modestly. The labor report released yesterday showed regular earnings of all employees in all industries rose 1.6 percent year-on-year in the first six months this year from the 1.4 percent...
U.S. Treasuries jump ahead of Jackson Hole Symposium, FOMC Kaplan’s speech
Aug 23, 2017 12:11 pm UTC| Commentary Economy
The U.S. Treasuries jumped Wednesday as investors wait to watch the Federal Open Market Committee (FOMC) member Kaplans speech, scheduled to be held today by 13:05GMT. Also, markets remain focussed to observe the speeches...
UK gilts continue to remain flat ahead of Q2 GDP
Aug 23, 2017 11:16 am UTC| Commentary Economy
The UK gilts traded flat as investors wait to watch the countrys second-quarter gross domestic product, due to be released on August 24 by 08:30GMT. The yield on the benchmark 10-year gilts, hovered around 1.08 percent,...
German bonds slump after manufacturing PMI surges in August; Q2 GDP in focus
Aug 23, 2017 10:04 am UTC| Commentary Economy
The German government bonds slumped Tuesday after the countrys manufacturing PMI surged during the month of August. Also, investors remained focussed to read the countrys second-quarter gross domestic product, scheduled to...
Aug 23, 2017 09:18 am UTC| Commentary Economy
The Australian economy has enjoyed 25-1/2 years of economic growth without a recession. It is an impressive achievement, with Australia having overtaken the Netherlands previous record for the longest stretch of economic...