UK gilts surge on safe-haven demand in muted trading amid Brexit uncertainties
Jul 27, 2017 10:06 am UTC| Commentary Economy
The UK gilts surged Thursday as investors poured into safe-haven assets in muted trading activity amid uncertainties and worries over the ongoing Brexit negotiations. The yield on the benchmark 10-year gilts, slumped...
Eurozone periphery bonds rally ahead of benchmark German CPI
Jul 27, 2017 09:10 am UTC| Commentary Economy
The Eurozone periphery bonds rallied Thursday in a muted trading session that witnessed data of little economic significance. Also, the German consumer price inflation index, scheduled for release on July 28 is keenly...
Greenback pressurized deeper by Fed’s inability to convince markets, says Commerzbank
Jul 27, 2017 08:02 am UTC| Commentary Economy
The FOMC statement seems to have been the trigger rather than the cause of this new leg of USD weakness. The dollar is struggling and the only reason EUR/USD had for not been trading in the mid-1.17ies earlier was that...
EUR/USD likely to witness some resistance should it breach 1.20 mark, says ANZ Research
Jul 27, 2017 06:58 am UTC| Commentary Economy
The current discouraging blend of political uncertainty and receding interest rate expectations in the US have contributed to the dollars sell-off. The euro areas financial conditions remain very accommodative, suggesting...
New Zealand bonds jump at close after Fed delivers slightly dovish policy statement
Jul 27, 2017 06:01 am UTC| Commentary Economy
The New Zealand bonds jumped at the time of closing Thursday as the market received a lift after seeing U.S. Treasuries gain on a slightly dovish Federal Reserve policy meeting statement. At the time of closing, the...
JGBs climb following the Fed’s dovish tone; investors eye June CPI, retail sales
Jul 27, 2017 04:44 am UTC| Commentary Economy
The Japanese bonds climbed Thursday, following the overnight rise in U.S. bond prices after the Federal Reserve maintained a relatively dovish tone in its monetary policy statement, released yesterday. Also, investors are...
Australian bonds jump tracking strength in U.S. Treasuries post slightly dovish Fed statement
Jul 27, 2017 04:11 am UTC| Commentary Economy
The Australian bonds jumped Thursday, tracking strength in the U.S. counterpart after the Federal Reserve delivered a slightly dovish statement in its meeting concluded late Wednesday, signalling that it is ready to...