Australian bonds slump following RBA’s optimism over economic growth
Dec 19, 2017 03:14 am UTC| Commentary Economy
Australian government bonds slumpedon Tuesdayfollowing December Reserve Bank of Australia meeting minutes which displayed confidence in unemployment and inflation going forward. The yield on the benchmark 10-year...
China’s November property prices point towards continued moderation in overall prices
Dec 18, 2017 18:14 pm UTC| Commentary Economy
Chinas property prices in November indicated towards a continued moderation in overall prices but one that is led by the Tier 1 cities. This reflects government attempts to ease down on excessive price gains in the Tier 1...
New Zealand consumer confidence falls slightly in December
Dec 18, 2017 14:08 pm UTC| Commentary Economy
New Zealand consumer confidence index dropped in December. The ANZ-Roy Morgan Consumer Confidence Index eased to 121.8 from 123.7; however, it is still above the historical averages. But it is 8 points off the September...
U.S. Treasuries slump as Republicans expect tax reform bill effective this week
Dec 18, 2017 10:51 am UTC| Commentary Economy
The U.S. Treasuries slumped Monday after top Republicans said on Sunday they expected Congress to pass a tax code overhaul this week, with a Senate vote as early as Tuesday and President Donald Trump aiming to sign the...
German bunds flat after Eurozone CPI meets expectations in November, stays flat
Dec 18, 2017 10:33 am UTC| Commentary Economy
The German bunds traded flat Monday after the eurozones consumer price-led inflation index (CPI) met market expectations during the month of November, albeit staying unchanged from that I October. The German 10-year...
UK gilts remain mixed ahead of 10-year auction, BoE Governor Carney’s speech
Dec 18, 2017 08:51 am UTC| Commentary Economy
The UK gilts traded slightly lower Monday as investors wait to watch the 10-year auction, scheduled to be held later today. Also, Bank of England (BoE) Governor Mark Carney is scheduled to speak on December 20, which will...

Dec 18, 2017 06:59 am UTC| Commentary Economy
Australia has lowered its forecasts for real GDP growth in 2017-18 in its Mid-Year Economic and Fiscal Outlook (MYEFO), given a slowdown in household consumption. However, it also lowered its forecast for the unemployment...