Eurozone periphery bonds gain on safe-haven demand post softer German trade balance data
Jun 09, 2017 09:05 am UTC| Economy Commentary
The Eurozone periphery bonds gained on the last trading day of the week, as investors poured into safe-haven instruments after Germanys registered a softer trade surplus for the month of April, released earlier...
China annual CPI likely to rise gradually in the coming months, says ANZ Research
Jun 09, 2017 07:56 am UTC| Commentary Economy
The year-on-year Consumer Price Index (CPI) to rise gradually in the coming months, as the high base effect of food prices starts to moderate. The CPI rose 1.5 percent y/y in May compared with 1.2 percent in April, as the...
DXY Index likely to advance modestly prior to June FOMC meeting, says Scotiabank
Jun 09, 2017 06:43 am UTC| Commentary Economy
The dollar index is expected to advance at a moderate pace before the Federal Open Market Committees (FOMC) meeting in June. The Comey testimony didnt have a material effect as the former FBI Directors verbal testimony in...
New Zealand bonds close flat in subdued trade as UK heads toward a hung Parliament
Jun 09, 2017 06:03 am UTC| Commentary Economy
The New Zealand remained flat at the time of closing Friday in a silent trading session that witnessed no significant data. However, the ongoing distress surrounding the notion of a hung Parliament in the UK, after Prime...
Australian bonds remain narrowly mixed as doubts hover around UK election result
Jun 09, 2017 04:16 am UTC| Commentary Economy
The Australian bonds remained mixed as doubts have clouded over the United Kingdoms general election results, in the counting today. PM Theresa May has gone into a huddle with senior Conservatives as Britain heads for a...
Jun 08, 2017 23:03 pm UTC| Commentary Economy
On Thursday, Chinas headline trade figures were released that showed the trade print coming in higher than consensus expectations for the month of May. In USD terms, the nations exports rose 8.7 percent year-on-year,...
German sequential economic growth likely to slowdown in Q2
Jun 08, 2017 23:01 pm UTC| Commentary Economy
Germanys industrial production data, released on Thursday, showed that the output grew 0.8 percent sequentially in April, coming in line with analysts expectations. The previous months data was revised upwardly. The...