Australian bonds lower in early trade tracking U.S. Treasuries on heavy corporate debt supply
Jul 28, 2017 04:25 am UTC| Commentary Economy
The Australian bonds traded lower on the last trading day of the week, tracking similar movement in the U.S. counterpart, weighed down by the government and corporate debt supply, and as investors evaluated the Federal...
U.S. Treasuries slump ahead of 7-year auction, initial jobless claims
Jul 27, 2017 10:49 am UTC| Commentary Economy
The U.S. Treasuries slumped Thursday as investors remain cautious ahead of the countrys 7-year auction, besides the initial jobless claims, scheduled to be unveiled today at 17:00GMT and 12:30GMT respectively. The yield...

How electric vehicles could take a bite out of the oil market
Jul 27, 2017 10:13 am UTC| Insights & Views Economy
When will cars powered by gas-guzzling internal combustion engines become obsolete? Not as soon as it seems, even with the latest automotive news out of Europe. First, Volvo announced it would begin to phase out the...
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...