German bunds bounce ahead of Q1 GDP, April consumer inflation
May 10, 2017 08:21 am UTC| Commentary Economy
The German bunds bounced Wednesday as investors are closely eyeing the countrys first-quarter gross domestic product (GDP) and consumer price inflation (CPI) for the month of April, scheduled to be released on May...
Subdued wage pressure likely to keep core inflation low in euro area, says Danske Bank
May 10, 2017 06:42 am UTC| Commentary Economy
Wage growth in the euro area remains low despite the continued labour market progress. Nevertheless, consumers have recently benefited from very high real wage growth due to the extraordinarily low inflation. Looking...
New Zealand bonds close higher as investors await RBNZ’s monetary policy decision
May 10, 2017 05:43 am UTC| Commentary Economy
The New Zealand bonds ended Wednesdays session on a higher note as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May 11. At the time of closing,...
Australian bonds sharply rebound tracking U.S. Treasuries; higher equities limit gains
May 10, 2017 04:59 am UTC| Commentary Economy
The Australian government bonds sharp rebounded Wednesday tracking U.S. Treasuries. However, gains in equities amid a neutral Federal Budget for FY2017-18 limited gains in the debt market. The yield on the benchmark...
FxWirePro: The Day Ahead- 10th May 2017
May 10, 2017 04:00 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: China: Consumer price inflation rose by 1.2 percent y/y in April. Producer price inflation...
Strong global economic growth momentum sustained in April, Euro area economy leads growth
May 09, 2017 22:49 pm UTC| Commentary Economy
The strong growth momentum of the global economy was sustained at the beginning of the second quarter of this year, showed the PMI survey data. This was despite signs of slower growth in the emerging markets. Out of the...
ANZ New Zealand monthly inflation gauge remains flat in April
May 09, 2017 22:33 pm UTC| Commentary Economy
ANZ New Zealand monthly inflation gauge remained flat in April. Pricing within the measure continues to show a wedge between increasing costs for housing versus flat-lining prices for most other products and services. The...