Australian bonds jump on short-covering, modestly lower equities
Apr 06, 2017 03:36 am UTC| Commentary Economy
The Australian bonds jumped Thursday as investors covered previous short positions amid modestly lower equities that further lent support to the bond market. The yield on the benchmark 10-year Treasury note, which moves...

US ADP Report: Another blockbuster
Apr 05, 2017 12:23 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of March. ADP number shows the US labor markets remains strong. There are two things to note in the headline that, All reports strong so far this...

Apr 05, 2017 12:19 pm UTC| Insights & Views Economy Central Banks
The eurozone final services and composite PMI data came below expectations. The final Markit Euro-zone PMI services sector index rose to a 70-month high of 56.0 in March, up from 55.5 in February but below the earlier...
Apr 05, 2017 12:11 pm UTC| Commentary Economy
The U.S. Treasuries slid Wednesday, on expectations of a fall in the countrys initial jobless claims, scheduled to be released later in the day. Also, investors wait to watch the Federal Open Market Committee (FOMC)...

Apr 05, 2017 11:54 am UTC| Commentary Economy
ADP employment data to be released at 12:15 GMT is todays most vital dockets from theUS to be watched by market participants. This report is one of the key data that investors will use to gauge US economic...
Top ECB official talks higher interest rates and warns debt-ridden governments
Apr 05, 2017 09:58 am UTC| Commentary Economy Central Banks
Two days ago, the European Central Banks (ECB) executive board member Benoit Coeure warned that the Euro area governments and other financial actors need to prepare for higher interest rates in the coming future. He said,...
UK gilts plunge following upbeat March services PMI; investors eye BoE Governor Carney’s speech
Apr 05, 2017 09:49 am UTC| Commentary Economy
The UK gilts plunged Wednesday as investors moved away from safe-haven assets after reading the countrys upbeat services PMI for the month of March. Also, market participants are curiously eyeing the Bank of England (BoE)...