UK gilts trade lower on higher-than-expected May manufacturing PMI; construction PMI in focus

Jun 01, 2017 09:50 am UTC| Commentary Economy

The UK gilts traded lower Thursday after reading higher-than-expected manufacturing PMI for the month of May. Also, investors are looking forward to the countrys construction PMI, scheduled to be released on June 2 for...

Eurozone periphery bonds trade mixed post mixed bag of manufacturing PMI in May

Jun 01, 2017 08:50 am UTC| Commentary Economy

The Eurozone periphery bonds remained mixed Thursday after reading a mixed bag of manufacturing PMI data from the Eurozone economies. Moreover, trading volumes remained muted against a lack of economic data ahead of the...

USD/CNH likely to trade in range of 6.70-6.90 in the near-term, says Scotiabank

Jun 01, 2017 07:40 am UTC| Commentary Economy

The yuan exchange rate is expected to stabilise in the coming sessions with the fixing-spot gap and onshore-offshore spot spread to narrow. The USD/CNH is likely to trade in the range of 6.70-6.90 afterwards. The...

New Zealand 10-year bond yields hit 6-1/2 month low at close on massive short-covering

Jun 01, 2017 06:09 am UTC| Commentary Economy

The New Zealand 10-year bond yields hit a 6-1/2 month low on Thursday as the market witnessed a massive short-covering by the investors and after the Reserve Bank of New Zealand (RBNZ) released a balanced outlook on the...

Korea domestic demand likely to pick up in Q2, support growth: DBS Bank

Jun 01, 2017 05:41 am UTC| Commentary Economy

South Koreas domestic demand is expected to pick up and support the Q2 growth. This weeks data showed that retail sales increased a solid 0.7 percent m/m (s.a.) in April, up from -0.1 percent in the previous month and well...

Australian bonds jump despite rebound in April retail sales

Jun 01, 2017 04:44 am UTC| Commentary Economy

The Australian bonds jumped Thursday despite a rebound in the countrys retail sales for the month of April. However, the disappointment in CAPEX data in the first quarter of this year supported prices in the debt...

China's home sales decline stabilizes around -10 pct, could prompt tighter regulation from PBoC

May 31, 2017 12:01 pm UTC| Insights & Views Economy

Latest data released by China Index Academy showed that a total 51,000 units were reported as sold for 30 T1 and T2 for week 20, down from 59,000 units in the corresponding week last year. Chinas home sales declined 13...