German bunds witness sharp rebound on expectations of lower March manufacturing PMI
Mar 22, 2017 08:44 am UTC| Commentary Economy
The German bunds witnessed a sharp rebound Wednesday, following expectations of a modest drop in the countrys manufacturing Purchasing Managers Index (PMI) from the month of March. Also, investors remain keen to watch the...
Malaysia inflation likely to register 3.8 pct on year in February, says DBS Bank
Mar 22, 2017 07:58 am UTC| Commentary Economy
Malaysian inflation is set to rise even higher in February. The headline number is expected to register 3.8% YoY last month, up from an already fairly high reading of 3.2% in January. While the low base could have...
CBC likely to hold rates owing to benign inflation outlook, says Scotiabank
Mar 22, 2017 06:28 am UTC| Commentary Central Banks Economy
The Central Bank of the Republic of China (Taiwan) (CBC) is expected to leave its policy rate unchanged at 1.375 percent on Thursday after the United States Federal Reserve delivered a dovish rate hike last week, given the...
Mar 22, 2017 05:38 am UTC| Commentary Economy
The New Zealand bonds closed tad higher Wednesday as investors largely shrugged-off the sharp rebound in global dairy prices at the overnight GlobalDairyTrade price auction. Also, markets are now looking forward to the...
Australian bonds jump tracking firmness in U.S. Treasuries
Mar 22, 2017 04:25 am UTC| Commentary Economy
The Australian bonds jumped mid-week Wednesday, tracking firmness in the U.S. counterparts amid a session that witnessed data of little economic significance. Also, the Reserve Bank of Australias (RBA) March monetary...
UK gilts continue to disappoint after reading higher-than-expected February CPI
Mar 21, 2017 10:20 am UTC| Commentary Economy
The UK gilts continued to disappoint Tuesday after reading the higher-than-expected consumer price inflation for the month of February. The yield on the benchmark 10-year gilts, which moves inversely to its price,...
DXY likely to trade in 99-103 range in the months ahead, says Scotiabank
Mar 21, 2017 08:20 am UTC| Commentary Economy
The dollar index is expected to trade in the range of 99-103 in the months ahead, while the greenback may pair some gains against the EM Asian currencies unless the Federal Reserve delivers a hawkish tone at its June...