UK gilts surge post Q1 GDP data; investors await June manufacturing PMI
Jun 30, 2017 11:08 am UTC| Commentary Economy
The UK gilts surged Friday after reading the countrys first-quarter gross domestic product (GDP), which remained unchanged, released today. Also, the countrys manufacturing PMI for the month of June, due by early next week...
Jun 30, 2017 10:39 am UTC| Commentary Economy
Chinas infrastructure investment is expected continue to be solid and will potentially be a major contributor to GDP growth in H2 2017. Assuming consumption and net exports contribute 4.4ppts (similar as in 2016) to 2017s...
Eurozone periphery bonds rebound post slightly lower June CPI
Jun 30, 2017 09:45 am UTC| Commentary Economy
The Eurozone periphery bonds rebounded Friday after witnessing a slightly lower consumer price inflation data for the month of June. However, inflation remained above the consensus estimates, further restricting any steep...
Divergence between EM Asian currencies and EUR likely to widen in Q3, says Scotiabank
Jun 30, 2017 08:23 am UTC| Commentary Economy
The divergence between EM Asian Currencies and the EUR to widen in the third quarter. Market concern over ECB tapering its monetary stimulus will likely weigh on EM Asian currencies that have rallied markedly this year...
Japan 10-year bond yields at 3-1/2 month high on higher risk sentiment, sound CPI data
Jun 30, 2017 06:44 am UTC| Commentary Economy
The Japanese 10-year government bond yields hit a 3-1/2 month high Friday on rising risk sentiments after a flow of hawkish comments from various central bank governors at an ECB event in Portugal earlier this week. Also,...
New Zealand bonds plunge at close following global debt market footprints, profit-booking
Jun 30, 2017 06:08 am UTC| Commentary Economy
The New Zealand bonds suffered a sharp plunge at the time of closing Friday, tracking footprints left behind by the global debt market in a massive reaction to the hawkish comments made by the European Central Bank (ECB)...
Jun 30, 2017 04:27 am UTC| Commentary Economy
The Australian bond yields remained one of the biggest movers in the global debt market overnight, marking a substantial increase through the week after the worlds money market witnessed a massive sell-off, following...