China's March official manufacturing PMI surprises on the upside, suggests economy is gaining momentum in Q1

Mar 31, 2017 10:27 am UTC| Insights & Views Economy

Chinese official manufacturing Purchasing Managers Index (PMI) continued strength in March, adding to evidence that the worlds second-largest economy is gaining momentum early in the year. The official PMI rose to 51.8 in...

UK gilts remain subdued despite lower-than-expected Q4 GDP, business investment data

Mar 31, 2017 10:05 am UTC| Commentary Economy

The UK gilts remained subdued Friday as investors largely shrugged off lower-than-expected fourth quarter gross domestic product (GDP) and business investment data. The yield on the benchmark 10-year gilts, which moves...

China likely to grow 6.5 pct this year, 6.3 pct in 2018: Nordea Bank

Mar 31, 2017 09:22 am UTC| Commentary Economy

At the National Peoples Congress (NPC) in March, an annual forum for officials to plan economic policy, the government affirmed its commitment to growth stability. Maintaining stable growth was ranked first among the...

German bunds slide following wider-than-expected decline in March unemployment rate

Mar 31, 2017 08:30 am UTC| Commentary Economy

The German bunds slid Friday, after reading wider-than-expected decline in the countrys unemployment rate during the month of March. Also, investors remain keen to watch the Eurozones March consumer price inflation,...

Central Banking Series

Central Bank Russia likely to keep benchmark one-week repo rate at 8.5 pct by end-2017, says Scotiabank

Mar 31, 2017 07:52 am UTC| Commentary Central Banks Economy

The Central Bank of Russia (CBR) is expected to keep the benchmark one-week repo rate at 8.5 percent throughout the end of this year.After cutting its benchmark one-week repo rate by 50 basis points to 10 percent in...

New Zealand bonds close higher as business confidence drops; GDT price auction eyed

Mar 31, 2017 05:44 am UTC| Commentary Economy

The New Zealand bonds closed atad higher at the time of closing, following a drop in the countrys business confidence. Also, investors are curiously eyeing the GlobalDairyTrade (GDT) price auction, scheduled to be held on...

Australian bonds remain flat tracking U.S. Treasuries; investors eye RBA policy decision next week

Mar 31, 2017 05:14 am UTC| Commentary Economy

The Australian bonds traded flat on the last day of the week, tracking similar movement in the U.S. Treasuries. Also, investors remained sidelined in any major trading activity ahead of the Reserve Bank of Australias (RBA)...