U.S. Treasuries flat in muted trading; all eyes on FOMC policy decision

Oct 31, 2017 10:42 am UTC| Commentary Economy

The U.S. Treasuries flat Tuesday in muted trading session as investors remained sidelined in any major trading activity ahead of Wednesdays FOMC monetary policy decision. The yield on the benchmark 10-year Treasury rose...

China factory PMI witnesses decline in October, remains above 50-point threshold mark

Oct 31, 2017 09:38 am UTC| Commentary Economy

Chinas Official manufacturing purchasing managers index (PMI) fell to 51.6 in October from 52.4 in September. It was, however, still at the average level for January-September. New orders dropped to 52.9 from 54.8, while...

EUR/CZK likely to fall to 25.00 by H1 2018, says Commerzbank

Oct 31, 2017 06:58 am UTC| Commentary Economy

The EUR/CZK currency pair is expected to fall to 25.00 by the first half of next year, according to a recent report by Commerzbank. The post-election scenario in the Czech Republic is playing out more or less as was...

New Zealand bonds jump sharply on rising worries over new coalition government policies; eyes on Q3 employment report

Oct 31, 2017 06:20 am UTC| Commentary Economy

The New Zealand bond sharply jumped Tuesday on a continuous rise in investors worries over the political health of the country after the recent formation of the coalition government, backed by NZ First Party. Also, Prime...

Australian bonds yields plunge as Powell seen likely Fed chair pick

Oct 31, 2017 03:58 am UTC| Commentary Economy

Australian bonds ralliedTuesdayas investors poured into safe-haven assets tracking a similar movement in the U.S. counterpart after Fed Governor Jerome Powell seems to be in the run-up for succeeding Janet Yellen in early...

Moody's: Outlook for Vietnam banking system is positive; strong economic prospects

Oct 31, 2017 03:32 am UTC| Research & Analysis Economy

Moodys Investors Service has changed its outlook for Vietnams banking system to positive for the next 12-18 months from stable, reflecting the countrys strong economic prospects and the positive outlooks for most rated...

Australian bonds yields plunge as Powell seen likely Fed Chair pick

Oct 31, 2017 02:37 am UTC| Commentary Economy

Australian bonds ralliedTuesdayas investors poured into safe-haven assets tracking a similar movement in the U.S. counterpart after Fed Governor Jerome Powell seems to be in the run-up for succeeding Janet Yellen in early...