U.S. Treasuries trade lower amid global political turmoil, muted trade
Jun 09, 2017 11:28 am UTC| Commentary Economy
The U.S. Treasuries traded lower Friday in the midst of a political turmoil in the global economy, following the UK snap election that resulted in a hung Parliament amid the absence of any economically influential...
UK gilts jump on worries over a hung Parliament after Conservatives lose majority
Jun 09, 2017 10:18 am UTC| Commentary Economy
The UK gilts jumped on worries over the countrys hung Parliament after the Conservatives party fell short of a majority vote to secure its position as the ruling government. Prime Minister Theresa Mays surprise call for a...
Eurozone periphery bonds gain on safe-haven demand post softer German trade balance data
Jun 09, 2017 09:05 am UTC| Economy Commentary
The Eurozone periphery bonds gained on the last trading day of the week, as investors poured into safe-haven instruments after Germanys registered a softer trade surplus for the month of April, released earlier...
China annual CPI likely to rise gradually in the coming months, says ANZ Research
Jun 09, 2017 07:56 am UTC| Commentary Economy
The year-on-year Consumer Price Index (CPI) to rise gradually in the coming months, as the high base effect of food prices starts to moderate. The CPI rose 1.5 percent y/y in May compared with 1.2 percent in April, as the...
DXY Index likely to advance modestly prior to June FOMC meeting, says Scotiabank
Jun 09, 2017 06:43 am UTC| Commentary Economy
The dollar index is expected to advance at a moderate pace before the Federal Open Market Committees (FOMC) meeting in June. The Comey testimony didnt have a material effect as the former FBI Directors verbal testimony in...
New Zealand bonds close flat in subdued trade as UK heads toward a hung Parliament
Jun 09, 2017 06:03 am UTC| Commentary Economy
The New Zealand remained flat at the time of closing Friday in a silent trading session that witnessed no significant data. However, the ongoing distress surrounding the notion of a hung Parliament in the UK, after Prime...
Australian bonds remain narrowly mixed as doubts hover around UK election result
Jun 09, 2017 04:16 am UTC| Commentary Economy
The Australian bonds remained mixed as doubts have clouded over the United Kingdoms general election results, in the counting today. PM Theresa May has gone into a huddle with senior Conservatives as Britain heads for a...