US Treasury Yields Rise on Upward Revision of US Q4 GDP Treasury prices in the US dropped, pushing the yields higher after the data released on Friday revised Q4 GDP higher, largely in the back of strong personal consumption...
US: PCE Deflator and Personal Income and Spending Data Today - Nomura Research Team at Nomura, notes that the US employment grew at a faster pace in February than in January but the average hourly earnings retreated in February, falling by 0.1...
Small increases expected in spending and income. On Monday at 8:30 a.m., the Commerce Department will report new data on personal consumption and income for February. Economists expect a small increase of 0...
Japanese PM Abe Plans New Stimulus: Nikkei Japan’s daily, the Nikkei reported over the weekend that the Japanese PM Shinzo plans to announce a package of new spending measures on Tuesday to boost the economy...
Nikkei Leads Asian Stocks Higher on Easter Monday The Japanese and the Chinese stock markets kicked-off the week on a stronger footing amid thin trading as most Asian markets remain closed in observance of Easter Monday...
Gold Hits Fresh Monthly Lows on Rising Fed Hike Bets Gold futures on Comex reversed a brief relief rally and resumed the recent downward trajectory as the US dollar continued to remain on a firm footing in a quiet Asian session. Gold drops to test $ 1210 Currently, gold sinks -0.89% to 1212...
Nikkei Rises to 1.5 Week High on Weak Yen Foreigners net sellers so far in 2016, trust banks net buyers The Nikkei gained 0.7 percent to 17,116.76 in midmorning trade after earlier hitting a high of 17,167.88, the highest level since March 17...
USD Underpinned by Renewed FED Hike Expectations The Dollar index recovered to 96.142 last Friday from its low of 94.578 on 18 Mar, due to renewed Fed hike expectations...
Japan: Inflation Remains Weak - Nomura While last week's March Tokyo core core CPI came above consensus, in view of Nomura, inflation in Japan remains weak, concluding that they expect the all-Japan core CPI inflation rate to be slightly negative y-y during 2016...
U.S. economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang. Gross domestic product increased at a 1...
There is no longer a city in the south of England where house prices are less than seven and a half times average local incomes, according to analysis by Lloyds Bank that reveals how the home affordability crisis now stretches far beyond London...
The US dollar rose against all the major and most emerging market currencies last week. After selling off following the ECB and FOMC meetings, the dollar found better traction. It was helped by widening interest rate differentials...
Risk assets such as stocks, corporate bonds and bank loans have been trading in a wide and volatile range, taking investors on a roller-coaster ride up and down, including most recently a rally of about 10 percent in U.S. equity markets...
On the face of it, the latest government update on how the U.S. economy performed in the fourth quarter looked a bit more encouraging. Growth was revised to a 1...
...
Winners and Losers This Week - Scotiabank Analysts at Scotiabank explained that constructive comments from Fed officials on the US economic outlook are helping underpin the USD...
Global Outlook from EZ's View - BNP Analysts at BNP Paribas offered a snapshot look at various economies, with a mixed picture for the global outlook that keeps central banks in focus. Key Quotes: "From ‘risk off’ to ‘risk on'. Dovish Fed, for how long? Eurozone growth looking good...
The holiday shutters most markets today. Several Asian markets were open, and equities were narrowly mixed, with Japan and China posting small gains. Most of the other local markets, including Australia, Korea and Taiwan slipped...
US Q4 GDP Likely to be Unchanged at 1.0% - BBH Research Team at BBH, suggests that although US markets are closed, the government will report another revision of Q4 GDP and the consensus looks it to be unchanged at 1.0...