Roberto Jacobs / Blog
Japan Bond Holdings Reduced to Lowest Ssince June '15 – Reuters Poll The latest Reuters poll showed the results of stock and bond holdings by the Japanese fund managers in Feb and March. Key Findings: Japan fund managers raise overall stock holdings in March to 43...
NZD/USD Corrects Lower from 9-Month Peaks, Gives Up 0.69 The NZD/USD pair paused its 3-day massive rally to multi-month tops and now extends the retreat on 0.68 handle as the USD sees a minor pullback across the board. NZD/USD halts 3-day rally Currently, the NZD/USD pair trades -0...
BOJ’s Kuroda: No limits or Obstacles to BOJ's Monetary Policy More comments from BOJ Chief Kuroda hitting the wires, as he continues to speak in parliament today...
Asia Defends Mild Gains, Australian Stocks Outperform The stocks on the Asian bourses are seen posting moderate gains, tracking modest gains on the Wall Street overnight after Fed officials backed Yellen’s dovish tone, while month-end as well as quarter-end repatriation flows also keep the sentim...
China Investment Bank Defaults on ‘Dim Sum Bond' - FT The Financial Times reports thata a unit of Guosen Securities, China's eighth-largest investment bank, has defaulted on a Hong Kong-traded renminbi bond...
Gold Ticks Higher in Asia, but Stays Below $ 1230 Gold is seen reversing a part of yesterday’s losses and defends mild gains on Thursday, amid modestly higher Asian equities and broad based USD recovery. Gold supported above $ 1220 Currently, gold trades +0.08% at 1227...
Bank of China: PBOC Should Cut RRR by 0.5% in Q2 In its outlook report published earlier today, Bank of China revealed China’s GDP forecasts for Q1 & Q2, while noted that the Chinese central bank should lowering RRR in Q2. Key Quotes: China Q1 GDP growth at about 6.6%, Q2 at about 6...
Key US Data Ahead and Previewed - Nomura Analyst at Nomura previewed the key US data ahead for today. Key Quotes: "Initial jobless claims: Labor market conditions have been fairly tight. The unemployment rate has fallen below 5...
Can US Jobs Growth Stay Strong? - ANZ Analysts at ANZ offered the detail of the overnight US ADP report for March. Key Quotes: "Showed jobs rose 200k - a touch higher than expectations (195k) and confirming that the labour market remains robust...