Market sentiment changed towards greater risk appetite
While the yields rose, the USD weakened against a basket of currencies Read [...]
Trading news
Japan's manufacturing PMI higher in September
Japan's manufacturing activity appreciated, within a period of seven months, for the first time in September, as per a preliminary survey today, an indication that the economic growth is regaining momentum.
Japan's manufacturing PMI higher to 50.3
The nation's IHS Markit / Nikkei Flash Manufacturing PMI escalated from August's reading of 49.5 to 50.3 in September, thus being the first time where the index was able to stabilize above 50.
The new export orders index rose from the previous month's 47.2 reading to 50.2.
Furthermore, due to the weakness in exports and consumer spending, the economic growth's pace slowed for the period of April to June.
Moreover, Japan's government aims to support both domestic and overseas demand via a 13.5 trillion yen stimulus scheme.
Read More
Friday, 23 Sep, 2016 / 7:17
Trading news
What’s The Real Issue With The Debt Ceiling?
Politicians just love a crisis that they can leverage to push their agenda and [...]
Bond markets come alive as tighter policy looms, stock rally eases
Sovereign bond yields jump on optimism and rising prospect of [...]
