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Indian bonds edge up on hopes of RBI's policy rate cut MUMBAI: Indian government bonds ended slightly higher in a range-bound session on Monday, as an unexpected interest rate cut in China was seen reinforcing the prospect that India's central bank would ease, possibly as early as next week. Although most traders expect the Reserve Bank of India to cut rates in February, markets are bracing for a potential surprise at the review on Dec. 2. At the very least, traders say they expect the central bank to adopt a more dovish tone. China cut interest rates late on Friday in a bid to boost growth in the world's second-biggest economy. Although that is not expected to become a major factor in the RBI's thinking, traders say it still helps build the argument for easing in India. More important to the RBI's thinking could be the July-September economic growth data due on Friday. "Bonds will be range-bound up to policy, though ...

Spanish yields below 2pc for first time as ECB bond buying eyed LONDON: Spanish 10-year bond yields broke on Monday below 2 percent for the first time as the prospect of the European Central Bank expanding its asset purchases to include government debt drove down euro zone yields.Italian, Irish, French and Austrian yields also fell to fresh lows, extending last week's falls after ECB President Mario Draghi said on Friday that "excessively low" inflation had to be raised quickly by whatever means necessary. This was his clearest ...
JGBs edge up, BoJ buying helps longer-dated maturities TOKYO: Japanese government bond prices edged up on Friday, lifted by slipping Tokyo shares and overnight gains in US Treasuries. A regular operation by the Bank of Japan, through which large amounts of government debt is purchased for its monetary easing programme, also supported longer-dated JGBs. The BoJ said on Friday it is buying 160 billion yen($1.36 billion) of JGBs with maturities of 25 years or longer. The 30-year yield went as low as 1.355 ...
Treasuries prices advance after weak China, euro zone data NEW YORK: US Treasury debt prices rose on Thursday, as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe.Global stocks fell as a result, with risk appetite diminishing and pushing yields in safe-haven German bunds and U.S. Treasuries to the day's lows.Data showing increased underlying U.S. inflation pressures last month and lower initial weekly jobless claims helped yields edge higher. But pessimistic data out ...
Yields rise as markets brace for Fed minutes NEW YORK: US Treasury debt yields rose on Wednesday ahead of the release of minutes from the latest Federal Reserve meeting, which investors believed would show a central bank optimistic about the U.S. economy and ready to raise interest rates next year.Treasuries were also pressured by the expected new issuance of Alibaba Group Holding's $8 billion corporate bond deal, traders said. Asset managers are selling Treasuries to make way for the Alibaba deal.For now though, ...
JGBs extend gains after BoJ holds steady TOKYO: Japanese government bonds extended gains on Wednesday after the Bank of Japan held policy steady as expected and kept to its overall upbeat economic view - even with news this week that the economy had slipped into recession. The BoJ said Japan's economy "continues to recover moderately as a trend" and voted to continue its purchases of government bonds and risky assets, maintaining its pledge of increasing base money, or cash and deposits at ...
Treasuries prices inch higher after tame core US producer prices NEW YORK: US Treasury debt prices edged higher in choppy trading on Tuesday after a core inflation measure showed just a tepid rise in prices last month, which suggested the Federal Reserve could take its time raising interest rates.Yields, which move inversely to prices, were much lower following the release of the stronger-than-expected U.S. producer prices data but edged up from their troughs, indicating a market lacking any strong conviction trade.German Bund yields hovering near ...


Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln