All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

Singapore bonds set for S$11bn refi boost By Kit Yin Boey SINGAPORE: Benchmark rates have fallen in the Singapore dollar bond market, making for conducive conditions for new issues early in 2015 as issuers begin refinancing S$11.13bn (US$8.5bn) of bonds due to mature in 2015.The 10-year Singapore dollar SOR tumbled some 42bp in the last three months to 2.25% on December 16 from 2.675% on September 19.Simultaneously, government bond yields have also dipped at the long ends of the curve. The 10-year ended last year at 2.59%, but was at 2.17% on Monday.Both benchmarks have moved in tandem with long-dated US Treasury yields. The 10-year UST yield was around 3.0% a year ago, but was quoted at 2.12% on Monday.Analysts are predicting that the US Federal Reserve will start to raise rates next September or October, and DBS researchers predict that the 10-year SGS yield will rise to 2.35% in the first quarter, before gradually increasing to 2.65% in the last ...


JGBs mostly firm, yields out to four years below zero TOKYO: Japanese government bond prices held mostly firm on Friday with two-year yield hitting a record low and yields up to four years staying below zero on expectations of a bond shortage next week, ahead of a large redemption.The two-year JGB yield fell 2.5 basis points to minus 0.040 percent, while five-year bonds maturing Sept 2018, for example, traded at minus 0.010 percent.The 20-year JGB yield fell 0.5 basis point to 1.115 percent while the ...

Yen weakens in Asia after BoJ meeting TOKYO: The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more upbeat view of the world's number three economy.In Tokyo, the greenback rose to 119.31 yen from 118.87 yen before the BoJ policy announcement and 118.81 yen in New York.The euro strengthened to 146.53 yen from 146.00 yen, while it was at $1.2281 against $1.2287 in US trade."Exports have shown signs of picking up" ...

Yen weakens in Asia after BoJ meeting TOKYO: The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more upbeat view of the world's number three economy.In Tokyo, the greenback rose to 119.27 yen from 118.87 yen before the BoJ policy announcement and 118.81 yen in New York.The euro strengthened to 146.47 yen from 146.00 yen, while it was at $1.2279 against $1.2287 in US trade.Investors are now awaiting BoJ governor Haruhiko ...

South Africa's rand firms for 3rd day as emerging markets rally JOHANNESBURG: South Africa's rand firmed against the U.S. dollar for a third straight day on Thursday, boosted by positive emerging market sentiment after the U.S. federal reserve suggested interest rate hikes were some way off.At 1535 GMT, the rand was 0.69 percent firmer at 11.5280 against the greenback, having rallied more than 1 percent earlier in the session."What we are seeing in dollar/rand today is very much correlated to the improvement in the risk appetite ...

Indian rupee sees biggest gain in 7 months post Fed; bonds up for 2nd day MUMBAI: Indian markets rallied on Thursday, with the rupee posting its biggest single-day gain in seven months and rebounding from a 13-month low, after the U.S. Federal Reserve said it would take a "patient" approach in deciding when to raise interest rates.Reserve Bank of India Governor Raghuram Rajan had called the prospect of U.S. rate hikes a risk to emerging markets given expectations that overseas investors may pare their bets on higher-yielding debt of countries ...

Sri Lankan rupee fwds end steady; cbank sees stable currency in Dec COLOMBO: Sri Lankan rupee forwards closed steady for a fourth straight session on Thursday, as the central bank's moral suasion forced banks to cap trading at 132.00 per dollar.Central bank Governor Ajith Nivard Cabraal said the rupee would be stable during this month."There is no change in our outlook and we expect it will be stable," Cabraal told Reuters. "We have seen upward and downward movements in the rupee, but they are not at any ...


 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln