FxWirePro: Asian markets marginally higher, gold touches $1,550 mark
Jan 22, 2020 04:44 am UTC| Commentary
All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,552 mark while silver was trading around $17.73 mark. Japans Nikkei was trading 0.54 pct higher at 23,994.50...
Australian bonds jump on safe-haven demand following outbreak of Wuhan coronavirus
Jan 22, 2020 03:20 am UTC| Commentary Economy
The Australian bonds jumped during Asian session Wednesday as investors crowded towards safe-haven assets following the outbreak of deadly Wuhan coronavirus in China that claimed lives of few, affecting more than 200...
U.S. existing home sales likely to have continued to rise in December
Jan 21, 2020 18:53 pm UTC| Commentary
The U.S. existing home sales data for the month of December is set to release tomorrow. According to a Wells Fargo research report, the pace of existing home sales is expected to have continued to rise in December to...
Bank of Canada likely to keep interest rate on hold in January
Jan 21, 2020 18:04 pm UTC| Commentary
The Bank of Canada is set to meet tomorrow for its interest rate decision. According to a TD Economics research report, the Bank of Canada is expected to keep the interest rates unchanged at 1.75 percent tomorrow where the...
Thai exports likely to have dropped year-on-year in December
Jan 21, 2020 17:21 pm UTC| Commentary
Thailands trade data for the month of December is set to release tomorrow. According to a DBS Bank research report, the exports are expected to have recorded a shallow fall of 1.6 percent year-on-year, while imports are...
Canadian manufacturing sales fall again in November
Jan 21, 2020 16:30 pm UTC| Commentary
Canadas manufacturing sales dropped for the third consecutive month in November. On a sequential basis, manufacturing sales fell 0.6 percent sequentially. This follows an upwardly revised 0.2 percent fall in October....
Canadian consumer price inflation likely to have remained stable in December
Jan 21, 2020 15:30 pm UTC| Commentary
The Canadian consumer price inflation data for the month of December is set to release tomorrow. According to a TD Economics research report, the headline inflation is likely to have remained stable at 2.2 percent on a...