New Zealand’s ANZ monthly inflation gauge lifts 0.4 pct m/m in December, 0.8 pct q/q
Jan 16, 2020 09:23 am UTC| Commentary Economy
New Zealands ANZ Monthly Inflation Gauge lifted 0.4 percent m/m in December, to finish the quarter up 0.8 percent q/q. Annual inflation in the Gauge was stable at 3.2 percent y/y. Housing-related prices remain a persistent...
PBoC likely to allow Chinese yuan’s market-driven appreciation, says Scotiabank
Jan 16, 2020 06:42 am UTC| Commentary Central Banks Economy
The Peoples Bank of China (PBoC) is expected to allow the yuans market-driven appreciation and to step in to prevent the yuan from weakening versus a basket if the dollar strengthens across the board, according to the...
Kraken Targets APAC Region By Acquiring Bit Trade Exchange
Jan 16, 2020 05:24 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The renowned US-based cryptocurrency exchange, Kraken has made yet another acquisition deal with the Australias renowned crypto exchange Bit Trade in this New-Year. This exchange has also acquired Circles OTC...
FxWirePro: Asian markets flat, gold back above $1,550 mark
Jan 16, 2020 05:13 am UTC| Commentary
All the major Asian indices were trading on a flat note on Thursday. Gold was trading around $1,555 mark while silver was trading around $17.93 mark. Japans Nikkei was trading 0.02 pct higher at 23,920.55...
Australian bonds gain tracking U.S. Treasuries despite signing of Phase 1 trade deal with China
Jan 16, 2020 04:28 am UTC| Commentary Economy
The Australian bonds gained during Asian session Thursday, tracking a similar movement in the U.S. Treasuries as investors shrugged-off the signing of Phase 1 trade deal between China and the United States, trying to read...
U.S. retail sales likely to have grown strongly in December
Jan 15, 2020 13:08 pm UTC| Commentary
The U.S. retail sales data for the month of December is set to release tomorrow. Seasonally adjusting retail sales can be challenging around year-end, but sales are expected to have risen quite strongly in December, even...
Central Bank of Turkey likely to cut interest rate by 50 bps in January
Jan 15, 2020 12:41 pm UTC| Commentary
The Central Bank of Turkey is set to meet tomorrow for its interest rate decision. According to a Barclays research report, the Turkish central bank is expected to extend the monetary policy easing cycle and cut the...