Reserve Bank of India keeps interest rate on hold, likely to cut rate in June

Feb 06, 2020 12:51 pm UTC| Commentary Central Banks

The Reserve Bank of India kept the policy repo rate on hold today for the second consecutive time. The decision to maintain the interest rate and the accommodative stance was unanimous. The central bank upwardly revised...

BSP cuts key interest rate by 25 bps to 3.75 pct, likely to cut again in Q2 2020

Feb 06, 2020 11:37 am UTC| Commentary Central Banks

The Philippine central bank, BSP, lowered its interest rate unexpected. The BSP cut its overnight reverse repurchase rate by 25 basis points to 3.75 percent. The central bank continues to be positive about domestic growth...

German bunds narrowly mixed amid muted trading session ahead of December trade balance

Feb 06, 2020 10:51 am UTC| Commentary Economy

The German bunds remained narrowly mixed during European trading session Thursday amid a muted trading session that witnessed data of little economic significance ahead of the countrys trade balance for the month of...

Australia’s trade surplus fell slightly in December, below market expectations

Feb 06, 2020 07:46 am UTC| Commentary Economy

Australias trade surplus fell slightly to AUD5.2 billion in December, below market expectations. The decline was driven by a larger rise in imports compared to exports. Imports rose 2.4 percent m/m, while exports were up...

Digital Currency Revolution Series: Bakkt’s App Service On Cards As ICE Bids To Acquire Bridge2 Solutions

Feb 06, 2020 06:05 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Intercontinental Exchanges (ICE-backed) Bakkt has time and again been in the news for their new services in digital asset segment. Well, on the back of these successful launch and the buzzing announcement of bitcoin...

FxWirePro: Asian markets extremely up, gold trades flat at $1,554 mark

Feb 06, 2020 05:37 am UTC| Commentary

All the major Asian indices were trading on a higher note on Thursday. Gold was trading around $1,554 mark while silver was trading around $17.70 mark. Japans Nikkei was trading 2.60 pct higher at 23,925.50...

Australian bonds flat after disappointment in December retail sales; RBA Gov Lowe’s speech eyed

Feb 06, 2020 05:22 am UTC| Commentary Economy

The Australian bonds remained flat during Asian session Thursday after investors experienced a disappointment in the countrys retail sales for the month of December, released early today ahead of the Reserve Bank of...