BRL likely to depreciate further if BCB leaves door open for further rate cuts, says Commerzbank
Feb 05, 2020 09:19 am UTC| Commentary Economy
The Brazilian real is expected to depreciate further if the Brazilian Central Bank (BCB) leaves the door open for further rate cuts, while if it decides to pause the rate cut cycle, the damage to the currency is likely to...
NZ unemployment rate ticks down to 4 pct in Q4, below RBNZ’s expectations of 4.2 pct
Feb 05, 2020 08:01 am UTC| Commentary Economy
New Zealands unemployment rate ticked down to 4.0 percent in the December 2019 quarter below ANZ, market, and RBNZ expectations of 4.2 percent. This followed a downwardly-revised print of 4.1 percent in Q3. These data can...
Blockchain Revolution Series: French Fintech Firms In M&A Deal To Optimize Payment Services
Feb 05, 2020 07:23 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The French Fintech firms, Ingenico and Worldline who are in the payments service business, have made the latestannouncementabout their intentions for a merger deal. Wordline is going toacquireIngenico business for worth...
Digital Currency Revolution Series: ICE Backed Bakkt Eyes On eBay For Acquisition Deal
Feb 05, 2020 06:12 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The new cryptocurrency start-up, Bakkt established by the Intercontinental Exchange (ICE), has been in news quite frequently for their launch of bitcoin options, futures contracts with physical delivery as well as...
RBNZ likely to leave policy rate unchanged at 1 pct next Wednesday, says ANZ Research
Feb 05, 2020 05:55 am UTC| Commentary Economy Central Banks
The Reserve Bank of New Zealand (RBNZ) is expected to leave the Overnight Cash Rate (OCR) unchanged at 1 percent at its monetary policy meeting scheduled to be held next Wednesday, indicating that they expect to sit on the...
FxWirePro: Asian markets in green, gold stabilizes below $1,560 mark
Feb 05, 2020 05:10 am UTC| Commentary
All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,557 mark while silver was trading around $17.63 mark. Japans Nikkei was trading 1.80 pct higher at 23,385.50...
Australian bonds plunge tracking U.S. Treasuries after rebound in Chinese equities
Feb 05, 2020 04:52 am UTC| Commentary Economy
The Australian bonds plunged during Asian session Wednesday tracking a similar movement in the United States Treasuries after Chinese equities experienced a rebound, following their biggest selloff since 2015 after the...