FxWirePro: The Day Ahead- 28th November 2017
Nov 28, 2017 04:17 am UTC| Commentary Economy
Lots of economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Germany: Import price inflation report will be released at 7:00 GMT, along with GFK consumer...
USD/INR likely to remain in range of 64-66 for some time - Scotiabank
Nov 27, 2017 15:16 pm UTC| Commentary Economy
On Friday, SP Global Ratings kept its sovereign rating unchanged for India at BBB-, while it kept its outlook stable for the nation. A BBB- rating signifies the lowest investment grade rating for bonds. Earlier in the...
Bank Negara Malaysia likely to adopt two rate hikes of 25 bps each in 2018, says ANZ Research
Nov 24, 2017 10:16 am UTC| Commentary Economy Central Banks
Bank Negara Malaysia (BNM) is expected to adopt two rate hikes of 25 basis points each in 20108, with the first one in January 2018, according to a recent report from ANZ Research. The downside surprise to October...
UK gilts decline in muted trading session, reverse gains post Q3 GDP data
Nov 24, 2017 09:23 am UTC| Commentary Economy
The UK gilts declined on the last trading day of the week amid a silent session that witnessed least data of any major economic significance, reversing all gains seen after the release of the third-quarter gross domestic...
German bunds slump after Ifo business climate index beats expectations in November
Nov 24, 2017 09:14 am UTC| Commentary Economy
The German bunds slumped Friday after the countrys business climate index released by Ifo hit a new record-high during the month of November, also surpassing what markets had initially anticipated. The German 10-year...
Euro likely to extend further gains in 2018, says Canadian Imperial Bank
Nov 24, 2017 06:45 am UTC| Commentary Economy
The common currency is expected to extend further gains going into 2018, according to a recent report from the Canadian Imperial Bank. On track to cut back asset purchases later this month, the ECB is now on the precipice...
New Zealand bonds close higher after imports hit record high in October, trade deficit widens
Nov 24, 2017 05:28 am UTC| Commentary Economy
New Zealand government bonds closed higher on Friday after the countrys imports hit a record high in October. Also, rising expectations that the Reserve Bank of New Zealand is set to keep interest rates at record lows for...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects