Euro likely to rise to 1.26 against U.S. dollar by December 2019, says Citi Bank
Nov 13, 2017 05:48 am UTC| Commentary Economy
The euro is expected to rise to 1.26 level against the greenback by December 2019, according to a recent report from Citi Bank. The 1.05-1.15 range pertaining from May 2015 to June 2017 now becomes a triple bottom,...
JGBs slump following upbeat producer inflation data; Q3 GDP data in focus
Nov 13, 2017 04:06 am UTC| Commentary Economy
Japanese bonds slumped Monday following higher-than-expected producer inflation data for October. In addition, markets will now focus on the upcoming third-quarter gross domestic product (GDP) data. The yield on the...
Australian bond yields rise following RBA Deputy Governor Debelle’s optimistic speech
Nov 13, 2017 03:20 am UTC| Commentary Economy
Australian bonds yields moved a tad higheron Mondayfollowing an optimistic speech from the Reserve Bank of Australia Deputy Governor Guy Debelle. In addition, markets will focus on the upcoming Chinas industrial production...
FxWirePro: The Day Ahead- 13th November 2017
Nov 13, 2017 01:38 am UTC| Commentary Economy
Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Upcoming: China: China might release data on M2 money supply, new loans, and FDI. Japan: Flash...
Euro area GDP likely to rise 2.3 pct in 2017, 2.0 pct next year: Barclays Bank
Nov 10, 2017 08:45 am UTC| Commentary Economy
Euro area gross domestic product (GDP) is expected to rise 2.3 percent this year and 2.0 percent by next year. The areas GDP rose by 0.6 percent q/q in Q3. The latest EC quarterly survey suggests tensions appearing on...
New Zealand bonds gain at close on weak retail electronic card retail sales data, short covering
Nov 10, 2017 05:55 am UTC| Commentary Economy
New Zealand government bonds gained at the time of closing Friday after electronic card retail sales data for October came weaker than market expectations. In addition, Investors from the start of this week built large...
FxWirePro: The Day Ahead- 10th November 2017
Nov 10, 2017 04:30 am UTC| Commentary Economy
Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Upcoming: France: September industrial output report will be released at 7:45 GMT, along with 3rd...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects