Australian bonds tad higher ahead of RBA’s SoMP; movement in U.S. Treasuries eyed
Nov 08, 2017 01:55 am UTC| Commentary Economy
Australian bonds traded a little firmerWednesdayas markets awaited the Statement on Monetary Policy (SoMP) from the Reserve Bank of Australia. In addition, development in the U.S. Treasuries remained in focus. The yield...
U.S. Treasuries continue to trend lower ahead of Fed Chair Yellen’s speech, 3-year auction
Nov 07, 2017 11:11 am UTC| Commentary Economy
The U.S. Treasuries continued to trend lower Tuesday as investors wait to watch The Federal Reserve Chair Janet Yellens speech, scheduled to be held today by 19:30GMT. Also, the countrys 3-year note auction, due today by...
BoE raises rates, a follow-up unlikely anytime soon, says Royal Bank of Canada
Nov 07, 2017 08:05 am UTC| Commentary Economy Central Banks
The Bank of England voted 7-2 to raise their policy rate in November, the first 25 basis points increase in a decade. The move undid last years rate cut that followed the Brexit referendum. With the economy operating near...
Nov 07, 2017 06:45 am UTC| Commentary Economy
The world economy is expected to expand by 3.6 percent by end of this year and next, courtesy of upgrades to China and Europe. Stronger global merchandise trade volumes have been a boon to both advanced and emerging...
New Zealand bonds end lower ahead of GDT price auction, RBNZ monetary policy meeting
Nov 07, 2017 06:10 am UTC| Commentary Economy
The New Zealand bonds ended the session lower Tuesday as investors wait to watch the GlobalDairyTrade (GDT) price auction, scheduled to be held on November 7. Of utmost importance is the Reserve Bank of New Zealands (RBNZ)...
FxWirePro: The Day Ahead- 7th November 2017
Nov 07, 2017 04:30 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Japan: Labor cash earnings up 0.9 percent y/y in September. United Kingdom:...
USD likely to strengthen more by end 2017, says BofAML
Nov 07, 2017 04:07 am UTC| Commentary Economy
The US dollar is expected to strengthen more by the end of this year, according to a recent report from Bank of America Merill Lynch (BofAML). While EURUSD was testing levels above 1.20, a drop to 1.15 is projected by the...
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