AUD/CAD likely to trade between 0.97 and 0.99 for now, says Scotiabank
Nov 01, 2017 07:38 am UTC| Commentary Economy
The AUDCAD is expected to trade between 0.97 and 0.99 level for now, according to a recent report from Scotiabank. Technically, either the AUD or the CAD has been oversold with rising risks of corrections at the moment,...
New Zealand bonds close mixed after employment report remains upbeat in Q3
Nov 01, 2017 07:04 am UTC| Commentary Economy
The New Zealand bond remained mixed at the time of closing Wednesday after todays labor market report for the September quarter painted a stronger picture of employment than expected, even after allowing for some unusual...
Japanese bonds trade narrowly mixed in quiet trading; FOMC eyed
Nov 01, 2017 05:30 am UTC| Commentary Economy
Japanese government bonds traded narrowly mixedWednesdayas investors remain sidelined in any big deal ahead of the FOMC monetary policy decision later in the day. The yield on the benchmark 10-year Treasury note, which...
Australian bonds slip following weakness in U.S. Treasuries; FOMC decision is focus
Nov 01, 2017 03:38 am UTC| Commentary Economy
Australian government bond futures slippedWednesdayfollowing weakness in the U.S. Treasuries as investors booked profits ahead of the FOMC policy decision later in the day. The yield on the benchmark 10-year Treasury...
U.S. Treasuries flat in muted trading; all eyes on FOMC policy decision
Oct 31, 2017 10:42 am UTC| Commentary Economy
The U.S. Treasuries flat Tuesday in muted trading session as investors remained sidelined in any major trading activity ahead of Wednesdays FOMC monetary policy decision. The yield on the benchmark 10-year Treasury rose...
China factory PMI witnesses decline in October, remains above 50-point threshold mark
Oct 31, 2017 09:38 am UTC| Commentary Economy
Chinas Official manufacturing purchasing managers index (PMI) fell to 51.6 in October from 52.4 in September. It was, however, still at the average level for January-September. New orders dropped to 52.9 from 54.8, while...
EUR/CZK likely to fall to 25.00 by H1 2018, says Commerzbank
Oct 31, 2017 06:58 am UTC| Commentary Economy
The EUR/CZK currency pair is expected to fall to 25.00 by the first half of next year, according to a recent report by Commerzbank. The post-election scenario in the Czech Republic is playing out more or less as was...
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