USD/CNY likely to rally through 6.40 level in wake of June FOMC meeting, says Scotiabank
May 08, 2018 09:36 am UTC| Commentary Economy
The USD/CNY currency pair is expected to rally through the 6.40 level in the run up to the Federal Open Market Committees (FOMC) monetary policy meeting in June, according to a recent report from Scotiabank. Further,...
May 08, 2018 06:22 am UTC| Commentary Economy
New Zealand bonds ended on a higher note Tuesday as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May 9, followed by a press conference later in the...
JGBs falter on improved investors’ risk sentiments; steady 10-year bond demand cushion losses
May 08, 2018 05:02 am UTC| Commentary Economy
The Japanese government bonds faltered during Asian session Tuesday as investors risk sentiments improved, although the steady demand from the latest 10year auction held early today, helped to cushion further...
Disappointing March retail sales drag Australian 10-year yield to over 3-week low
May 08, 2018 03:24 am UTC| Commentary Economy
Australian government bonds gainedon Tuesdayfollowing weaker-than-expected March retail sales data, hinting that weaker consumer spending could drag overall economic activity. That dragged the benchmark 10-year Note yield...
Indonesian economy expands slightly below expectations in Q1, BI to keep rates on hold
May 07, 2018 14:17 pm UTC| Commentary Economy
Indonesian economy expanding marginally lower than anticipated in the first quarter of this year. On a year-on-year basis, the Indonesian economy grew 5.06 percent year-on-year, as compared with market expectations of 5.19...
Australian wage rises in EBAs rise in Q4 2017, wage inflation likely to pick-up very gradually
May 07, 2018 13:34 pm UTC| Commentary Economy
Average wage rises in Australian enterprise bargaining agreements rose to 2.5 percent in the December quarter following a surprisingly sharp deceleration in the prior quarter. While this is just off the lows recorded in...

May 07, 2018 08:16 am UTC| Commentary Economy
Australias ANZ business conditions leaped to a new record level in April, rebounding strongly after Marchs soft outcome. The mining sector posted the sharpest improvement in April and is now reporting the best overall...