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...
Japanese bonds trade mixed on volatile stocks, soft BoJ bonds buying
Nov 10, 2017 03:56 am UTC| Commentary Economy
Japanese bonds traded mixed Friday following the volatile benchmark stock index Nikkei. In addition, soft Bank of Japans bond buying pushed the prices little lower. The yield on the benchmark 10-year Treasury note,...
Australian short-term 2-year bond yields slump on dovish Statement of Monetary Policy
Nov 10, 2017 02:49 am UTC| Commentary Economy
Australian short-term bonds yields slumpedFridayafter RBA signals rates on hold as growth drags. The central bank said weak wages growth will keep downward pressure on inflation over the next few years. The short-term...
No change expected from the BoE until 2019, says Royal Bank of Canada
Nov 09, 2017 08:48 am UTC| Commentary Central Banks Economy
The Bank of England is not expected to deliver any change in its monetary policy decision until at least 2019. The central bank voted 7-2 to raise their policy rate in November, the first 25 basis points increase in a...
NZD/USD likely to fall to 0.65 by Q2 2019, says ANZ Research
Nov 09, 2017 07:47 am UTC| Commentary Economy
The NZD/USD currency pair is expected to fall to 0.65 level by the second-quarter of 2019 as unease regarding the economic policies of a new government has weighed heavily on NZD. Such unease will remain over the coming...
New Zealand bonds close mixed after RBNZ brings forward rate-hike forecast
Nov 09, 2017 06:38 am UTC| Commentary Economy
New Zealand government bonds closed mixed on Thursday after the Reserve Bank of New Zealand hinted that official cash rate (OCR) may need to rise somewhat sooner than already expected as it amended up inflation...