JGBs remain mixed in subdued trading session; investors eye 30-year auction

Apr 10, 2017 06:56 am UTC| Commentary Economy

The Japanese government bonds remained mixed Monday, as investors remain muted in subdued trading session. Also, market participants are curiously eyeing the 30year auction, scheduled to be held on April 13 for detailed...

Rebound in energy prices unlikely to extend further support to CAD in medium term, says Scotiabank

Apr 10, 2017 06:36 am UTC| Economy Commentary

The Canadian dollar (CAD) has benefited from a run of stronger-than-expected data in the early part of the year that possibly does not fully reflect some of the ongoing challenges in the composition of and momentum behind...

FxWirePro: The Day Ahead- 10th April 2017

Apr 10, 2017 04:37 am UTC| Commentary Economy Central Banks

Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Home loans declined by 0.5 percent in February, investment lending for homes...

Welcome to Britain in 2017, where everybody is expected to be a border guard

Apr 08, 2017 05:52 am UTC| Insights & Views Economy

British employers will now be expected to pay an annual skills levy of 1,000 if they want to employ a migrant worker from outside the European Union. The charge, which is reduced to 364 for smaller organisations and...

Britain's housing market is in poor health, but it's not just a shortage – here's why

Apr 08, 2017 05:47 am UTC| Insights & Views Economy

The UKs housing market is in critical condition. The symptoms are stark: demand in several regions far outstrips supply, prices relative to earnings in many major cities are beyond the reach of most people, home ownership...

China March FX reserves above $3 trln as capital control measures contain outflows

Apr 07, 2017 13:33 pm UTC| Commentary Economy

Chinas foreign exchange reserves rose slightly in March, data published by the Peoples Bank of China (PBoC) showed on Friday. Chinas foreign exchange reserves rose $3.96 billion during March to total $3.009 trillion,...

FxWirePro: Pound pulls back on NIESR GDP report

Apr 07, 2017 12:43 pm UTC| Commentary Economy

The National Institute of Economic and Social Research lowered the growth prospects of the United Kingdom in its latest report released today. I said that after growing 0.6 percent in the last quarter, the UK economy...