ECB likely to signal close of asset purchase programme by end-2018 at next week’s meeting, says DNB Markets

Jun 07, 2018 09:02 am UTC| Commentary Central Banks Economy

The European Central Bank (ECB) is expected to signal that the asset purchase programme will be closed by the end of this year at its monetary policy meeting scheduled to be held next week, according to the latest research...

Global Geopolitical Series: U.S. Commerce Department announces final AD on stainless steel flanges from China

Jun 07, 2018 08:43 am UTC| Commentary

Yesterday, the U.S. Commerce Department announced final results of the Anti-dumping Duty (AD) investigation on imports of Stainless Steel Flanges from China. The investigation was initiated based on the petition filed by...

FxWirePro: EM crisis deepens as central bankers’ chorus dollar liquidity shortage

Jun 07, 2018 06:48 am UTC| Commentary Central Banks

Indonesian central bank governor Perry Warjiyo joined in Urjit Patel of Reserve Bank of India (RBI), who warned earlier this week of a looming dollar liquidity shortage in the market could become a crisis, as the U.S....

USD/INR likely to consolidate around 67.0, with increasing upward risks due to ECB’s tapering talk and bouncing 10-year UST yield: Scotiabank

Jun 07, 2018 06:30 am UTC| Commentary Economy

The USD/INR currency pair is expected to consolidate around the 67.0 mark for now, although with increasing upward risks due to the European Central Banks (ECB) tapering talk and bouncing of the 10-year United States...

JGBs remain range-bound ahead of Q1 GDP data amid silent trading week

Jun 07, 2018 05:31 am UTC| Commentary Economy

Japanese government bonds remained range-bound Thursday as investors remained side-lined in a muted trading week ahead of the countrys first quarter 2018 gross domestic product (GDP) data, scheduled to be released today by...

FxWirePro: The Day Ahead- 7th June 2018

Jun 07, 2018 05:08 am UTC| Commentary

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: April trade balance came at $0.98 billion as imports failed to grow and...

Australian 10-year bond yield hits 2-week high as U.S. counterpart reverses to 3 pct mark

Jun 07, 2018 03:48 am UTC| Commentary Economy

Australian government bonds plungedon Thursdayas U.S. Treasury yields climbs toward 3 percent level as eurozone bonds sell off. The U.S Treasuries pushed lower across the curve, finding initial momentum from overnight...