CBC likely to hold monetary policy rate unchanged at 1.375 pct through 2020, says ANZ Research
Jan 13, 2020 06:26 am UTC| Commentary Economy Central Banks
The Central Bank of the Republic of the China (Taiwan) is expected to hold the monetary policy rate unchanged at 1.375 percent through 2020, according to the latest report from ANZ Research. Taiwans GDP growth will...
FxWirePro: Asian markets slightly up, gold trades flat at $1,555 mark
Jan 13, 2020 04:50 am UTC| Commentary
All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,555 mark while silver was trading around $18.02 mark. Japanese banks will be closed in observance of Coming-of-Age...
Jan 13, 2020 04:01 am UTC| Commentary Economy
The emerging market Asian currencies are expected to advance further amid a sustained risk-friendly sentiment, on the back of 1) the Feds dovish stance and regional central banks future stimulus measures; 2) ongoing...
Australian bonds jump tracking U.S. Treasuries following disappointment in December jobs report
Jan 13, 2020 02:32 am UTC| Commentary Economy
The Australian bonds jumped during Asian session of the first trading day of the week Monday, tracking a similar movement in the U.S. Treasuries after jobs report in the States for the month of December disappointed market...
Jan 10, 2020 19:03 pm UTC| Commentary
Swedish inflation data for the month of December is set to release next week. According to a Nordea Bank research report, the consumer price inflation is likely to have accelerated to 0.5 percent sequentially, while it is...
U.S. non-farm payrolls rise modestly in December, jobless rate remains unchanged at 3.5 pct
Jan 10, 2020 18:29 pm UTC| Commentary
U.S. non-farm payrolls rose modestly in December by 145k, slightly below consensus expectations of 160k. Decembers data is a mild deceleration from Novembers hearty 256k tally. Hiring was downwardly revised a bit over the...
Canada’s employment rises in December, jobless rate falls to 5.6 pct
Jan 10, 2020 17:18 pm UTC| Commentary
Canadas employment rose in the month of December. A net 35.2k jobs were added in the month. Furthermore, the jobless rate dropped to 5.6 percent from Novembers 5.9 percent, aided by a fall in labor force participation. The...