FxWirePro: Asian markets mixed, gold hovers around $1,290 mark
May 22, 2018 04:30 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Tuesday. Gold was trading around $1,290 mark while silver was trading around $16.45 mark. Japans Nikkei was trading 0.07 pct lower at 22,985.55...
FxWirePro: The Day Ahead- 22nd May 2018
May 22, 2018 04:16 am UTC| Commentary Central Banks
Not many of economic data and events scheduled for today, and all with low to medium volatility risks associated. Upcoming: United Kingdom: MPC member Vlieghe is set for a speech at 8:15 GMT. Public sector net...
Singaporean economy likely to have expanded in Q1 2018, inflation to have accelerated year-on-year
May 21, 2018 20:47 pm UTC| Commentary
Singapores economic growth data for the first quarter is set to be released this week. According to a DBS Bank research report, the economy is likely to have grown 4.5 percent year-on-year and 2 percent on a sequential...
Hong Kong’s headline inflation slows in April, inflationary pressures likely to go up in 2018
May 21, 2018 19:56 pm UTC| Commentary Economy
Hong Kongs headline consumer price inflation rose 1.9 percent year-on-year in April, a slowdown from 2.6 percent seen in the prior month, showed the Census and Statistics Department. Netting out the effects of all...
Malaysian inflation likely to have accelerated in April – DBS Bank
May 21, 2018 17:12 pm UTC| Commentary
Malaysian inflation has bottomed for now. The April figure is set to be released this week. According to a DBS Bank research report, Malaysian inflation is likely to have accelerated to 1.6 percent year-on-year, from...
Bank of Korea unlikely to change interest rate in May, likely to hike in Q3 2018
May 21, 2018 14:27 pm UTC| Commentary
The South Korean central bank is set to meet this week for its interest rate decision. According to a DBS Bank research report, the Bank of Korea is likely to keep its key interest rate on hold at 1.5 percent. Unlike the...
New Zealand retail sales rise below expectations in Q1, consumption growth likely to moderate
May 21, 2018 13:52 pm UTC| Commentary Economy
New Zealand retail sales volumes came in softer than anticipated in the first quarter of 2018. The retail sales volumes grew just 0.1 percent sequentially, as compared with market projections of 1 percent. The figure for...