FxWirePro: Asian markets mixed, gold slips below $1,290 mark
May 18, 2018 05:06 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Friday. Gold was trading around $1,288 mark while silver was trading around $16.38 mark. Japans Nikkei was trading 0.31 pct higher at 22,908.55...
FxWirePro: The Day Ahead- 18th May 2018
May 18, 2018 04:26 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: Germany: Producer price inflation report will be released at 6:00 GMT, along with...
May 18, 2018 03:40 am UTC| Commentary Economy
Australian government bonds slumped across the curve on last trading of the weekFridaytracking heaving sell-off in the U.S. Treasuries. The U.S. 10-year Treasury yield hit highest since June 2011 of 3.12 percent on...
Canadian headline consumer price inflation likely rose year-on-year in April
May 17, 2018 21:09 pm UTC| Commentary
The Canadian headline consumer price inflation data for April is set to be released tomorrow. According to a TD Economics research report, the consumer price index is expected to have risen to 2.4 percent year-on-year,...
USD/CAD likely to fall forwards to 1.20 by end-2019, says Lloyds Bank
May 17, 2018 20:32 pm UTC| Commentary
The Canadian dollar continues to consolidate in its medium-term range against the U.S. dollar, noted Lloyds Bank in a research report. The Canadian dollar, in recent weeks, has sustained by the sharp rise in oil prices and...
Canadian retail sales likely to have moderated in March – TD Economics
May 17, 2018 20:02 pm UTC| Commentary
Canadian retail sales data for the month of March is set to be released tomorrow. According to a TD Economics research report, retail sales are expected to have grown just 0.2 percent as a pullback in motor vehicle sales...
Swedish housing starts fall in Q1 2018, likely to decline further going forward
May 17, 2018 19:20 pm UTC| Commentary
Swedish housing starts fell in the first quarter of this year, probably marking the start of a prolonged downturn. This is expected to be a drag on the economic growth going forward, noted Nordea Bank in a research...