JGBs slump as stocks rebound after heavy sell-off; 30-year auction in focus
Feb 07, 2018 04:34 am UTC| Commentary Economy
Japanese government bonds slumpedon Wednesdayas stocks prices rebounded after witnessing three straight days of heavy sell-off. Also, investors await the 30-year JGBs auction scheduled to be heldon Thursday. The yield...
FxWirePro: The Day Ahead- 7th February 2018
Feb 07, 2018 04:02 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Labor cash earnings up 0.7 percent y/y in December. Upcoming: Japan:...
Australian bonds snap gains on profit-booking ahead of RBA’s monetary policy statement
Feb 07, 2018 03:10 am UTC| Commentary Economy
Australian bonds snapped gains during early Asian session Monday as investors cashed-in profits amid recovery in risk sentiments. Also, investors are awaiting the Reserve Bank of Australias (RBA) monetary policy statement,...
U.S. job openings drop in December, quit rate likely to break out higher in 2018
Feb 06, 2018 21:12 pm UTC| Commentary
Job openings in the U.S. dropped in the month of December from an upwardly revised level recorded in November. Hires also dropped but the number of quitters increased, implying increase in sentiment in the job market,...
Canada’s Ivey PMI Index drops on seasonally adjusted basis in January
Feb 06, 2018 21:11 pm UTC| Commentary
The Canadian purchasing managers index dropped on a seasonally adjusted basis in January. The Ivey Purchasing Managers Index fell to 55.2 from 60.4, coming in below expectations of 61. The corresponding figure for January...
Swedish industry orders fall sequentially in December
Feb 06, 2018 20:02 pm UTC| Commentary
Total orders to Swedish industry dropped in December on a sequential basis. Orders dropped 0.7 percent in seasonally adjusted figures, while it rose 5.8 percent on a year-on-year basis, showed the preliminary data released...
U.S. trade deficit widens in December
Feb 06, 2018 19:13 pm UTC| Commentary
Trade deficit in the U.S. widened in the month of December, coming in above expectations. Deficit broadened to USD 53.1 billion. The advance report on goods trade balance, which was released earlier in the month, recorded...