JGBs pare losses after BoJ decides to buy "unlimited" long-term bonds to curb rising yields
Feb 02, 2018 05:49 am UTC| Commentary Economy
Japanese government bonds pared losses Friday after the Bank of Japan (BoJ) announced early today that it would buy an unlimited amount of long-term bonds to curb the effect of rising yields. The yield on the benchmark...
FxWirePro: Asian markets in red, gold hovers around $1,350 mark
Feb 02, 2018 05:08 am UTC| Commentary
All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,347 mark while silver was trading around $17.18 mark. Shanghai composite index to open down 0.8 pct at 3,419.22 points and...
FxWirePro: The Day Ahead- 2nd February 2018
Feb 02, 2018 04:35 am UTC| Commentary Central Banks
Not many of economic data and events scheduled for today, but some with high volatility risks associated. Data released so far: Australia: Fourth quarter producer price inflation rose 0.6 percent, up 1.7 percent...
Feb 02, 2018 04:29 am UTC| Commentary Economy
Australian government bonds slumped on the last trading day of the week Friday after the countrys producer price index for the fourth quarter of 2017 jumped beyond market expectations and higher than the prior figures as...
Feb 02, 2018 04:29 am UTC| Commentary Economy
Australian government bonds slumped on the last trading day of the week Friday after the countrys producer price index for the fourth quarter of 2017 jumped beyond market expectations and higher than the prior figures as...
U.S. nonfarm payrolls likely to have grown 175k in January – TD Economics
Feb 01, 2018 21:22 pm UTC| Commentary
U.S. nonfarm payrolls data for the month of January is set to be released tomorrow. According to a TD Economics research report, the nonfarm payrolls are expected to have grown 175k in January, below its three-month...
U.S. ISM manufacturing index remains unchanged in January
Feb 01, 2018 21:22 pm UTC| Commentary
The Institute for Supply Management index of manufacturing for January remained greatly unchanged. The ISM manufacturing index came in at 59.1, slightly down from 59.3 in December. This is the 17th consecutive month that...