BoK likely to maintain policy rate at 1.50 pct until May MPC meeting, says Scotiabank
Jan 17, 2018 07:28 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to maintain its policy rate at 1.50 percent on Thursday morning to seek a balance between the nations financial stability and economic growth. The central bank will not rush into a...
Global Geopolitical Series: U.S. freezes $65 million aid to Palestinian refugees
Jan 17, 2018 06:25 am UTC| Commentary
The United States has followed up on President Trumps threat to cut off aid to Palestinian refugees in response to Palestine Liberation Organizations (PLO) refusal to come to the negotiating table. Earlier this year, after...
New Zealand bonds jump at close tracking rise in GDT price index at overnight auction
Jan 17, 2018 06:11 am UTC| Commentary Economy
New Zealand government bonds jumped at the time of closing Wednesday, tracking a solid jump in dairy product prices at Fonterras GlobalDairyTrade auction amid concerns about a decline in the countrys supply following dry...
JGBs trade narrowly mixed as BoJ keeps bond purchases unchanged; 30-year auction closely eyed
Jan 17, 2018 05:03 am UTC| Commentary Economy
Japanese government bonds traded narrowly mixedon Wednesdayafter the Bank of Japan kept its bond purchases unchanged in its open market operation held today. The yield on the benchmark 10-year Treasury note, which moves...
FxWirePro: The Day Ahead- 17th January 2018
Jan 17, 2018 04:31 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: New Zealand: ANZ commodity price down 2.2 percent in December. Investment lending for...
FxWirePro: Most Asian markets in red, gold hovers around $1,340 mark
Jan 17, 2018 04:04 am UTC| Commentary
All the major Asian indices were trading on a lower note on Wednesday. Gold was trading around $1,338 mark while silver was trading around $17.15 mark. Shanghai composite index to open up 0.1 pct at 3,438.58 points and...
Australian bonds slump after consumer sentiment jumps to 4-year high; Dec employment report in focus
Jan 17, 2018 03:58 am UTC| Commentary Economy
Australian government bonds slumpedon Wednesdayas investors preferred riskier assets following arise in Westpacs consumer sentiment for January. Also, markets awaited December employment report, which would allow the...