
Fed Funds rate likely to reach 2-2.25 pct by end of next year, says Commerzbank
Nov 14, 2017 06:13 am UTC| Commentary Economy Central Banks
The Federal Open Market Committees (FOMC) October 31-November 1 monetary policy meeting brought the expected confirmation of Fed policy. The Fed left its funds target corridor at between 1.00 percent and 1.25 percent. The...
FxWirePro: Asian markets mixed, gold flat at $1,275 mark
Nov 14, 2017 05:42 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Wednesday. Gold was trading around $1,276 mark while silver was trading around $16.99 mark. Australias SP/ASX 200 was trading 0.88 pct lower at 5,968.54...
Fed Hike aftermath Series: Hike probabilities over next 12 months
Nov 14, 2017 05:38 am UTC| Commentary Central Banks
Hike probability sharply spiked after last FOMC meeting, where projection material showed that the U.S. Federal Reserve is still projecting one more hike for 2017, which is likely to be December. The November FOMC...
Nov 14, 2017 05:25 am UTC| Commentary Economy
New Zealand government bonds closed a tad lower in a quiet Tuesday trading session, although rising U.S. Treasury yields dragged the bonds prices lower. In addition, investors moved away from the safe-haven buying...
FxWirePro: The Day Ahead- 14th November 2017
Nov 14, 2017 04:25 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: National Australia banks business confidence index came at 8 in October and...
JGBs narrowly mixed in subdued trade; developments in U.S. Treasuries in focus
Nov 14, 2017 03:55 am UTC| Commentary Economy
Japanese government bonds traded narrowly mixed in quiet trading session as investors remained focused on the recent developments in the U.S. Treasury yields, although the big movements were limited as Nikkei 225 continued...
Australian bonds slump following weakness in U.S. Treasuries; two-year yields hit 9-year high
Nov 14, 2017 03:09 am UTC| Economy Commentary
Australian government bonds slumpedTuesdayfollowing weakness in the U.S. Treasuries after U.S. Treasury two-year note yields touched a fresh nine-year high as investors priced in an interest rate hike of 25 basis points by...