Nov 07, 2017 06:45 am UTC| Commentary Economy
The world economy is expected to expand by 3.6 percent by end of this year and next, courtesy of upgrades to China and Europe. Stronger global merchandise trade volumes have been a boon to both advanced and emerging...
New Zealand bonds end lower ahead of GDT price auction, RBNZ monetary policy meeting
Nov 07, 2017 06:10 am UTC| Commentary Economy
The New Zealand bonds ended the session lower Tuesday as investors wait to watch the GlobalDairyTrade (GDT) price auction, scheduled to be held on November 7. Of utmost importance is the Reserve Bank of New Zealands (RBNZ)...
RBA monetary policy: Assessing future bias
Nov 07, 2017 05:05 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the pickup in...
FxWirePro: Asian markets surprisingly up, gold flat at $1,280 mark
Nov 07, 2017 04:49 am UTC| Commentary
All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,278 mark while silver was trading around $17.10 mark. Australias SP/ASX 200 was trading 0.95 pct higher at 6,010.40...
FxWirePro: The Day Ahead- 7th November 2017
Nov 07, 2017 04:30 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Japan: Labor cash earnings up 0.9 percent y/y in September. United Kingdom:...

USD likely to strengthen more by end 2017, says BofAML
Nov 07, 2017 04:07 am UTC| Commentary Economy
The US dollar is expected to strengthen more by the end of this year, according to a recent report from Bank of America Merill Lynch (BofAML). While EURUSD was testing levels above 1.20, a drop to 1.15 is projected by the...
Nov 07, 2017 03:24 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) will announce its monetary policy decisions today at 3:30 GMT. Economy at a glance The economy is growing at 1.8 percent y/y as of Q2 2017 compared to 4.3 percent in early...