RBNZ likely to keep OCR unchanged in November
Nov 03, 2017 13:06 pm UTC| Commentary
The Reserve Bank of New Zealand is set to meet next week for its monetary policy meeting. According to an ANZ research report, the central bank is expected to again keep its OCR unchanged at 1.75 percent. The RBNZ has kept...

Currency snapshot (major pairs)
Nov 03, 2017 13:04 pm UTC| Commentary
Dollar index trading at 94.61 (-0.12%) Strength meter (today so far) Euro -0.01%, Franc +0.02%, Yen +0.04%, GBP +0.30% Strength meter (since last week) Euro +0.43%, Franc -0.21%, Yen -0.32%, GBP -0.25% EUR/USD...
Oil in Global Economy Series: Libya loses 50,000 bpd production amid protest
Nov 03, 2017 12:44 pm UTC| Commentary
The latest survey conducted by Reuters showed that the oil production in the month of October increased by 70,000 barrels per day in Libya to 1 million barrels per day. However, that seems to be short-lived as production...

Fundamental Evaluation Series: USD/CNH vs. 2-year yield spread
Nov 03, 2017 12:07 pm UTC| Commentary
This chart shows the relation between U.S. - China 2-year yield spread and the Dollar/Chinese yuan exchange rate since 2013. It is visible even with naked eyes that the two has enjoyed a very close relationship. It can...

Nov 03, 2017 11:12 am UTC| Commentary Economy
Today October NFP report is to be published at 12:30 GMT from the US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labour condition in the US released by US department of labour...

U.S. under Trump Series: Trump effect evident in Jobs market
Nov 03, 2017 11:01 am UTC| Commentary Economy
Today, U.S. Labor Department will release much anticipated non-farm payroll report. On Wednesday, ADP employment report was released and it was a blockbuster report. The report indicated that the Trump effect is quite...

Fundamental Evaluation Series: AUD/USD vs. 2-year yield spread
Nov 03, 2017 08:10 am UTC| Commentary
The chart above shows, how the relationship between AUD/USD and 2-year yield divergence has unfolded since 2012. It can be seen even with a naked eye, that the pair and the yield spread between 2-year treasury and...