Oil in Global Economy Series: Saudi Aramco might get listed in Tadawul
Oct 26, 2017 09:01 am UTC| Commentary
Initial Public Offering (IPO) of Saudi Arabias state-owned oil giant Saudi Aramco, which reportedly hit regulatory hurdles overseas, may finally get listed exclusively on Saudi Arabias stock exchange, popularly known as...
German bunds gain ahead of ECB’s monetary policy decision
Oct 26, 2017 08:49 am UTC| Commentary Economy
The German bunds traded range-bound Thursday as markets maintained caution ahead of the European Central Banks (ECB) monetary policy decision, to be unveiled today by 11:45GMT. The ECB is unlikely to make any alterations...
Global Geo-political Series: Watch out for Catalonia’s parliamentary session today
Oct 26, 2017 07:07 am UTC| Commentary
Catalonias regional parliament will convene today under the leadership of Carles Puigdemont to decide on the future course of action as it became clear that the Spanish leadership in Madrid led by Prime Minister Mariano...
Yuan likely to trade in range between 6.50-6.70 with strengthening bias, says Scotiabank
Oct 26, 2017 06:36 am UTC| Commentary Economy
The Chinese yuan is expected to trade range-bound between 6.50 and 6.70 with a strengthening bias prior to US President Donald Trumps visit to China set for November 8-10. The yuans implied volatility has been rising along...
Global Geo-political Series: North Korea warns of hydrogen bomb test in Pacific
Oct 26, 2017 06:25 am UTC| Commentary
Take us seriously, when we threaten. That is the message coming from Pyongyang. Speaking to the United Nations general assembly last month in New York, were President Trump was the speaker for the first time, foreign...
New Zealand bonds close higher after trade deficit widens in September
Oct 26, 2017 05:57 am UTC| Commentary Economy
The New Zealand bonds closed higher Thursday after the countrys trade deficit for the month of September widened as compared to that in August, thus wooing investors away from riskier assets. At the time of closing, the...
FxWirePro: Asian markets mixed, gold back above $1,280 mark
Oct 26, 2017 05:49 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Thursday. Gold was trading around $1,282 mark while silver was trading around $17.00 mark. Japans Nikkei was trading 0.18 percent higher at 21,753.25...