FxWirePro: The Day Ahead- 26th October 2017
Oct 26, 2017 04:21 am UTC| Commentary Economy
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Terms of trade improves in the third quarter as import price declines by 1.6...
JGBs flat as investors await September national consumer price inflation
Oct 26, 2017 03:59 am UTC| Commentary Economy
The Japanese government bonds remained flat during early Asian session Thursday as investors remain focused to watch the countrys national consumer price-led inflation index for the month of September, scheduled to be...
Australian bonds slump after U.S. 10-Treasury yield hit 7-month high on hopes of hawkish Fed pick
Oct 26, 2017 02:44 am UTC| Commentary Economy
Australian government bonds slumped Thursday after U.S. Treasury yield hit 7-month high of 2.475 percent. Bond prices are tracking a solid development in the U.S. counterpart after hawkish bets cropped up among market...
USD/BRL likely to trade around 3.35 by end-2018 – Lloyds Bank
Oct 25, 2017 20:31 pm UTC| Commentary
Over the past month, the USD/BRL pair has moved higher, driven by lower iron ore prices and increased political uncertainty in Brazil, noted Lloyds Bank in a research report. The pair is closer to the top end of its 3.08...
U.S. new home sales rise sharply in September
Oct 25, 2017 20:04 pm UTC| Commentary
The U.S. new home sales surged in September unexpectedly. The new home sales rose 18.9 percent sequentially to 667,000, coming in well above expectations. Also, modest revisions to the upside were made to previous months...
Bank of Canada maintains key interest rate at 1 pct
Oct 25, 2017 19:36 pm UTC| Commentary Central Banks
The Bank of Canada kept its main monetary policy interest rate on hold at 1 percent today, as was widely anticipated. The central bank released its Monetary Policy Report in which the growth outlook was slightly upgraded....
EUR/NOK pair likely to remain around current levels, to ease in 2018 – Lloyds Bank
Oct 25, 2017 18:53 pm UTC| Commentary
The EUR/NOK pair has traded in a well-defined range between 9.20 and 9.45 in recent months. The Norwegian central bank commented during its September policy meeting that it sees little change from its projections in...