BoK remains on track to hike by 25 bps as early as November 30, says Scotiabank
Oct 24, 2017 05:05 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to remain on track for a 25 basis points hike as early as November 30. The central bank maintained its policy rate at 1.25 percent last Thursday morning. However, it was not a unanimous...
Asian markets slightly up, gold flat at $1,282 mark
Oct 24, 2017 04:36 am UTC| Commentary
All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,282 mark while silver was trading around $17.10 mark. Japans Nikkei was trading 0.08 percent higher at 21,714.55...
FxWirePro: The Day Ahead- 24th October 2017
Oct 24, 2017 04:33 am UTC| Commentary Economy
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Japan: Flash Nikkei manufacturing PMI declines to 52.5 in...
Japanese bonds trade narrowly mixed in quiet session, inflation data in focus
Oct 24, 2017 03:34 am UTC| Commentary Economy
The Japanese government bonds traded narrowly mixedTuesdayas investors remained sidelined in any major deal in a silent trading session. However, the markets will remain focused on the upcoming September consumer inflation...
Oct 24, 2017 02:36 am UTC| Commentary Economy
Australian government bonds jumped Tuesday tracking a solid development in the U.S. counterpart after hawkish bets cropped up among market participants over the plausible appointment of next Federal Reserve Chair after...
USD/RUB likely to trade at 61 by end-2018, says Lloyds Bank
Oct 23, 2017 20:32 pm UTC| Commentary
In the past month, the USD/RUB currency pair had stabilized at about 58. Increased crude oil prices have not been able to exert downward pressure. There are several factors that should underpin USD/RUB. Firstly, foreign...
Mexican economic growth unlikely to have expanded strongly in Q3
Oct 23, 2017 20:00 pm UTC| Commentary
In the second quarter of this year, the Mexican economy had expanded just 1.8 percent on a year-on-year basis. The services sector was resilient; however, in the primary sector, growth had decelerated considerably in the...