USD/INR likely to consolidate between 65-66 range in near-term, says Commerzbank
Oct 17, 2017 05:12 am UTC| Commentary Economy
The USDINR currency pair is expected to consolidate between a range of 65-66 over the near-term, according to reports from Commerzbank. There was some good news for the Modi government after the latest inflation figures...
FxWirePro: The Day Ahead- 17th October 2017
Oct 17, 2017 05:02 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: New motor vehicle sales declined 0.5 percent in September, down 0.8 percent...
Asian markets mixed, gold stabilizes below 1,300 mark
Oct 17, 2017 05:00 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Tuesday. Gold was trading around $1,292 mark while silver was trading around $17.18 mark. Japans Nikkei was trading 0.33 percent higher at 21,325.55...
JGBs flat trend lower in muted session ahead of September trade balance data
Oct 17, 2017 03:59 am UTC| Commentary Economy
The Japanese government bonds trended lower Tuesday as investors remained sidelined in any major trading activity ahead of the countrys trade balance data for the month of September, scheduled to be released on October 18...
Oct 17, 2017 02:53 am UTC| Commentary Economy
The Australian bonds slumped with U.S. Treasuries Tuesday as market speculation rise on new hawkish Federal Reserve chairperson. However, the October Reserve Bank of Australia (RBA) meeting minutes failed to steer...
Canada’s retails likely to have increased in August on motor vehicle spending
Oct 16, 2017 17:26 pm UTC| Commentary
Canadas retail sales are expected to have risen in August driven by motor vehicle spending. According to a TD Economics research report, the retail sales are likely to have increased 0.5 percent sequentially. Excluding...
U.S. housing starts likely to have fallen again in September, construction to stay weak
Oct 16, 2017 16:14 pm UTC| Commentary
Housing starts in the U.S. had dropped in the month of August amid additional softness in the multi-family segment. However, single family starts had continued with their upward trend and have risen almost 9 percent...