Digital Currency Revolution Series: China Getting Assertive on Cryptocurrency and Blockchain Corridor

Oct 30, 2019 06:59 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

It is worth noting that the worlds biggest economy appears to be assertive on blockchain and cryptocurrency gamut. Yes, we meant Chinese approach to blockchain adoption. Following President Xi Jinpings remarks on the...

JGBs surge at close as investors await September industrial production, BoJ’s policy meeting

Oct 30, 2019 06:52 am UTC| Commentary Economy

The Japanese government bonds surged at close Wednesday as investors await the countrys industrial production data for the month of September, scheduled to be released today by 23:50GMT and the Bank of Japans (BoJ)...

Euro area economic growth likely decelerated marginally in Q3 2019

Oct 30, 2019 06:31 am UTC| Commentary

Euro areas economic growth data for the third quarter is set to release tomorrow. According to a DBS Bank research report, the economic growth is likely to have decelerated slightly to 1.1 percent year-on-year, owing to...

Australian annual headline inflation accelerates marginally in Q3 2019, RBA unlikely to cut rate next week

Oct 30, 2019 05:15 am UTC| Commentary

Australias headline inflation decelerated slightly on a quarter-on-quarter basis in the third quarter from the prior quarter. Meanwhile, on a year-on-year basis, the consumer price inflation accelerated a bit to 1.7...

Australian bonds jump after Q3 CPI rises lower than prior reading; Q3 PPI eyed

Oct 30, 2019 04:39 am UTC| Commentary Economy

The Australian government bonds jumped during Asian session Wednesday after the countrys consumer price inflation (CPI) for the third quarter of this year rose lower than prior reading in Q2, however, meeting market...

Bank of Canada likely to stand pat in October

Oct 29, 2019 13:41 pm UTC| Commentary

The Bank of Canada is set to meet tomorrow for its interest rate decision. According to a TD Economics research report, the Canadian central bank is widely anticipated to keep its key interest rate on hold at 1.75 percent....

U.S. Treasuries gain on hopes of further 25bp rate cut by Fed

Oct 29, 2019 13:16 pm UTC| Commentary Economy

The U.S. Treasuries gained during Tuesdays afternoon session on hopes of a further 25bp interest rate cut by the Federal Reserve at its monetary policy meeting on Wednesday amid an otherwise silent trading day that barely...