Australian bonds slump post the RBA’s policy decision; eyes on Governor Lowe’s speech
Sep 05, 2017 05:50 am UTC| Commentary Economy
The Australian bonds slumped Tuesday after the Reserve Bank of Australia (RBA) remained on hold at its monetary policy decision, revealed today, where it remained on hold, citing recovery in global economic growth....
RBA monetary policy: Assessing future bias
Sep 05, 2017 04:58 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the pickup in...
Asian markets mixed, gold stabilizes above $1,332 mark
Sep 05, 2017 04:51 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Tuesday. Gold was trading around $1,336 mark while silver was trading around $17.87 mark. Japans Nikkei was trading 0.60 pct lower at 19,391.50 points. Hong...
Global Geo-political Series: G7 shows unity on North Korean H-bomb test
Sep 05, 2017 04:40 am UTC| Commentary
G7 countries, Japan, United States, United Kingdom, Italy, Germany, France, and Canada voiced their unity on the issue of North Korea after the isolated country conducted its first Hydrogen bomb test on Sunday. Though the...
New Zealand bonds slump ahead of GDT price auction amid muted trading session
Sep 05, 2017 04:06 am UTC| Commentary Economy
The New Zealand bonds slumped Tuesday as investors wait to watch the countrys GlobalDairyTrade price auction, scheduled to be held later today amid a silent trading week that will witness little data of major economic...
FxWirePro: The Day Ahead- 5th September 2017
Sep 05, 2017 03:46 am UTC| Commentary Economy
Lots of data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Second quarter current account balance came at -9.6 billion. China: Caixin services...
Sep 05, 2017 03:03 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) will announce its monetary policy decisions today at 4:30 GMT. Economy at a glance The economy is growing at 1.7 percent y/y as of Q1 2017 compared to 4.3% in early 2012. The...