FxWirePro: The Day Ahead- 31st July 2017
Jul 31, 2017 05:20 am UTC| Commentary
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: New home sales are down 6.9 percent in May.TD Securities inflation is up 0.1...
JGBs flat after industrial production rebounds; investors await 10-year auction
Jul 31, 2017 04:11 am UTC| Commentary Economy
The Japanese bonds remained flat at the start of the trading week Monday after the countrys industrial production, release later yesterday, rebounded during the month of June. Also, investors are waiting to watch the...
Australian bonds rise as investors remain cautious ahead of RBA’s policy meeting
Jul 31, 2017 03:48 am UTC| Commentary Economy
The Australian bonds gained Monday as investors remained cautious ahead of the Reserve Bank of Australia monetary policy meeting scheduled to be held on Tuesday at 04:30 GMT. Also, safe-haven assets demand rose following...
Euro area economy likely to have performed strongly again in June quarter
Jul 28, 2017 23:08 pm UTC| Commentary
The euro area economic growth is likely to have performed strongly in the second quarter. In the March quarter, the real GDP had expanded 0.6 percent, the most robust sequential pace seen in two years. Furthermore, the...
Mexican economic growth likely to have slowed in Q2 2017
Jul 28, 2017 23:06 pm UTC| Commentary
The Mexican economy has been expanding at an uninspired pace in the past few years. In recent quarters, primary sector and the tertiary sector have been mainly driving the real GDP growth. On the contrary, growth in the...
Jul 28, 2017 23:05 pm UTC| Commentary
U.S. personal income growth is likely to have slowed down marginally in June. In the months of April and May, personal income growth had accelerated to 0.3 percent and 0.4 percent, respectively. The continued rate of job...
U.S. ISM manufacturing index likely to have dropped in July
Jul 28, 2017 23:04 pm UTC| Commentary
The U.S. ISM manufacturing survey index is likely to have dropped in July. According to a Wells Fargo research report, the index is expected to have fallen to 56.1. In June, the ISM survey index had jumped 2.9 points to...