NZ consumer prices rise 0.7 pct in September quarter, inflation pressures continue to build

Oct 16, 2019 09:21 am UTC| Commentary Economy Central Banks

New Zealands consumer price inflation was a little higher than expected in the September quarter, rising 0.7 percent q/q. The annual inflation rate dropped from 1.7 percent to 1.5 percent, largely due to the variability in...

KRW likely to recoup more of year-to-date losses along with yuan appreciation in coming weeks, says Scotiabank

Oct 16, 2019 07:49 am UTC| Commentary Economy

The South Korea won is expected to recoup more of its year-to-date losses along with the yuan appreciation in the coming weeks, according to the latest research report from Scotiabank. The Bank of Korea lowered its...

FxWirePro: Asian markets continue to trade higher, gold trades flat at $1,484 mark

Oct 16, 2019 04:31 am UTC| Commentary

All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,484 mark while silver was trading around $17.40 mark. Japans Nikkei was trading 1.20 pct higher at 22,474.00...

Australian bonds suffer tracking U.S. Treasuries on hopes of successful Brexit deal; September labour report eyed

Oct 16, 2019 04:26 am UTC| Commentary Economy

The Australian government bonds suffered during Asian trading session Wednesday tracking a similar movement in the United States Treasuries after hopes arose of a successful Brexit deal soon amid a calmer trade talk...

Euro area headline inflation likely to have eased in September

Oct 15, 2019 15:43 pm UTC| Commentary

Euro areas consumer price inflation data for September is scheduled to release tomorrow. According to a DBS Bank research report, the headline inflation is likely to have remained benign, which together with base effects,...

Bank of Korea likely to cut benchmark repo rate by 25 bps in October

Oct 15, 2019 14:47 pm UTC| Commentary

The Bank of Korea is scheduled to meet tomorrow for interest rate decision. According to a DBS Bank research report, the South Korean central bank is likely to cut the benchmark repo rate by 25 basis points to 1.25...

Canadian headline inflation likely to have come in at 2 pct year-on-year in September

Oct 15, 2019 13:55 pm UTC| Commentary

Canadian inflation data for the month of September is set to release tomorrow. According to a TD Economics research report, the headline consumer price inflation is likely to have eased 0.3 percent sequentially. On a...