U.S. Treasuries suffer ahead of FOMC Chair Powell, member Kashkari’s speech

Oct 07, 2019 12:02 pm UTC| Commentary Economy

The U.S. Treasuries slumped during Mondays afternoon session ahead of a speech by Federal Open Market Committee (FOMC) Chair Jerome Powell, scheduled to be delivered at 17:00GMT, besides, a speech from another member, Neel...

UK gilts narrowly mixed in muted trading session ahead of August manufacturing production

Oct 07, 2019 11:08 am UTC| Commentary Economy

The United Kingdoms gilts remained narrowly mixed during European trading hours Monday amid a muted trading session that hardly witnessed any data of major economic significance ahead of the countrys monthly GDP and...

German bunds gain after August industry orders disappoint; industrial production eyed

Oct 07, 2019 10:24 am UTC| Commentary Economy

The German bunds gained during European trading session Monday following disappointment in the countrys industry orders for the month of August, while industrial production is still eyed for the similar period, due for...

Germany’s industry orders fall wider than market estimates; economic output unlikely to accelerate significantly

Oct 07, 2019 09:50 am UTC| Commentary Economy

Germanys industry orders fell by 0.6 percent during the month of August compared to that in July, which is more than expected. Leading indicators such as Ifo expectations also indicate that the downward trend in German...

Russian ruble unlikely to weaken; interest rate developments likely to be roughly RUB-neutral, says Commerzbank

Oct 07, 2019 09:07 am UTC| Commentary Economy

The Russian ruble is not expected to weaken despite a 25bp interest rate cut likely to be adopted by the Central Bank of Russia (CBR); however, interest rate developments in the country are likely to roughly RUB-neutral,...

MAS to slightly reduce slope of S$NEER policy band to around 0.5 pct at the upcoming semi-annual policy meeting, says Scotiabank

Oct 07, 2019 06:54 am UTC| Commentary Central Banks Economy

The Monetary Authority of Singapore (MAS) is expected to slightly reduce the slope of its S$NEER policy band to around 0.5 percent from the current 1.0 percent annual pace at the upcoming semi-annual policy meeting, given...

FxWirePro: Asian markets in green, gold stabilizes above $1,500 mark

Oct 07, 2019 04:53 am UTC| Commentary

All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,505 mark while silver was trading around $17.51 mark. Japans Nikkei was trading 0.20 pct lower at 21,366.55...