JGBs jump at close following Fed’s 25bp rate cut, delivers hawkish tone
Sep 19, 2019 06:34 am UTC| Commentary Economy
The Japanese government bonds jumped at close of Asian trading session Thursday following a 25bp rate cut by the Federal Reserve at its overnight monetary policy meeting, where it maintained a hawkish tone, with promise to...
FxWirePro: Asian markets mixed, gold stabilizes below $1,500 mark
Sep 19, 2019 05:09 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Thursday. Gold was trading around $1,495 mark while silver was trading around $17.67 mark. Japans Nikkei was trading 0.48 pct higher at 22,060.55...
Australian 10-year bond yield slumps to over 1-week low after Fed cuts rates by 25bps
Sep 19, 2019 04:26 am UTC| Commentary Economy
The Australian 10-year government bond yield slumped to over 1-week low after the Federal Reserve cut the federal funds rate by 25 basis points to 1.75-2.00 percent at its monetary policy meeting in the overnight...
Canadian retail sales likely to have rebounded in July
Sep 18, 2019 18:55 pm UTC| Commentary
Canadas retail sales data for the month of July is set to release this week. According to a TD Economics research report, retail sales are likely to have rebounded by rising 0.9 percent sequentially. Motor vehicles are...
U.S. Fed cuts interest rate by 25 basis points to 2 pct
Sep 18, 2019 18:42 pm UTC| Commentary Central Banks
The U.S. Fed cut interest rate by 25 basis points to 2 percent today, as was widely anticipated. The description of the economy was little changed, noted DNB Markets in a research report. The U.S. economic activity is...
Bank Indonesia likely to cut key interest rate by 25 bps in September
Sep 18, 2019 18:07 pm UTC| Commentary
Bank Indonesia is set to meet tomorrow for its interest rate decision. According to a DBS Bank research report, the Indonesian central bank is expected to cut its key interest rate by 25 basis points. The central bank...
U.S. housing starts rebound in August
Sep 18, 2019 16:32 pm UTC| Commentary
Housing starts in the U.S. recovered in August. Starts rose 12.3 percent, following three consecutive months of falls. Markets had expected a smaller rise of 5 percent. Housing starts came in at 1.36 million units in the...