JGBs close higher despite better-than-expected improvement in August trade balance; BoJ meeting eyed
Sep 18, 2019 06:37 am UTC| Commentary Economy
The Japanese government bonds gained during close of Asian trading session Wednesday despite a better-than-expected improvement in the countrys trade balance for the month of August, albeit still in deficit. Investors...
FxWirePro: Asian markets mixed, gold trades flat at $1,502 mark
Sep 18, 2019 05:20 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Wednesday. Gold was trading around $1,502 mark while silver was trading around $17.92 mark. Japans Nikkei was trading 0.13 pct lower at 21,973.55...
Sep 18, 2019 04:26 am UTC| Commentary Economy
The Australian government bonds remained mixed during Asian trading session Wednesday ahead of the countrys employment report for the month of August, scheduled to be released on September 19 amid ongoing geopolitical...
Canadian manufacturing sales fall more than expectations in July, likely to decelerate in Q3
Sep 17, 2019 14:05 pm UTC| Commentary
Canadas manufacturing sales dropped in the month of July. On a sequential basis, the manufacturing sales fell 1.3 percent, while the June data was downwardly revised to a drop of 1.4 percent. Consensus expectations were...
German ZEW indicator of economic sentiment rebounds in September, but outlook remains negative
Sep 17, 2019 13:43 pm UTC| Commentary
The German economic sentiment surged in September, making up for the considerable fall in August. The ZEW Indicator of Economic Sentiment rose 21.6 points to -22.5 points from the previous month. The indicator therefore...
U.S. industrial production unlikely to recover in months ahead
Sep 17, 2019 12:13 pm UTC| Commentary
U.S. industrial production data for the month of August is set to release later today. The effects of decelerating global growth and the ongoing trade war are clearly evident in the manufacturing sector. Total industrial...
U.S. Treasuries gain on hopes of Fed’s 25bp policy easing, August industrial production
Sep 17, 2019 11:56 am UTC| Commentary Economy
The U.S. Treasuries gained during Tuesdays afternoon session ahead of the Federal Reserves monetary policy meeting, scheduled to be held on September 18 by 18:00GMT, where it is widely expected to cut interest rates by...