German Ifo business climate index falls in August, economic growth likely to contract again in Q3
Aug 26, 2019 12:40 pm UTC| Commentary
The German Ifo business climate index dropped in August. The index fell to 94.3 from 95.8, as consensus expectations of 95.1. The assessment of the current business situation has eased greatly to 97.3 from 99.6; however,...
U.S. Treasuries remain slightly higher amid muted trading ahead of Q2 GDP
Aug 26, 2019 12:32 pm UTC| Commentary Economy
The U.S. Treasuries remained slightly higher during Mondays afternoon session amid a muted trading day that witnessed data of little economic significance. However, this weeks few auctions and gross domestic product (GDP)...
German bunds remain narrowly mixed ahead of Q2 GDP, 10-year auction
Aug 26, 2019 11:14 am UTC| Commentary Economy
The German bunds remained narrowly mixed during European trading session Monday ahead of the countrys gross domestic product (GDP) for the second quarter of this year, scheduled to be released on August 27 by 06:00GMT and...

NZ exports slightly ease in July, to remain curtained in August by low seasonal production
Aug 26, 2019 10:21 am UTC| Commentary Economy
New Zealands exports eased slightly in July but it was the large lift in imports that dragged the trade balance down to a deficit of $685 million. Deficits are normal during the winter months as agricultural export volumes...
Aug 26, 2019 10:01 am UTC| Commentary Economy
The EM Asian currencies particularly the high-yielding INR, IDR and PHP are expected tp recoup their recent losses and rally amid accommodative external liquidity. In the meanwhile, regional currencies will remain...
Australian bond yields plummet tracking U.S. counterpart on fears of global economic recession
Aug 26, 2019 05:25 am UTC| Commentary Economy
The Australian government bond yields plummeted during Asian session of the first trading day of the week Monday as fears of a global economic recession continued to cloud investors risk appetite. Also, Fed Chair Jerome...
FxWirePro: Asian markets drastically down, gold up
Aug 26, 2019 04:33 am UTC| Commentary
All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,541 mark while silver was trading around $17.61 mark. Japans Nikkei was trading 2.05 pct lower at 20,286.50...