Canada jobless rate declines to 5-month low in November, labor market seems in sync with overall economy

Dec 05, 2016 05:51 am UTC| Commentary Economy

The jobless rate in Canada declined to a 5-month low in November, as part-time employment drove the workforce, against full-time employment which witnessed a fall. However, the data showed that the countrys labor market is...

New Zealand bonds close higher on Prime Minister John Key’s surprise resignation, Italy rejects constitutional reform

Dec 05, 2016 05:40 am UTC| Commentary

The New Zealand government bonds closed higher Monday after Prime Minister John Key unexpectedly announced his resignation after being eight years in power. Also, investors moved towards safe-haven buying after the...

Fundamental Evaluation Series

Matteo Renzi’s defeat poses fresh existential threat on Euro

Dec 05, 2016 05:29 am UTC| Commentary Economy

The Italian Prime Minister Matteo Renzi, who has been in office since February 2014 resigned over the weakenedwhen it became clear that the Italian people are overwhelmingly voted in favor of no in the referendum held over...

Fed Hike Aftermath Series

U.S. unemployment declines to near-decade low in November, adds certainty over Dec Fed rate hike

Dec 05, 2016 05:17 am UTC| Commentary Economy Central Banks

The unemployment rate in the United States dropped to near decade-low during the month of November, adding further certainty over the Federal Reserve December interest rate hike. Further, the countrys non-farm payrolls...

Australian bonds gain as market jitters over Italian referendum result; RBA policy decision in focus

Dec 05, 2016 04:56 am UTC| Commentary

The Australian government bonds gained Monday as investors moved to safe-haven buying after the Italians voted against a constitutional reform during Sundays referendum, resulting in the resignation of Prime Minister...

FxWirePro: The Day Ahead- 5th December, 2016

Dec 05, 2016 04:37 am UTC| Commentary Economy Central Banks

Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated. Data released so far: New Zealand: ANZ commodity prices rose by 2.7 percent in November....

Asian markets in red, gold stabilizes below $1,187 mark

Dec 05, 2016 04:18 am UTC| Commentary

All the major Asian indices were trading on a lower note on the start of a new week. On the other side, gold remains well supported below $1,187 mark and silver was trading around $16.66 mark. South Koreas Kospi was...