BoJ likely to be watchful on global FX moves amid pressure of triple dilemma, says ANZ Research

Aug 01, 2019 07:20 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is expected to be watchful of global FX moves as it faces a triple dilemma: inflation is still far from its goal; other major central banks are easing; and its current framework is counterproductive...

FxWirePro: Asian markets slightly down, gold slips below $1,410 mark

Aug 01, 2019 05:21 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,409 mark while silver was trading around $16.14 mark. Japans Nikkei was trading 0.07 pct lower at 21,506.55...

Australian 10-year bond yield hovers near record low after Fed cuts first time in a decade

Aug 01, 2019 05:19 am UTC| Commentary Economy

Australian 10-year government bond yield hovered near record-low during Thursdays Asian session after the Federal Reserve cut its benchmark interest rate by 25 basis points for the first time in a decade, also signalling...

U.S. Treasuries gain ahead of July ADP non-farm employment, FOMC’s monetary policy meeting

Jul 31, 2019 12:07 pm UTC| Commentary Economy

The U.S. Treasuries gained during Wednesdays afternoon session, ahead of the Federal Reserves monetary policy meeting, scheduled to be concluded today by 23:30GMT, and the countrys ADP non-farm employment change for the...

UK gilts remain mixed ahead of BoE’s monetary policy meeting, Governor Carney’s speech

Jul 31, 2019 11:12 am UTC| Commentary Economy

The United Kingdoms gilts remained mixed during European trading hours Wednesday ahead of the Bank of Englands (BoE) monetary policy meeting, scheduled to be held on August 1 by 11:00GMT and Governor Mark Carneys speech,...

German bunds rise on disappointment in Eurozone July CPI; better-than-expected jobless change limits further gains

Jul 31, 2019 10:33 am UTC| Commentary Economy

The German bunds rose higher during European session Wednesday following disappointment in Eurozones consumer price inflation (CPI) for the month of July, while a better-than-expected reading in the countrys jobless change...

NZ unemployment rate likely to rise to 4.4 pct in Q2, should set stage for RBNZ rate cut: ANZ Research

Jul 31, 2019 08:17 am UTC| Commentary Economy

New Zealands unemployment rate rose to 4.4 percent in Q2, as weakness in the economy filtered through to the labour market. Survey indicators and job ads suggest employment growth was weak in Q2, consistent with subdued...