JGBs close lower after better-than-expected U.S. NFP narrows chances of aggressive rate cuts
Jul 08, 2019 06:21 am UTC| Commentary Economy
The Japanese government bonds closed lower on the first trading day of the week Monday following a better-than-expected rise in the United States non-farm payrolls data for the month of June led to hopes of a lesser...
Australian bonds plunge tracking U.S. Treasuries; 10-year yield jumps 4bps
Jul 08, 2019 05:12 am UTC| Commentary Economy
Australian government bonds plunged during early Asian trading session on Monday tracking sell-off in the U.S. Treasuries. The U.S. Treasury yields rose on Friday on better-than-expected U.S. payroll numbers in June,...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Jul 08, 2019 05:03 am UTC| Commentary Central Banks
FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 8th...
FxWirePro: Asian markets drastically down, gold hovers around $1,400 mark
Jul 08, 2019 04:53 am UTC| Commentary
All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,399 mark while silver was trading around $15.01 mark. Japans Nikkei was trading 1.02 pct lower at 21,524.49...
FxWirePro: The Day Ahead- 8th July 2019
Jul 08, 2019 03:54 am UTC| Commentary
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Upcoming: Japan: Eco Watchers survey report to be released at 5:00 GMT. Germany: Industrial...
Canadian employment remains almost unchanged in June, jobless rate rises slightly to 5.5 pct
Jul 05, 2019 17:20 pm UTC| Commentary
Canadian employment remained widely the same in June. On net, employment dropped by 2.2k. With a stable participation rate and few new jobs created, labor force growth helped to push the jobless rate up one-tenth of a...
U.S. non-farm payrolls rise above expectations in June, jobless rate rises marginally to 3.7 pct
Jul 05, 2019 14:31 pm UTC| Commentary
U.S. non-farm payrolls rose above expectations in June. Employment rose by 224k, as compared with the expectations of a rise of 160k. Private-sector hiring grew 191k, while government payrolls expanded...