FxWirePro: Trump triggers risk aversion with tariffs on Mexico
May 31, 2019 07:29 am UTC| Commentary
As predicted, the Trump administration toughening its stance on the pending issues - both geopolitical and economic. In a previous post, we warned readers that the clouds of tariffs are going to hang over Mexico for...
May 31, 2019 06:55 am UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) is expected to use the current low rate of headline inflation as justification for a third consecutive rate cut at the conclusion of its policy meeting on Thursday, June 6, according to the...
May 31, 2019 06:22 am UTC| Commentary Economy
The Japanese government bonds closed higher on the last trading day of the week Friday, following dovish comments from Federal Open Market Committee (FOMC) member Richard Clarida in his overnight speech. Also, the...
FxWirePro: The Day Ahead- 31st May 2019
May 31, 2019 05:55 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: NBS manufacturing PMI declined to 49.4 in May suggesting a contraction in the...
FxWirePro: The Day Ahead- 31st May 2019
May 31, 2019 05:55 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: NBS manufacturing PMI declined to 49.4 in May suggesting a contraction in the...
Australian 10-year bond yield hits new low on hopes of RBA rate cut next week
May 31, 2019 04:13 am UTC| Commentary Economy
Australian government bonds gained sharply during Asian session on Friday on hopes that the Reserve Bank of Australia will cut interest rate on June 4. Market is pricing a 25 basis points rate, the probability attached to...
Yen appreciation likely to pose risks; USD/JPY to be at 104 by June-2020: Commerzbank
May 30, 2019 15:50 pm UTC| Commentary Economy
An appreciation in the Japanese yen is expected to pose risks, with the USD/JPY currency pair seen to reach 104 level by June 2020, according to the latest research report from Commerzbank. Concerns about a global...