Australian wage growth likely to have accelerated slightly in Q1 2019
May 08, 2019 14:13 pm UTC| Commentary
The Australian wage data for the first quarter 2019 is set to release tomorrow. According to an ANZ research report, wages are likely to have risen 0.6 percent quarter-on-quarter, following a 0.5 percent rise recorded in...
German industrial production rises unexpectedly in March
May 08, 2019 13:14 pm UTC| Commentary
German industrial production rose unexpectedly in March. Sequentially, industrial production grew 0.5 percent, as compared with prior months rise of 0.4 percent and consensus expectations of a fall of 0.5 percent. Part of...
Bank of Thailand stands pat, likely to stay on hold throughout 2019
May 08, 2019 12:04 pm UTC| Commentary Central Banks
The Bank of Thailand kept the policy rate on hold at 1.75 percent today, as expected, in a unanimous decision. Since the 25 basis point hike last December, this is the third straight meeting where the policy rate is kept...
API reports surprise build while market awaits EIA report
May 08, 2019 11:39 am UTC| Commentary
Oil benchmarks are moving higher with pace as supply/demand fundamentals are catching up amid geopolitical uncertainties surrounding Venezuela, Libya, and Iran. Key factors at play in the crude oil market OPEC...

Fundamental Evaluation Series: EUR/USD vs. 2-year yield spread
May 08, 2019 11:34 am UTC| Commentary
The chart above shows, how the relationship between EUR/USD and 2-year yield spread (U.S. - Eurozone) has unfolded since 2012. It is evident that these short rates have been a key influencing factor for the pair as policy...

Fundamental Evaluation Series: 2-year yield spread vs. GBP/USD
May 08, 2019 11:28 am UTC| Commentary
The chart above shows, how the relationship between GBP/USD and 2-year yield divergence has unfolded since 2012. The chart clearly shows the close relationship between the yield spread and the exchange rate. Since...
UK gilts surge ahead of 5-year auction, Q1’19 GDP data
May 08, 2019 10:52 am UTC| Commentary Economy
The United Kingdoms gilts surged during European session Wednesday ahead of the countrys medium-term 5-year auction and gross domestic product (GDP) for the first quarter of this year, scheduled for May 9 and 10 by...