Australian 10-year bond yield dips to 2-1/2 year low as global central banks adopt dovish stance; focus on Brexit uncertainty

Mar 22, 2019 05:06 am UTC| Commentary Economy

Australian government bonds gained during Asian trading session Friday as investors moved towards safe-haven assets amid end of monetary-policy normalization by major global central banks. Market attention was largely...

FxWirePro: Asian markets mixed, gold flat at $1,308 mark

Mar 22, 2019 04:47 am UTC| Commentary

All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,308 mark while silver was trading around $15.45 mark. Tokyos Nikkei was trading 0.15 pct lower at 21,577.85...

Fed’s monetary policy decision likely to weigh on DXY Index amid global reflation policies

Mar 22, 2019 03:27 am UTC| Commentary Economy Central Banks

The Federal Reserves monetary policy decision is expected to weigh on the DXY Index and prop up EM Asian currencies amid global reflation policies, particularly if the US and China agree to a trade deal in April, according...

Canada’s retail sales likely to have rebounded in January on solid motor vehicle sales

Mar 21, 2019 19:34 pm UTC| Commentary

Canadian retail sales data for the month of January is set to release tomorrow. According to a TD Economics research report, the retail sales are likely to have rebounded by rising 0.4 percent, driven by strong motor...

Canadian headline inflation likely to have accelerated in February

Mar 21, 2019 18:45 pm UTC| Commentary

Canadian headline inflation data for the month of February is set to release tomorrow. According to a TD Economics research report, the consumer price inflation is likely to have come in at 1.5 percent, reflecting a 0.7...

U.S. initial jobless claims fall in mid-March, payrolls likely recovered in March

Mar 21, 2019 17:48 pm UTC| Commentary

U.S. weekly initial jobless claims edge lower. In the week ended 16 March, the jobless claims dropped from 230k to 221k, and the four-week moving average continued to move sideways, at 225k. The claims data indicate...

Bank of England keeps Bank Rate and stock of bond purchases unchanged

Mar 21, 2019 17:45 pm UTC| Commentary Central Banks

The Bank of England kept the Bank Rate and the stock of bond purchases unchanged today. The decision was unanimous. According to BoE, data have been mixed since the prior meeting; however, they have been consistent with...