FxWirePro: The Day Ahead- 6th March 2019
Mar 06, 2019 04:50 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and all with medium volatility risks associated. Upcoming: Australia: Q4 GDP grew 0.2 percent q/q, up 2.3 percent y/y from a year ago....
Mar 06, 2019 04:11 am UTC| Commentary Economy
Australian government bond yields hit a one-week low during Asian trading session Wednesday after the countrys gross domestic product (GDP) for the fourth quarter of this year missed market expectations, also falling from...
FxWirePro: Asian markets mixed, gold flat at $1,286 mark
Mar 06, 2019 04:09 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Wednesday. Gold was trading around $1,286 mark while silver was trading around $15.07 mark. Tokyos Nikkei was trading 0.78 pct lower at 21,556.85...
Bank of Canada likely to keep interest rates on hold in March
Mar 05, 2019 20:09 pm UTC| Commentary
The Bank of Canada is set to meet tomorrow for its interest rate decision. According to a TD Economics, the Canadian central bank is likely to keep its interest rates on hold, leaving the focus on the forward looking...
Mar 05, 2019 19:45 pm UTC| Commentary
Canadas international trade data for the month of December is set to release tomorrow. According to a TD Economics data, further softness in nominal energy exports and a modest recovery in import activity might have led to...
U.S. ISM non-manufacturing index rises in February
Mar 05, 2019 19:23 pm UTC| Commentary
The U.S. Institute for Supply Managements non-manufacturing index rose in the month of February. The ISM non-manufacturing index rose 3 points to 59.7, coming in above consensus expectations of a rise to 57.4. Out of...
U.S. new home sales rise sequentially in December
Mar 05, 2019 18:48 pm UTC| Commentary
New home sales in the U.S. rose sequentially in December. The sales were up 3.7 percent, rising to 621k, from a downwardly revised Novembers print of 599k. The miss compared to expectation was due to the significant...