FxWirePro: Positive updates from Sino-American trade negotiations boost risky assets
Mar 04, 2019 05:33 am UTC| Commentary Economy
Positive news in Sino-American trade negotiations are boosting the risky assets at the start of the week, Comments from China, earlier in the day, strongly suggests that positive breakthroughs are being made at the...
FxWirePro: S&P 500 earnings update
Mar 04, 2019 05:01 am UTC| Commentary
So far, 96 percent of the companies in the SP 500 have reported their Q4 earnings. Lets take a look at the key takeaways, Earnings: So far, 69 percent of the companies that reported actual results, reported better...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Mar 04, 2019 04:34 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 4th...
Mar 04, 2019 04:29 am UTC| Commentary Economy
Australian government bonds plunged during Asian trading session Monday tracking a similar movement in the United States counterpart as investors still remain hopeful over a trade agreement between the latter and China...
FxWirePro: The Day Ahead- 4th March 2019
Mar 04, 2019 04:17 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and all with medium volatility risks associated. Upcoming: Australia: TD securities inflation up 0.1 percent in February. Building permits rose 28.6 percent...
FxWirePro: Asian markets remarkably up, gold slips below $1,300 mark
Mar 04, 2019 04:14 am UTC| Commentary
All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,296 mark while silver was trading around $15.24 mark. Tokyos Nikkei was trading 1.12 pct higher at 21,838.85...
Canadian economy grows weaker than expected in Q4 2018
Mar 01, 2019 19:33 pm UTC| Commentary
The Canadian economic growth came in weaker than anticipated in the fourth quarter of 2018. The GDP grew just 0.4 percent quarter-on-quarter in the December quarter, as compared with market expectations of a growth of 1...