Jan 07, 2019 14:11 pm UTC| Commentary Central Banks
Since December, the focus of the market participants has increasingly turned towards the monetary policy path of the U.S. Federal Reserve and to its new chairman Jerome Powell. The bond market was even pricing a 30 percent...
FxWirePro: Market increasingly turning dovish on Fed rate hikes
Jan 07, 2019 14:03 pm UTC| Commentary Central Banks
The bond market is increasingly turning dovish on rate hikes from the U.S. Federal Reserve. In September last year, the bond market was pricing two rate hikes from the U.S. Federal Reserve in 2019, while the Fed had...
German construction sector activity sees strong growth in December, PMI index rises to 53.3
Jan 07, 2019 13:26 pm UTC| Commentary
Construction sector in German ended the year 2018 on a stronger footing, showed the years final PMI data, with an upturn in homebuilding driving the steepest rise in total industry activity for seven months. The headline...
German factory orders fall considerably in November on decline in orders from euro area
Jan 07, 2019 12:06 pm UTC| Commentary
German factory orders unexpectedly dropped considerably in November, owing to fall in orders from the euro area, although this was mainly a normalization of the solid orders from the aerospace industry in October, noted...
UK gilts climb ahead of 10-year auction, BoE Governor Carney’s speech
Jan 07, 2019 11:15 am UTC| Commentary Economy
The United Kingdoms gilts climbed during Mondays afternoon session, ahead of the countrys 10-year auction, scheduled to be held on January 8 by 10:45GMT and Bank of England (BoE) Governor Mark Carneys speech, due to be...
FxWirePro: Market to remain volatile as big event updates set to hit
Jan 07, 2019 09:49 am UTC| Commentary Central Banks
In last trading day of the last week, the U.S. benchmark stock index SP500 rose sharply by almost 3.3 percent and CBOE VIX, which is a measure of implied volatility and often referred to as the fear gauge has declined from...
Jan 07, 2019 09:45 am UTC| Commentary Economy
The German bunds remained tad higher during European session Monday amid a muted trading session that lacked data of major economic significance; also, the rise in the countrys retail sales for the month of November failed...