FxWirePro: Future of Eurozone in 2019 looks bleak as ‘Gilet Jaune’ protest rages on in France
Jan 07, 2019 09:10 am UTC| Commentary
Gilet Jaune or the Yellow Vest protest in France has entered its eighth week and after a slowdown over the last two weeks during Christmas, the protest has returned with its full might, which over the past weeks saw...
Norges Bank likely to hike slight deposit rate in 2019, two further hikes in 2020-21: Danske Bank
Jan 07, 2019 08:38 am UTC| Commentary Central Banks Economy
The Norges Bank is expected to hike the sight deposit rate according to plan, i.e. at the meetings on March 21 and September 19 and continue signalling two further hikes per year in 2020-21, according to the latest...
JGBs mixed ahead of 10-year auction, November household spending data
Jan 07, 2019 06:35 am UTC| Commentary Economy
The Japanese government bonds remained mixed on the first trading day of the week Monday ahead of the countrys 10-year auction and November household spending data, scheduled to be released on January 8 and 10 by 03:35GMT...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Jan 07, 2019 05:38 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 7th...
FxWirePro: The Day Ahead- 7th January 2019
Jan 07, 2019 04:53 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Markit services PMI declined to 51 in December. Upcoming: Germany:...
Australian bonds sag on growing optimism for US-China trade deal; 10-year yield jumps over 6bps
Jan 07, 2019 04:30 am UTC| Commentary Economy
Australian government bonds slumped across the curve during early Asian session Monday as investors remained optimistic about progress in the US-China trade talks. The yield on Australias benchmark 10-year note, which...
API reports surprise draw while market awaits EIA report
Jan 04, 2019 14:22 pm UTC| Commentary
Both Brent and WTI are struggling to gain grounds as price remains below post-agreement level. Higher supplies amid growing growth concern in Europe and China are pushing prices down. WTI is currently trading at $48.2 per...