JGBs gain after BoJ keeps asset purchases unchanged, Fed hints at dovish outlook
Dec 20, 2018 06:11 am UTC| Commentary Economy
The Japanese government bonds continued to trade mixed on Thursday after the Bank of Japan (BoJ) kept its asset purchase programme unchanged at its monetary policy meeting concluded early today, while the Federal Reserve...
FxWirePro: The Day Ahead- 20th December 2018
Dec 20, 2018 05:11 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: November unemployment rate rose by 0.1 percent to 5.1 percent, as the economy...
Dec 20, 2018 04:16 am UTC| Commentary Economy
Australia 10-year bond yield hits an 18-month low on Thursday as investors moved to safe-haven buying following surprise rise in November jobless rate. Along with that, U.S. Treasury yields dipped over 8-month low after...
U.S. Fed hikes federal funds rate to 2.5 pct, likely to hike twice in 2019
Dec 19, 2018 20:20 pm UTC| Commentary Central Banks
As was anticipated widely, the U.S. Federal Open Market Committee decided to hike the target rate for the federal funds rate by 0.25 percentage points to 2.5 percent. This is the ninth quarter-point rise since the end of...
U.K. housing price growth eases October, housing market sentiment unlikely to improve in near-term
Dec 19, 2018 19:07 pm UTC| Commentary
The U.K. house price growth moderates further. The official U.K. house price data released today affirmed that the housing sectors momentum continued to ease in October. The headline rate of price growth dropped from a...
U.S. existing home sales rise for second straight month in November
Dec 19, 2018 18:10 pm UTC| Commentary
U.S. existing home sales rose for the second consecutive month. Sales were up 1.9 percent to 5.32 million units in November. The rebound in sales defied the median consensus forecast for a 0.4 percent pullback. Component...
Canadian headline inflation eases in November
Dec 19, 2018 17:03 pm UTC| Commentary
Canadas headline consumer price inflation eased in November. The headline rate decelerated to 1.7 percent year-on-year from Octobers 2.4 percent. This is slightly below the consensus expectations of 1.8 percent. Adjusted...