JGBs remain flat after October national CPI meet market expectations ahead of Thanksgiving Day
Nov 22, 2018 06:38 am UTC| Commentary Economy
The Japanese government bonds remained flat on Thursday after the countrys national consumer price inflation (CPI) data for the month of October met market expectations, unchanged from the prior reading in September as...
Nov 22, 2018 05:26 am UTC| Commentary Economy
The Chinese yuan is facing continued depreciation pressure amid countrys economic slowdown, but is expected to range trade prior to the Summit and to rally moderately before long as the worlds two largest economies will...
FxWirePro: Asian markets mixed, gold flat at $1,225 mark
Nov 22, 2018 04:46 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Thursday. Gold was trading around $1,226 mark while silver was trading around $14.46 mark. Japans Nikkei was trading 0.50 pct higher at 21,617.50...
Australian bonds gain on fear of slower pace of Fed tightening next year
Nov 22, 2018 04:34 am UTC| Commentary Economy
Australian government bonds gained across the curve during Asian session on Thursday on news reports that the Fed could pause its rate tightening cycle next year. But the yields on the U.S. Treasuries were relatively...
USD/CAD pair likely to fall in 2019 to 1.21
Nov 21, 2018 19:51 pm UTC| Commentary
In recent months, the Canadian dollar has surprisingly failed to markedly strengthen against the U.S. dollars. Despite the easing of trade-related uncertainties and solid Canadian data, USD/CAD pair fell below 1.28, noted...
U.S. initial jobless claims rise slightly in mid-November
Nov 21, 2018 19:29 pm UTC| Commentary
U.S. initial jobless claims rose slightly last week. For the week ended 16 November, the initial jobless claims rose to 224k from 221k. The consensus expectations were for the jobless claims to have come in at 215k. The...
U.S. durable goods orders drops in October
Nov 21, 2018 19:03 pm UTC| Commentary
U.S. durable goods orders in October moderated further, accompanied by downward revisions to September estimates. The headline figure dropped 4.4 percent sequentially in October, as compared with consensus expectations of...