No change expected from the BoE until 2019, says Royal Bank of Canada
Nov 09, 2017 08:48 am UTC| Commentary Central Banks Economy
The Bank of England is not expected to deliver any change in its monetary policy decision until at least 2019. The central bank voted 7-2 to raise their policy rate in November, the first 25 basis points increase in a...
NZD/USD likely to fall to 0.65 by Q2 2019, says ANZ Research
Nov 09, 2017 07:47 am UTC| Commentary Economy
The NZD/USD currency pair is expected to fall to 0.65 level by the second-quarter of 2019 as unease regarding the economic policies of a new government has weighed heavily on NZD. Such unease will remain over the coming...
New Zealand bonds close mixed after RBNZ brings forward rate-hike forecast
Nov 09, 2017 06:38 am UTC| Commentary Economy
New Zealand government bonds closed mixed on Thursday after the Reserve Bank of New Zealand hinted that official cash rate (OCR) may need to rise somewhat sooner than already expected as it amended up inflation...
U.S. economy likely to expand 2.3 pct in 2019, says Barclays Research
Nov 09, 2017 05:27 am UTC| Commentary Economy
The United States is expected to expand 2.3 percent in 2019 after September data received this week were stronger than expected and suggest that the Q3 GDP growth could be revised higher, according to a recent report from...
FxWirePro: The Day Ahead- 9th November 2017
Nov 09, 2017 04:35 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: United Kingdom: RICS house price balance up 1 percent in October. Australia:...
10-year JGB yields hover around zero as BoJ strongly maintains ultra-easing policy stance
Nov 09, 2017 04:07 am UTC| Commentary Economy
The benchmark 10-year Japanese bonds yields hovered around zero percent as the Bank of Japan maintained its ultra-easing policy stance in its October meeting summary. The yield on the benchmark 10-year Treasury note,...
Australian bonds slump following weakness in U.S. Treasuries; RBA’s SoMP in focus
Nov 09, 2017 02:47 am UTC| Commentary Economy
Australian bonds slumpedThursdayfollowing weakness in the U.S. Treasuries as investors reduced their existing bond holdings to make room for this weeks government and corporate bond supply. The yield on the benchmark...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects