May 04, 2017 05:20 am UTC| Commentary Economy
The Australian government bonds plunged Thursday as investors booked profits towards the end of the trading week despite comments by the Reserve Bank of Australia (RBA) Governor Philip Lowe, who remained cautious in his...
FxWirePro: The Day Ahead- 4th May 2017
May 04, 2017 04:44 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: HIA new home sales declined by 1.1 percent in March. Trade balance for March...
US ADP Report: Below expectation
May 03, 2017 12:51 pm UTC| Commentary Economy
Today ADP employment numbers were released from the US for the month of April. ADP number shows the US labor markets remains strong. There are two things to note in the headline that, The report was almost in...
May 03, 2017 11:14 am UTC| Commentary Economy
ADP employment data to be released at 12:15 GMT is todays most vital dockets from the US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic strength. What...
May 03, 2017 10:34 am UTC| Commentary Central Banks Economy
The Reserve Bank of Australia (RBA) will likely leave the benchmark cash rate at 1.5 percent over the coming quarters in order to support domestic demand. A cautious monetary tightening phase will likely commence in the...
May 03, 2017 09:24 am UTC| Commentary Economy
The Indian rupee (INR) continued to strengthen for the fifth consecutive month in April, by another 0.9 percent to 64.25. Year-to-date, it is up by nearly 6 percent against the greenback, making it the 3rd best performer...
Will a president Macron be able to reform the eurozone?
May 03, 2017 09:09 am UTC| Insights & Views Politics Economy
European financial markets are already betting on the victory of centrist French presidential candidate Emmanuel Macron in the countrys May 7 second-round election. Are investors right to believe that the eurozone the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects