Flatter yield curve, Fed Funds rates close to "neutral" likely to slower pace of tightening in 2019: Wells Fargo Economics

Jul 11, 2018 10:37 am UTC| Commentary Economy

GDP growth looks to have roared back after a soft first quarter. A sharp narrowing in the trade deficit and pickup in consumer spending have propelled the estimate of Q2-GDP to 4.7 percent, according to the latest research...

Global Geopolitical Series: U.S. tariffs likely hit China’s gluttonous commodity appetite

Jul 11, 2018 08:51 am UTC| Commentary Economy

Reports have come out suggesting that the Trump administration, as promised, is preparing for the next round of tariffs on Chinese goods worth $200 billion. The duo has already fired 25 percent tariffs on $34 billion worth...

EUR/USD likely to trade at around 1.25 by year-end, says Lloyds Bank

Jul 11, 2018 08:23 am UTC| Commentary Economy

The euro has extended its losses against the US dollar, to the tune of almost 6 percent since mid-April (1.24). Political uncertainty in Italy and Germany, a dovish European Central Bank (ECB), hawkish Federal Reserve...

EUR/USD likely to trade at around 1.25 by year-end, says Lloyds Bank

Jul 11, 2018 08:23 am UTC| Commentary Economy

The euro has extended its losses against the US dollar, to the tune of almost 6 percent since mid-April (1.24). Political uncertainty in Italy and Germany, a dovish European Central Bank (ECB), hawkish Federal Reserve...

New Zealand bonds close flat in muted trading week; U.S. Treasuries jump ahead of JOLTs data

Jul 11, 2018 06:42 am UTC| Commentary Economy

New Zealand bonds closed flat Tuesday as investors remained muted amid lack of economically significant data throughout this week. However, the United States counterpart jumped ahead of the labour market data scheduled for...

Australia’s housing finance slightly rises in May; credit conditions likely to tighten further through this year

Jul 11, 2018 04:50 am UTC| Commentary Economy

After falling quite heavily in recent months, Australias housing finance commitments posted a small rise in May. The investor segment contracted further, continuing the weakness in the wake of APRAs macro-prudential policy...

Australia’s housing finance slightly rises in May; credit conditions likely to tighten further through this year

Jul 11, 2018 04:50 am UTC| Commentary Economy

After falling quite heavily in recent months, Australias housing finance commitments posted a small rise in May. The investor segment contracted further, continuing the weakness in the wake of APRAs macro-prudential policy...