ECB likely to change its monetary policy tune in 2018, says CIBC Capital Markets
Dec 29, 2017 10:09 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to change its monetary policy tune going into 2018, according to a recent report from CIBC Capital Markets. Political turmoil is heating up in a number of Eurozone countries....
German bunds sink as investors await December consumer price inflation ahead of New Year holidays
Dec 29, 2017 08:24 am UTC| Commentary Economy
The German bunds sunk on the last trading day of the year as investors remain keen to watch the countrys consumer price-led inflation index (CPI) for the month of December, scheduled to be released today by 13:00GMT ahead...

FxWirePro: UK economic growth likely to hover around 1.3 pct in 2018
Dec 29, 2017 06:10 am UTC| Commentary Economy Insights & Views
The United Kingdoms economic growth is expected to hover around 1.3 percent during the course of 2018, owing to the downward pressure created by the ongoing uncertainties over the UK-EU Brexit negotiations that have...
JGBs trade narrowly mixed in subdued session, 10-year yield remains flat at 0.50 pct
Dec 29, 2017 05:05 am UTC| Commentary Economy
Japanese government bonds traded narrowly mixed on Friday as investors remain sidelined in any major trading activity amid a silent session that witnessed no data of major economic significance. The yield on the...
Australian bonds gain as investors cover previous short positions
Dec 29, 2017 03:35 am UTC| Commentary Economy
Australian government bonds gained on the last trading day of 2017 as investors cover previous short positions. Also, the stock market opened loweron Fridayamid muted trading that marked the last week of the year following...
Dec 28, 2017 17:32 pm UTC| Commentary Economy
On Wednesday, the Indian government hinted that it might breach its fiscal deficit target of 3.2 percent of GDP as it will borrow an additional INR 500 billion this fiscal year. The finance ministry stated that the...
Dec 28, 2017 11:24 am UTC| Commentary Economy
The Indian rupee is seen to hover at around 64.00 vs the US dollar for quite some time now, while the upcoming year, burdened with a wide array of state elections, will likely intensify local market volatility from time to...