New Zealand bonds jump at close after dairy prices decline for second straight month
Oct 18, 2017 06:13 am UTC| Commentary Economy
The New Zealand bonds jumped at the time of closing Wednesday after Global dairy prices slumped for the second time in a row at an auction held early on Wednesday, suggesting an earlier rally was running out of steam....
Oct 18, 2017 05:39 am UTC| Commentary Economy
The Reserve Bank of Australia (RBA) is expected to leave the cash rate on hold for the remainder of this year and in 2018. The next rate move as up is seen occurring in early 2019, St. George Economics...
FxWirePro: The Day Ahead- 18th October 2017
Oct 18, 2017 04:52 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Upcoming: Eurozone: ECB President Mario Draghi is set to deliver a speech at 8:10 GMT. August construction...
JGBs range-bound on caution ahead of September trade balance data
Oct 18, 2017 04:38 am UTC| Commentary Economy
The Japanese government bonds remained range-bound Wednesday as investors remained cautioned ahead of the countrys trade balance data for the month of September, scheduled to be released today by 23:50GMT. Also, Japans...
Australian bonds gain on expectations of weak employment report
Oct 18, 2017 02:56 am UTC| Commentary Economy
Australian bonds gained Wednesday as investors expect weak employment report in September on October 19. In addition, investors still digest little dovish October Reserve Bank of Australia (RBA) meeting minutes. The...
Singapore’s NODX drops unexpectedly in September, likely to average 5.5 pct in 2017
Oct 17, 2017 13:58 pm UTC| Commentary Economy
Singapores non-oil domestic exports surprisingly dropped in the month of September. The NODX fell 10 percent sequentially. This was the first year-on-year contraction since April 2017. Electronics exports were the main...
Oil in Global Economy Series: Kuwaiti oil minister sees no need to extend supply cut agreement
Oct 17, 2017 11:33 am UTC| Commentary Economy
Kuwaiti oil minister Essam al-Marzouk said that OPEC and its non-OPEC partners may not need to extend that supply cut agreement beyond the current deadline of March 2018, which is aimed at reducing global oil supplies by...