RBI likely to leave policy rate unchanged at 6.00 pct, maintain neutral stance: Scotiabank

Oct 04, 2017 04:33 am UTC| Commentary Economy

The Reserve Bank of India (RBI) is expected to leave its policy rate and CRR unchanged at 6.00 percent and 4.00 percent respectively with a neutral stance this afternoon, aimed at striking a balance between bolstering the...

JGB yields decline on safe-haven demand after disparity heightens over possible Fed Chair successor

Oct 04, 2017 03:51 am UTC| Commentary Economy

The Japanese government bond yields declined Wednesday as investors poured into safe-haven assets, following heightened disparity over the possible selection of Fed Chair after serving head Janet Yellen steps down. The...

Australian bonds gain following firm U.S. Treasuries as Fed Chair successor uncertainty looms

Oct 04, 2017 02:23 am UTC| Commentary Economy

The Australian bonds gained Tuesday following firmness in U.S. Treasuries as investors remained cautious ahead of the fresh triggers for trades from President Donald Trumps pending decision on the leadership of the Federal...

U.S. Treasuries trend lower ahead of ADP non-farm employment, Fed Chair Yellen’s speech

Oct 03, 2017 11:02 am UTC| Commentary Economy

The U.S. Treasuries lost ground Tuesday amid a muted trading session that lacked data of major economic significance. Also, investors wait to watch the ADP non-farm employment change data for September and Fed Chair Janet...

UK gilts plunge despite fall in September construction PMI; all eyes on services PMI

Oct 03, 2017 09:18 am UTC| Commentary Economy

The UK gilts plunged Tuesday as investors have largely shrugged-off the fall in the countrys crucial construction PMI for the month of September. Now, investors will remain glued to read the services PMI for September,...

USD/ZAR likely to trade around 14.00 by year-end, says Commerzbank

Oct 03, 2017 08:26 am UTC| Commentary Economy

The USD/ZAR is expected to trade around levels of 14.00 by the end of this year, according to reports from the Commerzbank. The rand has been under depreciation pressure since early September and for the first time in four...

RBA seen holding rate at 1.50 pct this year and into next year: St George Economics

Oct 03, 2017 06:50 am UTC| Commentary Economy Central Banks

The Reserve Bank of Australia (RBA) is expected to hold its interest rate at 1.50 percent through this year and next. While the central bank remains increasingly more positive on the domestic outlook, there is a range of...