Australian bonds jump tracking U.S. Treasuries on weak initial jobless claims, hurricane worries
Sep 08, 2017 03:38 am UTC| Commentary Economy
The Australian bonds jumped during early Asian trading Friday, tracing its U.S. counterpart after yields rose on Thursday as weak U.S. jobless claims data and worries about the impact of hurricanes Irma and Harvey on the...
FxWirePro: The Day Ahead- 8th September 2017
Sep 08, 2017 03:24 am UTC| Commentary Economy
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Home loans up 2.9 percent in July, while investment lending for homes down 3.9...
German industrial production softens in July, but underlying trend in production seems strong
Sep 07, 2017 22:03 pm UTC| Commentary Economy
The German industrial production data came in weaker than expected for the month of July. The industrial production growth remained unchanged in July after having dropped by 1.1 percent sequentially. But the softness in...
Euro area economy grows 0.6 pct sequentially in Q2, domestic demand growth likely to remain strong
Sep 07, 2017 19:15 pm UTC| Commentary Economy
The economic data-flow for the euro area was in line with the European Central Banks upbeat growth outlook. The euro area economic growth for the second quarter affirmed the flash estimate of 0.6 percent...
UK gilts nose-dive on expectations of rise in July manufacturing production
Sep 07, 2017 10:31 am UTC| Commentary Economy
The UK gilts plunged Thursday as investors wait to watch the countrys manufacturing production for the month of July, scheduled to be released on September 8 by 08:30GMT amid an otherwise silent trading day that witnessed...
World economy likely to grow at 3.4 pct in 2017, 2018: Wells Fargo
Sep 07, 2017 10:09 am UTC| Commentary Economy
Global GDP is expected to grow at 3.4 percent in both 2017 and 2018 before gradually tapering off a bit in our newly added column for 2019. As the picture gradually brightens, the central banks of the developed world are...
German bonds slump after Eurozone Q2 GDP cheers markets; eyes on ECB policy decision
Sep 07, 2017 09:16 am UTC| Commentary Economy
The German government bonds slumped Thursday after investors have shrugged-off the decline in the countrys industrial production for the month of July, besides, the European Central Banks (ECB) monetary policy decision,...