New Zealand bonds end session high despite upbeat GDT price auction, fall in unemployment rate
May 03, 2017 06:46 am UTC| Commentary Economy
The New Zealand bonds gained at the time of closing Wednesday as investors largely shrugged off the upbeat reading of the GlobalDairyTrade price auction, held later yesterday. Also, the countrys fall in Q1 unemployment...
New Zealand Q1 unemployment rate drops unexpectedly, wage inflation remains muted
May 03, 2017 06:44 am UTC| Commentary Economy
After the surprises in the Q4 figures, todays Q1 data points to a labour market that is back on script and more consistent with an anecdote. In other words, strong, with both the unemployment and underutilisation rates...
Australian bonds rebound as investors look forward to Governor Lowe’s speech, March trade balance
May 03, 2017 05:11 am UTC| Commentary Economy
The Australian government bonds rebounded Wednesday as investors await the Reserve Bank of Australia (RBA) Governor Philip Lowes speech, scheduled to be held on May 4, besides the countrys trade balance data for the month...
FxWirePro: The Day Ahead- 3rd May 2017
May 03, 2017 04:36 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Spain: unemployment change report for April will be published at 7:00 GMT. Eurozone: ECB will...
World Economic Forum needs to move beyond spin if it's going to help Africa
May 03, 2017 01:56 am UTC| Insights & Views Economy
Set against the backdrop of low growth, dire unemployment figures, and a huge infrastructure deficit the theme of this years African World Economic Forum (WEF) is inclusive and sustainable growth. This is a familiar...
German PSPP purchases remain biased towards short end, average maturity to rise slightly in 2017
May 02, 2017 22:57 pm UTC| Commentary Economy
Aprils QE figures indicated that the average maturity of German Public Sector Purchase Program (PSPP) purchases stayed the same in April at 4.7 years. Germanys purchases are expected to remain biased towards the short end...

New businesses struggle to get exporting just as Brexit Britain needs it most
May 02, 2017 19:25 pm UTC| Insights & Views Economy
The UK, in common with a number of advanced economies, has had a trade deficit for decades. In simple terms, this means that the country imports more goods and services that it exports. The total trade deficit reached 40...