FxWirePro: The Day Ahead- 2nd May 2017
May 02, 2017 04:25 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Markit services PMI declined to 52.2 in April compared to 52.9...
Fundamentals to watch out for this week
May 01, 2017 11:30 am UTC| Commentary Economy Central Banks
This week is filled with risk heavy data and events. What to watch for over the coming days: Central Banks: Federal Reserve will announce interest rate decision on Wednesday. Reserve Bank of Australia (RBA)...
Japan manufacturing PMI edges higher in April; price pressure intensifies
May 01, 2017 08:21 am UTC| Commentary Economy
Aprils survey of Japanese manufacturers indicated a further improvement in business conditions, as output, new orders and employment all continued to rise. Export sales strengthened amid reports of higher demand, while...
Thailand’s inflation surprises on the downside; core inflation weakest in 7 years
May 01, 2017 08:08 am UTC| Commentary Economy
Thailands headline and inflation surprised on the downside yet again in April. Core inflation is at its weakest in seven years. The contraction in food prices further weakened the headline number. Underlying inflationary...
JGBs flat ahead of BoJ April meeting minutes, Governor Kuroda’s speech
May 01, 2017 07:28 am UTC| Commentary Economy
The Japanese government bonds traded flat as investors wait to watch the Bank of Japans (BoJ) April monetary policy meeting minutes and Governor Haruhiko Kurodas speech, scheduled to be held on May 2 respectively. The...
South Korean Q1 GDP expands wider-than-expected despite rise in geopolitical tensions
May 01, 2017 06:49 am UTC| Commentary Economy
The South Korean economy grew 0.9 percent in the first quarter (3.6 percent at an annualized rate) which beat consensus. In fact, the outturn matches the fastest quarterly growth rate posted in 2016. Despite a pick-up in...
New Zealand bonds jump at close ahead of GDT price auction, Q1 employment report
May 01, 2017 05:46 am UTC| Commentary Economy
The New Zealand bonds jumped at the time of closing as investors wait to watch the countrys GlobalDairyTrade price auction, scheduled to be held on Tuesday. Also, the countrys first quarter employment report, scheduled to...