FxWirePro: The Day Ahead- 20th April 2017
Apr 20, 2017 04:32 am UTC| Commentary Economy
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: Producer price inflation report will be released at 6:00 GMT. Greece:...
Australian bonds plunge on subdued demand as markets wager UK snap election’s positive outcome
Apr 20, 2017 03:58 am UTC| Commentary Economy
The Australian government bonds plunged Thursday as investors moved away from safe-haven assets amid geopolitical tensions that were offset by a more positive market reaction to the sudden announcement of the United...
Budget explainer: if you want to know about the economy, look past the budget forecasts
Apr 20, 2017 03:15 am UTC| Insights & Views Economy
When the federal government releases its annual budget it provides an economic outlook that includes forecasts and key indicators of the state of the economy. But we should be critical of some of these numbers. Many either...
Fed’s Beige Book suggests continued moderate U.S. economic growth
Apr 19, 2017 21:57 pm UTC| Commentary Economy
The U.S. Feds Beige Book shows that the American economic activity has continued to grow at a modest-to-moderate rate across the nation between the period of mid-February and the end of March, noted TD Economics in a...
Perception of Brazilian sovereign credit risk improves significantly, notes Scotiabank
Apr 19, 2017 17:10 pm UTC| Commentary Economy
The Brazilian exchange rate environment is stable currently. The Brazilian real continues to be the best performing currency in the Americas. The BRL strengthened 17 percent against the US dollar in the last 12 months....
IMF upgrades Australia's growth forecasts, expects 2017 GDP at 3.1 pct
Apr 19, 2017 13:42 pm UTC| Commentary Economy
In its latest World Economic Outlook report published overnight, the International Monetary Fund (IMF) raised its growth forecasts for the Australian economy. The IMF upgrades Australian GDP to 3.1 percent for 2017, from...
U.S. Treasuries slide ahead of FOMC member Rosengren’s speech, initial jobless claims
Apr 19, 2017 12:09 pm UTC| Commentary Economy
The U.S. Treasuries slid ahead of the Federal Open Market Committee (FOMC) member Eric Rosengrens speech, scheduled for later in the day. Also, the countrys initial jobless claims, due for release on April 20 will further...