Australian bonds gain on speculations of less-hawkish Fed successor Powell; U.S. 10-year yields down 3bps

Oct 30, 2017 02:44 am UTC| Commentary Economy

Australian bonds gainedMondayfollowing firmness in the U.S. Treasuries as speculations increased over the appointment of less hawkish Federal Reserve Governor Jerome Powell. The yield on the benchmark 10-year Treasury...

U.S. Treasuries remain flat as investors await Q3 GDP

Oct 27, 2017 11:36 am UTC| Commentary Economy

The U.S. Treasuries traded flat Friday ahead of the countrys third-quarter gross domestic product (GDP), scheduled to be released today by 12:30GMT. The yield on the benchmark 10-year Treasury hovered around 2.44...

U.S. third quarter GDP preview

Oct 27, 2017 10:37 am UTC| Commentary Economy

Today, U.S. third-quarter flash GDP figure will be released at 12:30 GMT. This is the first flash reading of the third quarter GDP of the United States. This would be a very vital piece of an economic docket to assess...

Global Geopolitics Series

Global Geo-political Series: U.S. commerce department imposes CVD on forged steel fittings from Italy, China, and Taiwan

Oct 27, 2017 10:22 am UTC| Commentary Economy

Under the Trump administration, the U.S. commerce department, under the guidance of Secretary Wilbur Ross continues to take a tough stance on countries that have used unfair means to promote exports. Cracking down on U.S....

Federal Reserve likely to leave interest rates unchanged at November policy meeting, says Lloyds Bank

Oct 27, 2017 08:53 am UTC| Commentary Central Banks Economy

The United States Federal Reserve is expected to leave its policy interest rates unchanged at its October 31 November 1 policy meeting. The Fed has given no indication that a rate move next week is being seriously...

BoJ likely to maintain 'QQE with YCC' policy at its meeting next week, says Danske Bank

Oct 27, 2017 08:14 am UTC| Commentary Central Banks Economy

The Bank of Japan is expected to maintain its QQE with yields curve control policy at its monetary policy meeting, scheduled to be held on October 31. It is widely expected that the BoJ will keep its ultra-loose monetary...

DXY index likely to head for 96.00 level after rallying through the 94 mark, says Scotiabank

Oct 27, 2017 06:41 am UTC| Commentary Economy

The dollar index is expected to head to the 96.00 level after rallying through the 94.00 mark and the 100-day MA resistance, according to a report from Scotiabank. The USD is still expected to advance versus EM Asian...