FxWirePro: Asian markets extremely up, gold trades flat at $1,558 mark

Jan 09, 2020 04:45 am UTC| Commentary

All the major Asian indices were trading on a higher note on Thursday. Gold was trading around $1,558 mark while silver was trading around $18.07 mark. Japans Nikkei was trading 2.11 pct higher at 23,695.50...

2020 likely to be another disappointing year for European economy, says Capital Economics

Jan 09, 2020 04:26 am UTC| Commentary Economy

The latest set of economic data suggest that the euro-zone economy might have avoided a further slowdown in Q4 last year, adding to the evidence that growth is bottoming out. However, the economy seems to have remained...

Australian bonds slump after U.S. President confirms no casualties from Iranian attack

Jan 09, 2020 02:33 am UTC| Commentary Economy

The Australian bonds slumped during Asian trading session Thursday tracking its U.S. counterpart after President Donald Trump confirmed that there have been no casualties from the Iranian attack on Iraq-based U.S. troops,...

Indian economic growth likely to slow down in FY 2019-20 to lowest since global financial crisis

Jan 08, 2020 16:04 pm UTC| Commentary

The real GDP growth of India in the 2019-20 financial year is expected to ease to 5 percent rate year-on-year, considerably below the 6.8 percent seen in the 2018-2019 financial year, according to the First Advance...

U.S. Treasuries gain ahead of December ADP non-farm employment change, 10-year auction

Jan 08, 2020 12:56 pm UTC| Commentary Economy

The U.S. Treasuries gained during Wednesdays afternoon session ahead of the countrys ADP non-farm employment change for the month of December, scheduled to be released today by 13:15GMT and the 10-year auction, also due to...

Digital Currency Revolution

US-SEC’s OCIE Announces Examination Priorities For 2020, What’s In It For Cryptos?

Jan 08, 2020 12:26 pm UTC| Research & Analysis Digital Currency Commentary

The United States securities watchdog, Security Exchange Commission (SEC) has released their roadmap for 2020 in their press release. Wherein the US-SECs Office of Compliance Inspections and Examinations (OCIE) has...

Australian building approvals rise strongly in November on sharp rise in NSW unit approvals

Jan 08, 2020 12:13 pm UTC| Commentary

Australian building approvals came in solid in November, following a drop in October and solid growth in September. A huge spike in NSW unit approvals led to the rebound in November. Residential building approvals rose...