FxWirePro: Asian markets mixed, gold hovers around $1,330 mark

Apr 06, 2018 04:48 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Friday. The main event for the day in U.S. NFP job data. Gold was trading around $1,327 mark while silver was trading around $16.33 mark. Japans Nikkei was...

Australian bonds edge slightly higher amid fears of trade war with two world’s biggest economies

Apr 06, 2018 04:20 am UTC| Commentary Economy

Australian government bonds gained on the last trading day of the weekFridayamid rising fears of a trade war between worlds biggest economies after U.S. President Donald Trump threatens further $100 billion in tariffs...

MAS likely to tighten policy in April - Scotiabank

Apr 05, 2018 19:18 pm UTC| Commentary

The Monetary Authority of Singapore is set to meet next week. According to a Scotiabank, the MAS is expected to sound hawkish and raise the slope of its S$NEER policy band from the current zero percent. MAS might prop up...

German factory orders grow below expectations in February, economy likely to grow more slowly in 2018

Apr 05, 2018 17:36 pm UTC| Commentary

German factory orders grew below expectations in the month of February. On a sequential basis, factory orders rose just 0.3 percent, as compared with the consensus expectations of 1.5 percent. On a year-on-year basis,...

Canadian trade deficit widens in February as imports growth surpass exports growth

Apr 05, 2018 16:59 pm UTC| Commentary

Canadian trade deficit widened in February to CAD 2.7 billion from Januarys CAD 1.9 billion, as the rise in imports surpassed the rise in exports. Imports grew 1.9 percent, whereas exports were up 0.4 percent. In real...

U.S. initial jobless claims rise in late March, but indicate solid labor markets

Apr 05, 2018 14:25 pm UTC| Commentary

U.S. initial jobless claims rise slightly at the end of March, but continue to indicate solid labor markets. In the week ended 31 March, jobless claims rose to 242k, as compared with consensus expectations of 225k. This...

U.S. trade deficit widens above expectations in February

Apr 05, 2018 13:53 pm UTC| Commentary

The U.S. trade deficit widened in February, coming in above consensus expectations. Trade deficit broadened to USD 57.6 billion, as compared with consensus expectations of USD 56.8 billion. The miss relative to the...