Canada likely to grow by 2.2 pct in 2018, says Scotiabank

Nov 17, 2017 07:52 am UTC| Commentary Economy

Canadas economic growth is expected to expand by 2.2 percent going into next year, following a very strong 3.1 percent rise in 2017. Though growth is expected to slow substantially in 2018, that pace of activity will...

FxWirePro: Indian Nifty buoyed by Moody’s rating upgrade

Nov 17, 2017 06:49 am UTC| Commentary

Moodys rating agency upgraded Indias sovereign rating citing economic reforms such as the introduction of Goods and Services Tax (GST) and demonetization and on expectations that such reforms would continue under the...

New Zealand bonds end lower on profit-booking; GDT auction in focus next week

Nov 17, 2017 06:43 am UTC| Commentary Economy

New Zealand government bonds closed lower on Friday as investors cashed in profits after long rally this week. In addition, markets look ahead to the GDT auction scheduled to be held next week. At the time of closing,...

FxWirePro: The Day Ahead- 17th November 2017

Nov 17, 2017 05:06 am UTC| Commentary Economy Central Banks

Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: New motor vehicle sales flat for October, up 1 percent from a year...

FxWirePro: Asian markets remarkably higher, gold back above $1,280 mark

Nov 17, 2017 05:01 am UTC| Commentary

All the major Asian indices were trading on a higher note on the last trading day of a week. Gold was trading around $1,282 mark while silver was trading around $17.08 mark. Shanghai composite index to open down 0.2 pct...

JGBs trade narrowly mixed on BoJ’s timid bond-buying

Nov 17, 2017 04:08 am UTC| Commentary Economy

Japanese government bonds traded narrowly mixed on Friday after the BOJ bought fewer bonds than in a previous operation. The yield on the benchmark 10-year Treasury note, which moves inversely to its price, traded flat...

Australian bonds rise slightly on weak investors’ sentiments; 10-year yields down over 3 bps this week

Nov 17, 2017 02:58 am UTC| Commentary Economy

Australian bonds rise slightly on the last day of the week as investors moved away from riskier assets including equities and crude oil. In addition, markets will focus on the next weeks RBA November meeting minutes and...