Australian bonds sharply rebound despite upbeat July employment report

Aug 17, 2017 03:44 am UTC| Commentary Economy

The Australian bonds sharply rebounded Thursday as investors have largely shrugged-off the upbeat reading of the countrys employment report for the month of July, with the jobless rate matching expectations, albeit lower...

New Zealand’s output and input prices rise in Q2

Aug 16, 2017 23:02 pm UTC| Commentary

New Zealands producer output prices rose 1.3 percent in the second quarter, while input prices rose 1.4 percent, showed Statistics New Zealand. Higher prices for lamb, beef and dairy products aided in lifting prices...

Canadian dollar likely to appreciate in medium term, USD/CAD to trade around 1.23 by end-2018 – Lloyds Bank

Aug 16, 2017 22:49 pm UTC| Commentary

Market conditions have been conducive to the Canadian dollar strength since mid-May, when the Canadian dollar weakened to a year-to-day low of 1.38 against the U.S. dollar, noted Lloyds Bank. A series of impressive...

USD/JPY pair likely to decline towards 105 in medium term, says Lloyds Bank

Aug 16, 2017 22:28 pm UTC| Commentary

The Japanese currency continues to fluctuate within its wide 108 to 115 medium-term range. The Japanese yen tested the upper bound in mid-July, before falling sharply, back towards 110, noted Lloyds Bank in a research...

Fed Hike Aftermath Series

U.S. Fed meeting minutes show policymakers worried about inflation

Aug 16, 2017 21:05 pm UTC| Commentary Central Banks

The U.S. Fed meeting minutes were released on Wednesday. The Federal Open Market Committee members have noted slight change to the economic and labor market outlook; however, they have spent significant time pondering the...

Singaporean economy to grow steadily in next few years, MAS to maintain neutral policy stance - ANZ

Aug 16, 2017 20:23 pm UTC| Commentary

The Singaporean economy is expected to witness a stable growth in the coming few years. According to an ANZ research report, Singapores economy is likely to expand 2.5 percent in the next few years. Administrative price...

South African retail sales grow strongly in June

Aug 16, 2017 19:16 pm UTC| Commentary

The South African retail sales grew strongly in June. On a year-on-year basis, the retail trade sales rose 2.9 percent in the month, following a revised 1.6 percent rise in May, showed Statistics South Africa. The June...