JGBs flat post slightly lower-than-expected April core consumer inflation
May 26, 2017 06:32 am UTC| Commentary Economy
The Japanese government bonds traded flat on the last trading day of the week after reading the countrys slightly lower-than-expected core consumer price inflation for the month of April. The benchmark 10-year bond...
Fed likely to raise interest rate three times in 2018, says Lloyds Bank
May 26, 2017 05:46 am UTC| Commentary Central Banks Economy
The United States Federal Reserve is expected to raise its benchmark interest rate three times in 2018 while adopting two more hikes through this year. The central bank left monetary policy unchanged after the Federal Open...
Asian markets mixed, gold marginally higher at $1,257
May 26, 2017 04:33 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Friday. Gold was trading around $1,257 mark while silver was trading around $17.16 marks. Japans Nikkei was trading 0.41 pct lower at 19,731.50...
FxWirePro: The Day Ahead- 26th May 2017
May 26, 2017 04:13 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today and some with high volatility risks associated. Upcoming: The 43rd G7 summit begins today in Italy. United States: Feds Bullard is scheduled to speak at...
Australian bonds rally tracking strength in U.S. Treasuries after rise in initial jobless claims
May 26, 2017 04:04 am UTC| Commentary Economy
The Australian bonds rallied on the last day of the week, tracking strength in the U.S. counterpart after reading the slightly higher initial jobless claims release later yesterday. The yield on the benchmark 10-year...
U.S. consumer sentiment likely stayed elevated in April, construction spending to have recovered
May 25, 2017 23:00 pm UTC| Commentary
The U.S. Conference Boards consumer confidence index had dropped a bit in April. The index for May is set to be released next week, shedding light on whether the confidence has topped, albeit at the highest levels since...
Indian economy likely to have grown sub-7 pct in Q1 2017, says Scotiabank
May 25, 2017 22:59 pm UTC| Commentary
India is set to release its first quarter economic growth data next week. According to a Scotiabank research report, the Indian economy is likely to have continued to ease from 8.6 percent year-on-year in the first quarter...