Bank of Thailand likely to maintain policy rate at 1.5 pct through 2017 - ANZ
May 24, 2017 19:18 pm UTC| Commentary
As was anticipated, the Bank of Thailand kept its policy rate on hold at 1.5 percent earlier today. All the seven members of the monetary policy committee unanimously voted to keep the rate unchanged. Thai economic...
Moody’s downgrades China’s rating for first time in nearly 30 years, changes outlook to “stable”
May 24, 2017 18:14 pm UTC| Commentary Economy
Chinas sovereign rating was cut today by Moodys to A1 from Aa3. Moodys also changed its outlook to stable. This is Moodys first downgrade of China in almost 30 years. Moodys is concerned about the countrys rising...
FHFA purchase-only House Price Index rises in March, home prices likely to continue rising in 2017
May 24, 2017 17:12 pm UTC| Commentary
The FHFA purchase-only House Price Index for the U.S. rose in March, coming in slightly above consensus expectations. The index rose 0.6 percent on a sequential basis, as compared with the consensus estimate of 0.5...
May 24, 2017 16:47 pm UTC| Commentary
Existing home sales in the U.S. dropped on a sequential basis in April. It fell 2.3 percent to 5.57 million after reaching a slightly downwardly revised decade high of 5.7 million in March. The headline print surprised on...
Bank of Canada keeps policy interest rate unchanged at 0.5 pct with neutral statement
May 24, 2017 16:04 pm UTC| Commentary Central Banks
As was widely anticipated, the Bank of Canada kept its key policy interest rate on hold at 0.5 percent. The central banks statement accompanying the decision struck a neutral tone, noted TD Economics. The statement...

Commodities snapshot (precious & industrial)
May 24, 2017 13:36 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is up today, despite a recovery in the dollar. Todays range $1254-1247 We expect the gold price to reach $1390 per...

May 24, 2017 13:21 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI remain upbeat but trading cautiously ahead of the OPEC meeting. Todays range $51.2-51.9 WTI is currently...