Global Geo-political Series: Saudi Arabia welcomes Trump in royal manner
May 22, 2017 07:39 am UTC| Commentary
Saudi Arabia has welcomed the US President Donald Trump with a royal welcome when he arrived in Saudi Arabia on Saturday. The King Salman himself came to the airport to greet president Trump while he comes down from Air...
BoT likely to keep rates unchanged at this week’s meeting, says DBS Bank
May 22, 2017 06:23 am UTC| Commentary Central Banks Economy
The Bank of Thailand (BoT) is widely expected to keep rates steady this week. Indeed, there is no reason why the central bank will tinker with its policy rate at any point this year. The pick-up in private consumption...
May 22, 2017 06:07 am UTC| Commentary
Philippines outspoken President Rodrigo Duterte claimed on Friday week that the Chinese President Xi Jinping has threatened him with a war against his plans to go for drilling in the South China Sea, which is almost...
Australian bonds range-bound in thin trading activity; upbeat riskier assets weigh
May 22, 2017 04:48 am UTC| Commentary Economy
The Australian bonds traded range-bound at the start of the trading week as investors remain aloof from major trading activity amid signs of possible muted session as market lacks release of any influential data. Further,...
Asian markets start a new week on a positive note, gold marginally lower at $1,252 mark.
May 22, 2017 04:25 am UTC| Commentary
All the major Asian indices were trading on a higher note Monday. Gold was trading around $1,252 mark while silver was trading around $16.85 mark. Japans Nikkei was trading 0.45 pct higher at 19,678.50 points. Hong...
FxWirePro: The Day Ahead- 22nd May 2017
May 22, 2017 04:25 am UTC| Commentary Central Banks
Very few economic data and events scheduled for today and all with high volatility risks associated. Upcoming: Japan: Leading economic index and coincident index will be published at 5:00 GMT. Greece: March...
U.S. new home sales likely to have risen further in April
May 19, 2017 23:00 pm UTC| Commentary
In March, U.S. new home sales had unexpectedly rise 5.8 percent to a 621k unit pace, the second highest point of the current cycle. The data for prior months were revised upwardly giving a rosy picture of the new home...