JGBs trade lower after reading higher-than-expected Q1 GDP
May 18, 2017 06:24 am UTC| Commentary Economy
The Japanese government bonds trade lower Thursday after reading a higher-than-expected gross domestic product (GDP) for the first quarter of this year. The benchmark 10-year bond yield, which moves inversely to its...
Asian markets in red, gold jumps above $1,260 mark
May 18, 2017 05:46 am UTC| Commentary
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,258 mark while silver jumps above $17.00 mark. Japans Nikkei was trading 1.40 pct lower at 19,537.50 points. Hong...
May 18, 2017 05:37 am UTC| Commentary Economy
The Australian bonds jumped Thursday, following a drop in the countrys inflation expectations for the month of May. However, investors have largely shrugged off the fall in the unemployment rate for the month of...
FxWirePro: The Day Ahead- 18th May 2017
May 18, 2017 04:52 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: Consumer inflation expectations for May came at 4 percent. The unemployment...
USD/CNY likely to trade around 6.98 by end-2017, says Lloyds Bank
May 17, 2017 23:01 pm UTC| Commentary
In the past month, the USD/CNY pair has traded in a range of 6.87-6.91. But since the beginning of 2017, the currency pair has gradually increased from its Januarys low of 6.83. Weaker-than-expected economic data in the...
EUR/PLN likely to trade around 4.30 by end-2017, says Lloyds Bank
May 17, 2017 22:51 pm UTC| Commentary
The Polish zloty strengthened against the euro in the past month, coinciding with above-expected March data from Poland. The EUR/PLN dropped from a high of 4.45 at the beginning of the year to 4.19, the lowest level since...
Euro area inflation accelerates further in April on fuel prices
May 17, 2017 22:43 pm UTC| Commentary Economy
Euro area inflation accelerated further in April. The consumer price index rose to 1.9 percent from Marchs 1.5 percent, showed Eurostat. The rate in April 2016 was 0.2 percent. In the European Union, the rate of inflation...