Australian bonds flat post RBA monetary policy meeting minutes; April employment report in focus
May 16, 2017 05:15 am UTC| Commentary Economy
The Australian government bonds remained flat Tuesday after the Reserve Bank of Australia (RBA) maintained a cautious tone in its May monetary policy meeting minutes, released earlier today. Also, investors now remained...
FxWirePro: The Day Ahead- 16th May 2017
May 16, 2017 04:55 am UTC| Commentary
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: New motor vehicle sales increased 0.3 percent in April, up just 0.1 percent...
USD/INR likely to trade around 67 by end-2017
May 15, 2017 23:12 pm UTC| Commentary
The USD/INR pair has not yet reversed its losses since February, owing to heightened risk appetite and lower crude oil prices. Year-to-date the INR is almost 6 percent stronger against the U.S. dollar. A reversal in recent...
May 15, 2017 23:04 pm UTC| Commentary Central Banks
The Chinese central bank, Peoples Bank of China, issued its first quarter Monetary Policy Report last week, which gives a clear signal of the authorities neutral monetary policy stance in the midst of increased worries...
NZD/USD likely to soften to 0.67 by end-2017
May 15, 2017 22:47 pm UTC| Commentary
The New Zealand dollar has been under pressure in the recent weeks despite certain impressive domestic economic data. The New Zealand dollar traded to a new year-to-date low below 0.6850 against the U.S. dollar. The first...
Hungarian economy likely to have grown 3.4 pct in Q1 2017
May 15, 2017 22:29 pm UTC| Commentary
The Hungarian economy has gained momentum in the March quarter, owing to the favourable internal and external developments. The economic growth has become more widespread, since gross fixed capital formation could have...
GBP/EUR likely to trade around 1.16 by end-2017, says Lloyds Bank
May 15, 2017 22:21 pm UTC| Commentary
Given that the euro is rising, the British pound has more than kept its own strength against the euro, briefly rising above EUR 1.20 after PM Mays election announcement, noted Lloyds Bank in a research report. As both the...