May 04, 2017 06:50 am UTC| Commentary Economy
Australias near-term economic growth prospects are favourable, yet activity is partially supported by transitory factors in the external sector. The mining boom has moved from an investment phase to a production phase,...
New Zealand bonds close flat in subdued trading session
May 04, 2017 06:09 am UTC| Commentary Economy
The New Zealand bonds remained flat at the time of closing Thursday as investors remain sidelined amid a muted trading session that witnessed data of least economic significance. At the time of closing, the yield on the...
May 04, 2017 05:20 am UTC| Commentary Economy
The Australian government bonds plunged Thursday as investors booked profits towards the end of the trading week despite comments by the Reserve Bank of Australia (RBA) Governor Philip Lowe, who remained cautious in his...
FxWirePro: The Day Ahead- 4th May 2017
May 04, 2017 04:44 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: HIA new home sales declined by 1.1 percent in March. Trade balance for March...
Asian markets mixed, gold hits fresh 2-month low at $1,235
May 04, 2017 04:09 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Thursday. Gold hits fresh 2-month low after hawkish FOMC meeting. Fed kept funds rate stable at 1.00 pct. Silver hits fresh 4-month low at $16.37 mark. Hong...
South Korea records current account surplus of USD 5.93 billion in March
May 03, 2017 23:16 pm UTC| Commentary
The South Korean current account recorded a surplus of USD 5.93 billion in March 2017, showed the preliminary data released by the Bank of Korea. The country has recorded a USD 19.61 billion surplus for the first quarter...
ANZ New Zealand job ads rise strongly in April, suggests ongoing solid employment growth
May 03, 2017 23:01 pm UTC| Commentary
The ANZ New Zealand job ads rose strongly in April on a seasonally adjusted basis. The job ads rose robustly by 2.8 percent, the strongest rise in five months. On a year-on-year basis, job ads were up 18.2 percent. The...