Australian bonds rebound as investors look forward to Governor Lowe’s speech, March trade balance
May 03, 2017 05:11 am UTC| Commentary Economy
The Australian government bonds rebounded Wednesday as investors await the Reserve Bank of Australia (RBA) Governor Philip Lowes speech, scheduled to be held on May 4, besides the countrys trade balance data for the month...
FxWirePro: The Day Ahead- 3rd May 2017
May 03, 2017 04:36 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Spain: unemployment change report for April will be published at 7:00 GMT. Eurozone: ECB will...
New Zealand’s Q1 2017 labor market data stronger than expectations, jobless rate drops to 4.9 pct
May 02, 2017 23:27 pm UTC| Commentary
New Zealands labor market data for the first quarter of this year came in stronger than anticipated; however, wage growth remained muted. The jobless rate dropped to 4.9 percent, reversing the rises recorded in the prior...
Global manufacturing sentiment off to weak start in Q2 2017, says Barclays
May 02, 2017 23:11 pm UTC| Commentary
Barclays global manufacturing sentiment index dropped in April to 0.10 from Marchs 0.23. The fall was mainly due to a drop in the headline manufacturing PMI prints in the U.S. and China. But some of this softness was...
German PSPP purchases remain biased towards short end, average maturity to rise slightly in 2017
May 02, 2017 22:57 pm UTC| Commentary Economy
Aprils QE figures indicated that the average maturity of German Public Sector Purchase Program (PSPP) purchases stayed the same in April at 4.7 years. Germanys purchases are expected to remain biased towards the short end...
French economy likely to expand slightly stronger in Q2 2017
May 02, 2017 22:46 pm UTC| Commentary
The French economy recorded a 0.3 percent growth on a sequential basis in the first quarter of this year, according to the first estimate of Insee. Even if this performance is slightly below the level indicated by economic...
Dairy prices continue with positive momentum, GlobalDairyTrade auction rises 3.6 pct
May 02, 2017 22:29 pm UTC| Commentary
Last nights GlobalDairyTrade auction witnessed continued positive momentum in dairy prices. The aggregate price index rose 3.6 percent, the fourth straight rise and takes prices to the highest level since early February,...