Apr 28, 2017 05:22 am UTC| Commentary Economy
The Australian government bonds rallied on the last trading day of the week, tracking firmness in the global debt market. Also, investors are eyeing the Reserve Bank of Australias (RBA) monetary policy meeting, scheduled...
FxWirePro: The Day Ahead- 28th April 2017
Apr 28, 2017 05:18 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Producer price inflation grew by 1.3 percent in the first quarter from a...
GfK’s consumer confidence index for U.K. drops in April
Apr 27, 2017 23:28 pm UTC| Commentary
GfKs consumer sentiment index for the U.K. fell one point in April to -7 from Marchs -6. This is in line with consensus forecast. Out of five measures, four measures dropped. Only the major purchase index showed an...
New Zealand building consents reach record NZD 2 billion in March
Apr 27, 2017 23:19 pm UTC| Commentary
Building consents in New Zealand grew strongly on a year-on-year basis in March. According to Statistics New Zealand, building consents were up 37 percent, reaching a record NZD 2 billion in March 2017. The surge in...
New Zealand exports grow strongly in March
Apr 27, 2017 23:09 pm UTC| Commentary
New Zealands exports rose in the month of March. It grew NZD 446 million or 11 percent year-on-year to NZD 4.6 billion, showed data from Statistics New Zealand. The countrys dairy and lamb exports to China mainly boosted...
U.S. Fed to stand pat in May, likely to hike in June and September – Barclays
Apr 27, 2017 22:49 pm UTC| Commentary
The FOMC, during its meeting in May, is likely to keep the policy on hold, noted Barclays in a research report. The U.S. Feds main challenge might be to acknowledge the weakness in incoming data while continuing to hint...
Apr 27, 2017 22:33 pm UTC| Commentary
As widely expected, the European Central Bank kept its monetary policy on hold on Thursday. Moreover, the central banks forward guidance The Governing Council continues to expect the key ECB interest rates to remain at...