Most Asian markets in red, gold stabilizes below $1,270
Apr 27, 2017 04:57 am UTC| Commentary
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,266 mark while silver was trading around $17.46 mark. Japans Nikkei was trading around 0.15 percent lower at 19,260...
Australian bonds jump on safe-haven demand; investors eye RBA Governor Lowe’s speech
Apr 27, 2017 04:54 am UTC| Commentary Economy
The Australian government bonds jumped Thursday as investors poured into safe-haven assets post the unveiling of the United States tax reform by President Donald Trump on Wednesday. Also, investors are eyeing the Reserve...
South Korea’s real GDP grows above forecast in Q1 2017
Apr 26, 2017 23:22 pm UTC| Commentary
The South Korean economic growth accelerated in the first quarter of 2017, the advanced estimate of the Bank of Korea showed. The preliminary data for the first quarter indicated that the real GDP grew 0.9 percent on a...
New Zealand likely to see decent migrant arrivals figures in coming months, says ANZ
Apr 26, 2017 23:03 pm UTC| Commentary Economy
Monthly net migrant arrivals to New Zealand remained strong in March near all-time highs. This scenario is unlikely to change much for some time, noted ANZ in a research report. Even if migration is increasingly in...
PBoC likely to tighten monetary conditions slightly in 2017, inflation to reach 2.2 pct
Apr 26, 2017 22:44 pm UTC| Commentary
The Peoples Bank of China has committed to keep a prudent monetary policy stance this year, continuing to fine-tune monetary conditions with targeted policy measures. Deleveraging continues to be a main priority for Chinas...
New Zealand’s jobless rate likely to have dropped to 5.1 pct in Q1 2017 - ANZ
Apr 26, 2017 22:27 pm UTC| Commentary
New Zealands March labor market data might give a strong picture overall. According to an ANZ research report, the fourth quarters unexpected figures might reverse partially, thus indicating towards a tightening labor...
South African producer price index falls year-on-year in March
Apr 26, 2017 22:09 pm UTC| Commentary
South Africas producer price index for the month of March dropped to 5.2 percent year-on-year from Februarys 5.6 percent. On a sequential basis, the PPI for final manufactured goods rose 0.3 percent, as compared with the...