Oil in Global Economy Series: Iraq poses biggest threat to oil deal extension
Apr 26, 2017 07:41 am UTC| Commentary
Can there be an extension to the oil production curb deal agreed in last November to reduce production by almost 1.8 million barrels per day, when the second-largest producer Iraq is considering further expansion of...
Global Geo-political Series: China’s oil embargo on North Korea
Apr 26, 2017 07:14 am UTC| Commentary
Gasoline prices in North Korea are on the rise as its major trading partner China has taken a tough stance towards Pyongyang to force the regime there to come to the negotiating table. China has issued an oil embargo on...
New Zealand bonds close mixed amid global sell-off; investors await March trade balance
Apr 26, 2017 06:26 am UTC| Commentary Economy
The New Zealand bonds ended Wednesdays trading session on a mixed note amid global sell-off and as investors await the countrys March trade balance data, scheduled to be released on April 28. At the time of closing, the...
Australia Q1 annual inflation jumps to highest since September 2014, remains unchanged q/q
Apr 26, 2017 05:54 am UTC| Commentary Economy
Australias first-quarter annual inflation jumped to its highest since September 2014, although the q/q figures remain unchanged during the period. The Q1 CPI data provides confirmation that inflation has stabilised and is...

Global Reflation Series: Australian inflation reaches RBA’s target range
Apr 26, 2017 05:32 am UTC| Commentary Economy Central Banks
The Reserve Bank of Australias (RBA) monetary policy has a duty to maintain price stability, full employment, economic prosperity and the welfare of the Australian people and to achieve these targets RBA maintain an...
Asian markets continue to trade higher, gold slightly up
Apr 26, 2017 05:10 am UTC| Commentary
All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,264 mark while silver was trading around $17.60 marks. Japans Nikkei was trading around 0.93 percent higher at 19,257...
Australian bonds decline tracking weakness in U.S. Treasuries, upbeat Q1 CPI
Apr 26, 2017 05:04 am UTC| Commentary Economy
The Australian government bonds declined Wednesday, tracking weakness in the U.S. counterparts and after reading the upbeat consumer price inflation (CPI) for the first quarter of this year. Although q/q CPI stood pat, the...