PHP likely to weaken to 51.5 by end-2017, says ANZ Research
Apr 25, 2017 07:59 am UTC| Commentary Economy
Economic growth in the Philippines is expected to stay strong. But this will not help the peso, as the deterioration in the current account will remain a drag on the currency. Strong domestic demand has seen import growth...
JGBs lose ground as investors await BoJ’s monetary policy decision, March consumer inflation
Apr 25, 2017 06:17 am UTC| Commentary Economy
The Japanese government bonds lost ground Tuesday as investors remain keen to watch the Bank of Japans (BoJ) monetary policy meeting, scheduled to be held on April 27. Also, markets will be focusing on the countrys March...
French Election: Fillon supports Macron in round two; Mélenchon silent
Apr 25, 2017 05:47 am UTC| Commentary
After conceding defeat, Frances conservative candidate François Fillon has endorsed the candidacy of Emmanuel Macron by calling his supporters to reject a nationalist Presidency. Fillon joined other politicians,...
Taiwan Q1 GDP likely to register 2.5 pct y/y on improvement in trade flows, says DBS Bank
Apr 25, 2017 05:40 am UTC| Commentary Economy
Taiwans first quarter gross domestic product (GDP), due to be released on April 28 is expected to register 2.5 percent y/y, down from the peak of 2.9 percent in Q4 2016 but close to the average levels seen in H2 2016. In...
ECB likely to maintain slightly dovish tone at this week’s meeting, says ANZ Research
Apr 25, 2017 05:00 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to maintain a slightly dovish tone at its monetary policy meeting scheduled to be held on April 27. Governor Mario Draghi has recently said a reassessment of the current monetary...
FxWirePro: The Day Ahead- 25th April 2017
Apr 25, 2017 04:54 am UTC| Commentary Economy
Not many economic dockets and events scheduled for today but some with high volatility risks associated. Upcoming: France: April business climate report will be released at 6:45 GMT. United Kingdom: Public...
Asian markets in green, gold flat at $1,272
Apr 25, 2017 04:35 am UTC| Commentary
All the major Asian indices were trading higher on Tuesday. Gold was trading almost flat at $1,272 mark while silver was trading at $17.87 marks. Japans Nikkei was trading around 0.86 percent higher at 19,039 points....