U.S. Fed’s November meeting minutes confirm rate hikes coming soon, says TD Economics
Nov 24, 2016 06:20 am UTC| Commentary Central Banks
The FOMCs November meetings minutes showed that most of the participants saw that the U.S. economic outlook was rebounding and that inflation is moving towards the central banks target rate of 2 percent. The minutes noted...
FxWirePro: The Day Ahead- 24th November, 2016
Nov 24, 2016 06:06 am UTC| Commentary
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Japan: Flash Nikkei manufacturing PMI marginally declined to 51.1 for November,...
Nov 24, 2016 05:46 am UTC| Commentary
The Japanese government bonds slumped Thursday following a heavy sell-off in U.S. Treasuries. The benchmark 10-year bond yield, which moves inversely to its price, rose 1 basis point to 0.040 percent, the yield on...
U.S. initial jobless claims jump, remain consistent with 4-week moving average
Nov 24, 2016 05:42 am UTC| Commentary Economy
The initial jobless claims in the United States, jumped during the week ended November 18, remaining consistent with the indexs 4-week moving average. Also, it remained well above the threshold mark of 3,00,000, that...
Singaporean economy expands y/y in Q3 but contracts sequentially, MTI lowers 2016 GDP forecast
Nov 24, 2016 05:35 am UTC| Commentary
Singapores third quarter economic growth was upwardly revised to show a less severe contraction than the one reported in the advance estimate. The September quarter GDP was revised higher to a growth of 1.1 percent...
Nov 24, 2016 05:23 am UTC| Commentary
The New Zealand government bonds closed modestly firmer Thursday after witnessing a heavy intraday sell-off as the Federal Reserve November meeting minutes indicated that majority of the FOMC members are in favour of a...
Japan’s manufacturing conditions continue to improve in November
Nov 24, 2016 05:18 am UTC| Commentary
Manufacturing conditions in Japan continue to improve in November; however, at a slower pace. The Flash Japan Manufacturing PMI dropped to 51.1 in November from 51.4 in October. The PMI index remains above the threshold of...