JGBs marginally lower despite continued weak consumer inflation; Yellen’s speech in focus
Aug 26, 2016 07:11 am UTC| Commentary
The Japanese government bonds traded marginally lower Friday despite recent consumer inflation that fell for the fifth straight month in a row, heightening monetary pressure on the Bank of Japan to ease interest rate in...
Japan consumer prices fall for fifth straight month, heightens pressure on BoJ to ease
Aug 26, 2016 06:56 am UTC| Commentary
Consumer prices in Japan fell for the fifth straight month in a row, heightening monetary pressure on the Bank of Japan to ease interest rate in Septembers monetary policy meeting. Also, latest inflation figures remained...

Worrisome Signs Series: US durable goods trend worst since great recession
Aug 26, 2016 06:53 am UTC| Commentary Economy
Data released yesterday show that the durable goods orders rose by 4.4 percent in July and 1.5 percent when transportation is excluded. That is quite a figure and should spark optimism. Yet, we at FxWirePro, are left with...
US service sector growth remains weak in August, service providers upbeat on growth ahead
Aug 26, 2016 06:38 am UTC| Commentary Economy
Service providers in the US showed another month of weak growth in August. Business activity, employment and new orders all rose at a moderate pace as compared with July. Seasonally adjusted, the Markit Flash US Services...
Canada’s small business sentiment rises in August, likely to gain moderately in coming months
Aug 26, 2016 06:08 am UTC| Commentary Economy
Canadas CFIB small business barometer rose in August, erasing a subdued reading of July. Small business confidence rose 2.2 points to 59.8, the second-highest monthly reading since May 2015. Even if the sentiment was...
New Zealand bonds close higher as investors wary ahead of Yellen’s Jackson Hole speech
Aug 26, 2016 06:04 am UTC| Commentary
The New Zealand government bonds closed higher Friday as investors remained cautious ahead of the Federal Reserve Chair Janet Yellens Jackson Hole press conference, in an attempt to estimate the Feds most likely...
US initial jobless claims fall to 5-week low, signs of endurance prevail in the economy
Aug 26, 2016 05:57 am UTC| Commentary
The United States initial jobless claims fell to five-week low in the week ended August 20, showing desperate signs of endurance in the countrys labor market. Jobless claims dropped by 1,000 to 261,000 in the week ended...