Australian bonds slump on higher inflation expectations
Jul 25, 2016 05:59 am UTC| Commentary
The Australian government bonds slumped on Monday as investors anticipate higher second quarter consumer inflation amid rising possibilities that the Reserve Bank of Australia will hold its key interest rate at its...
Taiwan Q2 GDP likely to rise for first time in one year
Jul 25, 2016 05:48 am UTC| Commentary
Taiwans gross domestic product during the second quarter is expected to rise, posting the first rise over the past four quarters. The spur in headline growth is likely to happenon account ofrise in exports, seasonal...
Retail sales in Canada likely to bounce back in Q3
Jul 25, 2016 05:20 am UTC| Commentary Economy
[Correction made in second para] Retail sales in Canada rose in May, coming in more than consensus projections. Moreover, Aprils data was revised downward a bit. Retails sales rose 0.2 percent in May, whereas in volume...
Fundamentals to watch out for this week
Jul 25, 2016 04:54 am UTC| Commentary Economy Central Banks
In terms of data and events, this week is extremely risk heavy, especially with looming Fed and BoJ. What to watch for over the coming days: US earnings season: Earnings season in the United States will keep...
Most Asian markets marginally higher, gold and silver lower
Jul 25, 2016 03:52 am UTC| Commentary
Majority Asian markets are trading on a higher note on Monday but on contrary, gold and silver are trading lower. Gold was trading around $1,316 marks while silver was trading around $19.46 levels. Japans Nikkei 225 was...
FxWirePro: The Day Ahead- 25th July 2016
Jul 25, 2016 03:02 am UTC| Commentary Economy
As usual not many economic dockets scheduled for today and all with low volatility risks associated. Upcoming: Japan: Leading economic index and coincident index is to be released at 5:00 GMT. Corporate service...
Bank of Russia pledges its commitment to a free floating exchange rate, won’t weaken ruble
Jul 22, 2016 15:37 pm UTC| Commentary
Putin spooked forex markets on Tuesday after he told Prime Minister Dmitry Medvedev to monitor the rubles movement while the price of crude remains volatile. Echoing that warning, Andrey Belousov, the aide to Putin, said...