S. Korean bonds climb after BoK keeps policy rate steady

Jul 14, 2016 05:54 am UTC| Commentary

The South Korean government bonds climbed on Thursday after the Bank of Korea left key policy rate unchanged at the record low. Also, investors sought refuge in safe-haven assets as the central bank lowered its economic...

Bank of Korea keeps benchmark rate unchanged; lowers growth and inflation outlook

Jul 14, 2016 05:35 am UTC| Commentary Central Banks

The Bank of Korea, on Thursday, kept its base rate on hold at a record low of 1.25 percent, as widely expected by the markets. The monetary policy board projects that the global economy will continue with its weak recovery...

US records weak import prices in June on decline in nonpetroleum categories

Jul 14, 2016 05:24 am UTC| Commentary Economy

US registered weak import prices in June. The prices rose a modest 0.2 percent month-on-month, significantly softer than the consensus projection of 0.5 percent. Import prices had grown solidly in the months of May and...

Australian bonds gain on higher unemployment rate; focus on BoE policy decision

Jul 14, 2016 05:09 am UTC| Commentary

The Australian government bonds gained on Thursday after data showed that the countrys unemployment rate ticked higher in June. Also, investors remained cautious ahead of BoE policy decision and sought refuge in safe-haven...

FxWirePro: The Day Ahead- 14th July 2016

Jul 14, 2016 05:07 am UTC| Commentary Economy

Not many economic dockets scheduled for today but some with very high risks of volatility associated. The focus is on interest rate decision from Bank of England (BoE). Data released so far : Australia: Consumer...

Asian markets mix, gold hovers around $1,340 mark

Jul 14, 2016 04:30 am UTC| Commentary

Asian markets are trading on a mix note on Thursday morning after continuous upside rally for the 3 consecutive days. On the other side, gold faces hurdles to break key resistance at $1,347 marks and USD/JPY remains well...

Chart of the Day Series

Chart of the Day: Central Banks' standing

Jul 13, 2016 17:23 pm UTC| Commentary Central Banks

This chart from John Kicklighter of dailyfx.com says a lot as it explains the standpoints of key central banks across the globe. It will be interesting to see the curve few months hence as Bank of England (BoE), Bank of...