Australian bonds flat ahead of RBA monetary policy meeting
May 02, 2016 05:11 am UTC| Commentary
The Australian bonds were trading flat on Monday as investors were cautious ahead of Reserve Bank of Australias (RBA) monetary policy meeting. The yield on the benchmark 10-year Treasury note which moves inversely to its...
Canada’s economy likely to post above 3 pct growth in Q1 despite weak February data
May 02, 2016 05:07 am UTC| Commentary
Canadas GDP shrank on month-on-month basis in February, declining 0.1%, following four consecutive months of growth. Good-producing industries were mainly led the decline in output, whereas service sectors were flat. The...
Guide to today’s important data and events
May 02, 2016 05:00 am UTC| Commentary
Lots of economic dockets scheduled for today and some with high risks associated. Data released so far: Australia TD securities inflation grew 1.5% y/y in April, slower than 1.7% registered in March. National...
Nikkei crashes above 3 pct, Gold remains supported around fresh 15 –month high at $1290
May 02, 2016 03:53 am UTC| Commentary
All the major Asian markets are trading in red on the start of a new week. On the top, Nikkei crashes above 3 pct while Gold remains supported around fresh 15 month high at $1290 marks. On the other side, Japanese...

UK mortgage approvals fall for the first time in six months in March
Apr 29, 2016 14:59 pm UTC| Commentary Real Estate
Bank of England data showed that British mortgage approvals fell for the first time in six months in March to a 3-month low. Mortgage approvals for house purchases fell to 71,357 in March, down from 73,195 in February....

Currency snapshot (commodity pairs)
Apr 29, 2016 14:40 pm UTC| Commentary
Dollar index trading at 93.18 (-0.66%) Strength meter (today so far) Aussie -0.28%, Kiwi +0.17%, Loonie +0.23% Strength meter (since last week) Aussie -1.19%, Kiwi +1.75%, Loonie +1.13% AUD/USD Trading at...
Eurozone Q1 GDP beats forecasts but CPI inflation back in the red
Apr 29, 2016 14:39 pm UTC| Commentary
Flash eurozone Q1 GDP estimates published by Eurostat showed that Q1 GDP growth came in at 0.6%q/q, beating consensus forecasts for a rise of 0.4%. On an annualized basis, euro area GDP was at +1.6% compared with Q1...