
Higher NPL means longer ECB easing
Apr 12, 2016 06:19 am UTC| Commentary
Previously we, at FxWirePro fundamental has been arguing that European Central Bank (ECB) will have to do more and can do more and the basis of our arguments have been higher unemployment, which is not conducive to growth...
JGB yields inch lower on thin trading activity, declining oil prices
Apr 12, 2016 06:05 am UTC| Commentary
The Japanese longterm bonds remain modestly firmer on Tuesday amid extremely thin trading activity from investors and declining oil prices due to profit taking. The yield on the benchmark 10-year Treasury note which moves...
Apr 12, 2016 05:41 am UTC| Commentary
New Zealands house sales volumes in seasonally adjusted terms grew 4.7% m/m last month, as compared with the rise of 4.3% sa in February. But for the first quarter, the house sales volumes declined 2.8% due to major...
Australian bonds slump after U.S. Fed talk, strong business confidence report
Apr 12, 2016 05:26 am UTC| Commentary
The Australian long-term bonds slumped on Tuesday, tracking U.S trend after dovish comments from the US Federal Reserve and strong business confidence report. The yield on the benchmark 10-year Treasury note which moves...
Guide to today’s important data and events
Apr 12, 2016 05:19 am UTC| Commentary
Lots of economic dockets scheduled for today and some with high risk associated. Data released so far Australia National Australia Banks business confidence improved to 6 from 3, while business...
Apr 12, 2016 05:12 am UTC| Commentary
Mexicos industrial production fell in February by 0.1%. But the manufacturing sector of the country grew by a solid 0.5%. Construction sector drove the weak industrial production data. Construction activity had increased...
Asian markets mix again, Gold remains supported above $1250
Apr 12, 2016 03:42 am UTC| Commentary
Asian markets continue to trade on mix note without providing any directions for the short term. The USD/JPY was trading 0.23% higher at 108.18 on Tuesday morning in Tokyo, having fallen as low as 107.72 overnight, its...