German bunds fall despite lower-than-expected May ZEW economic sentiment; Q1 GDP closely eyed

May 14, 2019 09:54 am UTC| Commentary Economy

The German bunds fell during European trading session Tuesday after investors have largely shrugged-off the lower-than-expected ZEW economic sentiment for the month of May, while markets will be keeping a close eye on the...

CNB likely to keep key interest rates constant over the year in lieu of inflation meeting target, says Commerzbank

May 14, 2019 07:29 am UTC| Commentary Central Banks Economy

The Czech National Bank (CNB) is expected to keep the countrys benchmark interest rates unchanged over the course of this year, on expectations that the inflation rate will fall to the central banks target of 2 percent in...

Australia’s ANZ-Roy Morgan consumer confidence falls last week, closing below 4-week moving average

May 14, 2019 07:00 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence fell by 2.1 percent last week, closing below its four-week moving average but remaining above the long-term average. Financial conditions were not the cause of the fall,...

FxWirePro: Euro likely to gain against USD as retail sentiment flips

May 14, 2019 06:36 am UTC| Commentary

Euro likely to gain, The ongoing trade dispute with the United States could weigh on the U.S. dollar. Last Friday, in response to Chinas attempt to renegotiate parts of the agreed deal, the U.S. administration hiked...

INR likely to remain susceptible to general election results, US-China trade talks and crude oil prices: Scotiabank

May 14, 2019 05:30 am UTC| Commentary Economy

The Indian rupee is expected to remain susceptible to the general election results due on May 23, the US-China trade talks and crude oil prices. Further, in the near term, the USD/INR currency pair is likely to rise...

FxWirePro: The Day Ahead- 14th May 2019

May 14, 2019 05:09 am UTC| Commentary

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: National Australia Banks business confidence index improved to 0 in April from...

FxWirePro: Asian markets drastically down, gold hovers around $1,300 mark

May 14, 2019 04:35 am UTC| Commentary

All the major Asian indices were trading on a lower note on Tuesday. Gold was trading around $1,301 mark while silver was trading around $14.78 mark. Japans Nikkei was trading 0.65 pct lower at 21,038.49...