Australian bonds slump following weakness in the U.S. Treasuries; US Q3 GDP data in focus
Oct 27, 2017 02:46 am UTC| Commentary Economy
Australian government bonds slumped on the last trading day of this week following weakness in the U.S. Treasuries on speculation that the new Federal Reserve Chair will be hawkish. The yield on the benchmark 10-year...
U.S. Treasuries jump ahead of initial jobless claims, FOMC member Kashkari’s speech
Oct 26, 2017 11:07 am UTC| Commentary Economy
The U.S. Treasuries jumped Thursday ahead of the countrys initial jobless claims, scheduled to be released today by 12:30GMT. Also, investors will look forward to FOMC member Neel Kashkaris speech and the 7-year note...
Korea growth momentum likely to ease temporarily and notably in Q4 this year, says DBS Bank
Oct 26, 2017 09:52 am UTC| Commentary Economy
South Korea growth momentum is expected to ease temporarily and notably in Q4 this year. This is because manufacturers have front-loaded production and shipments ahead of the October long holiday. The unfavorable calendar...
German bunds gain ahead of ECB’s monetary policy decision
Oct 26, 2017 08:49 am UTC| Commentary Economy
The German bunds traded range-bound Thursday as markets maintained caution ahead of the European Central Banks (ECB) monetary policy decision, to be unveiled today by 11:45GMT. The ECB is unlikely to make any alterations...
Yuan likely to trade in range between 6.50-6.70 with strengthening bias, says Scotiabank
Oct 26, 2017 06:36 am UTC| Commentary Economy
The Chinese yuan is expected to trade range-bound between 6.50 and 6.70 with a strengthening bias prior to US President Donald Trumps visit to China set for November 8-10. The yuans implied volatility has been rising along...
New Zealand bonds close higher after trade deficit widens in September
Oct 26, 2017 05:57 am UTC| Commentary Economy
The New Zealand bonds closed higher Thursday after the countrys trade deficit for the month of September widened as compared to that in August, thus wooing investors away from riskier assets. At the time of closing, the...
FxWirePro: The Day Ahead- 26th October 2017
Oct 26, 2017 04:21 am UTC| Commentary Economy
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Terms of trade improves in the third quarter as import price declines by 1.6...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight