Australian dollar likely to end 2018 at 74 US cents, end 2019 at 76 US cents: St George Economics

Jul 12, 2018 04:43 am UTC| Commentary Economy

The Australian dollar is expected to end this year at 74 US cents and end 2019 at 76 US cents, according to the latest research report from St. George Economics. A multitude of factors have placed downward pressure on the...

UK May GDP data points to a pick-up in growth in Q2; Will it convince BoE for rate hike in August?

Jul 11, 2018 12:14 pm UTC| Insights & Views Economy Central Banks

UK GDP grew by 0.2 percent in the three months to May, the same pace as the first three months of the year. The monthly GDP estimate, a more volatile measure, showed growth of 0.3 percent during the month, up from 0.2...

Flatter yield curve, Fed Funds rates close to "neutral" likely to slower pace of tightening in 2019: Wells Fargo Economics

Jul 11, 2018 10:37 am UTC| Commentary Economy

GDP growth looks to have roared back after a soft first quarter. A sharp narrowing in the trade deficit and pickup in consumer spending have propelled the estimate of Q2-GDP to 4.7 percent, according to the latest research...

Global Geopolitical Series: U.S. tariffs likely hit China’s gluttonous commodity appetite

Jul 11, 2018 08:51 am UTC| Commentary Economy

Reports have come out suggesting that the Trump administration, as promised, is preparing for the next round of tariffs on Chinese goods worth $200 billion. The duo has already fired 25 percent tariffs on $34 billion worth...

EUR/USD likely to trade at around 1.25 by year-end, says Lloyds Bank

Jul 11, 2018 08:23 am UTC| Commentary Economy

The euro has extended its losses against the US dollar, to the tune of almost 6 percent since mid-April (1.24). Political uncertainty in Italy and Germany, a dovish European Central Bank (ECB), hawkish Federal Reserve...

EUR/USD likely to trade at around 1.25 by year-end, says Lloyds Bank

Jul 11, 2018 08:23 am UTC| Commentary Economy

The euro has extended its losses against the US dollar, to the tune of almost 6 percent since mid-April (1.24). Political uncertainty in Italy and Germany, a dovish European Central Bank (ECB), hawkish Federal Reserve...

New Zealand bonds close flat in muted trading week; U.S. Treasuries jump ahead of JOLTs data

Jul 11, 2018 06:42 am UTC| Commentary Economy

New Zealand bonds closed flat Tuesday as investors remained muted amid lack of economically significant data throughout this week. However, the United States counterpart jumped ahead of the labour market data scheduled for...