UK gilts surge after August consumer price inflation disappoints investors; BoE’s policy decision in focus
U.S. Treasury yields slump on hopes of 25bp Fed rate cut; Chair Powell’s post-conference speech eyed
India unlikely to witness recovery in consumption or investment growth owing to sluggish demand, says ANZ research
Likelihood of RBA adopting alternative policy measures rises with cash rate getting closer to effective lower bound, says ANZ Research
BoE likely to maintain guidance for gradually higher rates as long as Brexit has not been clarified, says DNB Markets
FxWirePro: Asian markets start a new week on higher note, gold trades flat at $1,508 mark
All the major Asian indices were trading on a higher note note on Monday. Gold was trading around $1,508 mark while silver was trading around $17.02 mark.
Japan’s Nikkei was trading 0.86 pct higher at 20,544.50 points.
Australia’s S&P/ASX200 was trading 0.72 pct higher at 6,451.55 points.
Hong Kong's hang seng index was trading 1.70 percent higher at 26,172.48 points.
Taiwan stock was trading 0.90 percent higher at 10,513.44 points.
South Korea’s kospi was trading 0.73 percent higher at 1,941.06 points.
India’s NSE Nifty was trading 0.38 pct higher at 11,087.95 points while BSE sensex was trading 0.40 points lower at 37,494.78 points.