USD/TRY likely to stabilize at around 4.00 by late-2018, says Commerzbank

Mar 22, 2018 08:32 am UTC| Commentary Economy

The USD/TRY currency pair is expected to stabilize at around 4.00 level by the end of this year, according to the latest research report from Commerzbank. The lira appeared to stabilize yesterday as the USD retreated ahead...

Australian employment extend gains in February; wage pressures to remain muted on labour market spare capacity

Mar 22, 2018 06:59 am UTC| Commentary Economy

Australias Employment rose again in February, extending the record string of jobs gains. The rise in both the unemployment and underemployment rates was, however, quite disappointing. The strength in the jobs market is...

FxWirePro: Retail sales report is focus as pound remains upbeat after better unemployment report

Mar 22, 2018 06:29 am UTC| Commentary

The pound is up against the dollar considerably since 2017 but its performance has been relatively weak compared to its other major trading partners. Since 2017, the pound has increased by 17.9 percent but the single...

New Zealand bonds gain at close after RBNZ Acting Governor Spencer hints at uncertainties, fails to surprise markets

Mar 22, 2018 06:21 am UTC| Commentary Economy

New Zealand government bonds gained at the times of closing Thursday after the Reserve Bank of New Zealands (RBNZ) Acting Governor Grant Spencer hinted that a number of uncertainties continue to hover and the central bank...

RBNZ monetary policy: Assessing future bias

Mar 22, 2018 05:57 am UTC| Commentary Central Banks

Reserve bank of New Zealand (RBNZ) kept monetary policy unchanged with rates at 1.75 percent. Lets see in the monetary policy, how the bias stands for future actions, The outlook for global growth continues to...

FOMC Monetary Policy March 2018: Assessing future bias from statement and projection materials

Mar 22, 2018 05:44 am UTC| Commentary Central Banks

As expected, the policymakers at FOMC hiked interest rates by 25 basis points at yesterdays meeting. Current Federal funds rate target 150-175 basis points. Lets first assess the bias in monetary policy statement...

JGBs gain as manufacturing PMI falls to 9-month low in February

Mar 22, 2018 04:48 am UTC| Commentary Economy

Japanese government bonds gainedThursdayafter manufacturing PMI declined to nine-month low for the month of February. The yield on the benchmark 10-year Treasury note, which moves inversely to its price, fell 1/2 basis...