German bunds slump ahead of ECB President Draghi’s speech, October employment report

Oct 28, 2019 10:09 am UTC| Commentary Economy

The German bunds slumped during European session Monday ahead of the European Central Bank (ECB) President Mario Draghis speech, scheduled to be delivered today by 15:00GMT and the countrys labour market report for the...

Central Bank of Russia likely to cut rates further in 2019, USD/RUB likely to trade lower towards 61 in 2020

Oct 28, 2019 08:39 am UTC| Commentary

Russian policymakers, one month ago, were hinting that the pace of rate cuts might decelerate as rates had been lowered enough. However, their minds seemed to have changed after the last two CPI prints. Last week, the...

French September unemployment exceptionally declines; likely to drop to 7.9 pct at start of 2020, says ING Economics

Oct 28, 2019 08:20 am UTC| Commentary Economy

Frances unemployed population fell by 46,600 in September. In this respect, the third quarter was the best since 2007. However, if strikes were to increase in number, they could shorten what remains of positive momentum...

FOMC likely to cut target rates by 25bp at the October meeting, third successive easing: ANZ Research

Oct 28, 2019 08:05 am UTC| Commentary Central Banks Economy

The Federal Reserve is expected to cut its target rates by 25bp at the October meeting, which would be its the third successive rate cut. This would take policy slightly more accommodative. The move seems justified in...

Finish consumer confidence index deteriorates further in October

Oct 28, 2019 06:50 am UTC| Commentary

The Finish consumer confidence indicator dropped further in October. Statistics Finland showed that the consumer confidence index dropped to -6.6 in October from Septembers -4.2. In October 2018, the CCI received the value...

Australian bonds remain tad higher ahead of RBA Governor Lowe’s speech, Q3 CPI

Oct 28, 2019 05:50 am UTC| Commentary Economy

The Australian government bonds remained tad higher during Asian session of the first trading day of the week Monday ahead of the Reserve Bank of Australia (RBA) Governor Philip Lowes speech, scheduled to be delivered on...

University of Michigan consumer confidence index remains elevated, Fed likely to cut rates next week

Oct 25, 2019 18:36 pm UTC| Commentary

U.S. consumers continue to focus on job and income growth, both of which remain favourable. Inflation expectations continue to be muted, which underpin a likely Fed rate cut next week. The University of Michigan...