EM Asian currencies to advance further on concerns over U.S. Treasury’s Monitoring List, says Scotiabank

Oct 25, 2019 08:50 am UTC| Commentary Economy

The emerging market Asian currencies are expected to advance further on concerns over being placed on or added to the so-called Monitoring List by the US Treasury Department, as the DXY Index is expected to resume its...

US-CFTC announces renovation of its FinTech arm LabCFTC and Primer on AI for financial markets

Oct 25, 2019 07:13 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

As scheduled, the Fintech Forward 2019has been held at the CFTCs headquarters in Washington, DC on October 24th, 2019.At this event, the LabCFTC was lined-up to discuss the impact of derivatives on Crypto-Asset,...

BoJ likely to keep policy rate and yield curve control unchanged at next policy meet, says Danske Bank

Oct 25, 2019 05:48 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is expected to keep the policy rate and yield curve control unchanged at the next monetary policy meeting ending on Thursday, October 31. However, it is set to make great efforts to highlight its...

FxWirePro: Asian markets slightly down, gold back above $1,500 mark

Oct 25, 2019 05:10 am UTC| Commentary

All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,502 mark while silver was trading around $17.83 mark. Japans Nikkei was trading 0.02 pct higher at 22,755.50 points. Hang...

U.S. headline durable goods orders fall sequentially in September

Oct 24, 2019 18:50 pm UTC| Commentary

U.S. headline durable goods orders dropped in the month of September. Sequentially, durable goods fell 1.1 percent after an upwardly revised 0.3 percent gain seen in the prior month. The top line was slightly weaker than...

Euro area’s October flash purchasing managers’ indices indicate continued weak economic growth in H2 2019

Oct 24, 2019 16:20 pm UTC| Commentary

The purchasing managers index of euro area was released earlier today. It indicates that the euro area economy is likely to grow only slightly in the second half of 2019, noted Commerzbank in a research report. The...

Norges Bank stands pat, interest rates likely to stay unchanged in December

Oct 24, 2019 15:15 pm UTC| Commentary Central Banks

The Norwegian central bank, Norges Bank, kept its key interest rate on hold today, as was expected. The central banks statement indicates no change in its view. With no new rate path and only a statement being released,...