Fed remains on track to deliver more monetary easing measures, to undermine dollar in medium term: Scotiabank

Oct 23, 2019 07:43 am UTC| Commentary Central Banks Economy

The Federal Reserve remains on track to deliver more monetary easing measures that would undermine the dollar in the medium term, according to the latest research report from Scotiabank. The Feds dovish tone and falling...

NZ September trade deficit pegs back to $1.24 bln following large deficit in August

Oct 23, 2019 06:59 am UTC| Commentary Economy

New Zealands trade deficit for September was pegged back to $1.24 billion following a particularly large deficit the previous month. Exports lifted to $4.47 billion while imports were also stronger lifting to $5.71...

Australian bonds tad higher on Brexit details, U.S.-China trade uncertainties

Oct 23, 2019 05:36 am UTC| Commentary Economy

The Australian government bonds traded tad higher during Asian session Wednesday tracking a similar movement in the U.S. Treasuries following news on Brexit until the final exit on October 31 and China trade uncertainties....

FxWirePro: Most Asian markets in red, gold trades flat at $1,489 mark

Oct 23, 2019 04:48 am UTC| Commentary

Most of the major Asian indices were trading on a lower note on Wednesday. Gold was trading around $1,488 mark while silver was trading around $17.52 mark. Japans Nikkei was trading 0.21 pct higher at 22,596.50...

South Korean GDP growth likely to have decelerated in Q3 2019

Oct 22, 2019 19:06 pm UTC| Commentary

South Korean GDP growth data for the third quarter is scheduled to release tomorrow. According to a DBS Bank research report, GDP growth is likely to have decelerated to 3.5 percent from second quarters 4.2 percent. This...

Singaporean headline inflation likely to have remained unchanged at 0.5 pct in September

Oct 22, 2019 18:27 pm UTC| Commentary

Singaporean inflation data for the month of September is set to release tomorrow. According to a DBS Bank research report, the headline consumer price inflation is likely to have remained stable at 0.5 percent on a...

U.S. existing home sales fall in September

Oct 22, 2019 17:30 pm UTC| Commentary

U.S. existing home sales dropped in the month of September. Sales fell 2.2 percent sequentially to 5.38 million units. The outturn was much weaker than the consensus expectations of a fall of 0.7 percent. The fall was...