Emerging economies likely to witness 5 pct average growth in next 2-years, says Danske Bank
Nov 14, 2017 08:22 am UTC| Commentary Economy
The emerging market economies are expected to witness an average growth of 5 percent over the next two years, according to a recent report from Danske Bank. While advanced economies should be happy to record an average...
Nov 14, 2017 06:47 am UTC| Commentary Economy
Just days after U.S. President Trump concluded his trip to China, where he received a lavish welcome, the U.S. state department announced final AD (Anti-Dumping Duty)/CVD (Countervailing Duty) on hardwood and plywood...
Fed Funds rate likely to reach 2-2.25 pct by end of next year, says Commerzbank
Nov 14, 2017 06:13 am UTC| Commentary Economy Central Banks
The Federal Open Market Committees (FOMC) October 31-November 1 monetary policy meeting brought the expected confirmation of Fed policy. The Fed left its funds target corridor at between 1.00 percent and 1.25 percent. The...
Nov 14, 2017 05:25 am UTC| Commentary Economy
New Zealand government bonds closed a tad lower in a quiet Tuesday trading session, although rising U.S. Treasury yields dragged the bonds prices lower. In addition, investors moved away from the safe-haven buying...
FxWirePro: The Day Ahead- 14th November 2017
Nov 14, 2017 04:25 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: National Australia banks business confidence index came at 8 in October and...
JGBs narrowly mixed in subdued trade; developments in U.S. Treasuries in focus
Nov 14, 2017 03:55 am UTC| Commentary Economy
Japanese government bonds traded narrowly mixed in quiet trading session as investors remained focused on the recent developments in the U.S. Treasury yields, although the big movements were limited as Nikkei 225 continued...
Australian bonds slump following weakness in U.S. Treasuries; two-year yields hit 9-year high
Nov 14, 2017 03:09 am UTC| Economy Commentary
Australian government bonds slumpedTuesdayfollowing weakness in the U.S. Treasuries after U.S. Treasury two-year note yields touched a fresh nine-year high as investors priced in an interest rate hike of 25 basis points by...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects