USD/JPY likely to close 2017 at 117, says Scotiabank
May 08, 2017 10:55 am UTC| Commentary Economy
The Japanese yen (JPY) continues to reflect shifts in global investor sentiment and relative monetary policies. Perceptions of Japans sovereign creditworthiness have improved. During the end of April, Fitch Ratings...
UK gilts slide ahead of BoE’s monetary policy meeting, March manufacturing production
May 08, 2017 10:05 am UTC| Commentary Economy
The UK gilts slid Monday as investors wait to watch the Bank of Englands (BoE) monetary policy meeting, scheduled to be held on May 11. Also, the countrys manufacturing production for the month of March will be eyed for...
German bunds gain on higher investor preference over French bonds post Macron’s victory
May 08, 2017 08:47 am UTC| Commentary Economy
The German bunds gained Monday as investors showed higher buying preference in exchange for the sale of French bonds after the significant victory of Far Right candidate Emmanuel Macron in the overnight French elections....
May 08, 2017 07:45 am UTC| Commentary Economy
The full-year gross domestic product (GDP) of Indonesia is seen at 5.1 percent, down from the earlier forecast of 5.3 percent, given the slightly underwhelming GDP data for the first quarter of this year. Sustained...
ECB unlikely to raise rates this year or next despite Macron’s victory, says Commerzbank
May 08, 2017 06:39 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected not to raise its benchmark interest rate either this year or next despite the mesmerising victory achieved by Emmanuel Macron at the French election held yesterday. So far,...
New Zealand bonds close mixed ahead of RBNZ’s monetary policy decision
May 08, 2017 06:03 am UTC| Commentary Economy
The New Zealand bonds ended the first trading session of the week on a slightly mixed tone as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May...
Australian bonds plunge post Macron’s win in French election as riskier assets take lead
May 08, 2017 05:11 am UTC| Commentary Economy
The Australian government bonds plunged on the first trading day of the week as investors moved away from safe-haven assets, following the expected victory of Emmanuel Macron in the French election held over the weekend....
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