Canadian Dollar Rises As Oil Prices Advance The Canadian dollar strengthened against most major currencies in the early European session on Monday, as oil prices rebounded from last week's decline. Investors focus on the OPEC's meeting next month to discuss proposal to freeze output...
Indian Bond Yields Fall on Expectation of Lower Lending Rate The 10-year Indian bond yields declined -0.05% on Monday as the government’s move to cut the small savings rate by 0.6% to 1.3%. Moreover, the Reserve Bank of India is also expected to cut interest rates by at least 0...
Australian Bonds to Weaken Further on fED Rate Hike Expectation The Australian bond market is weaker and it is expected to weaken further as investors continue to absorb the U.S. Fed's interest rate outlook. Meanwhile, the benchmark 10-year bond yield closed lower -0.39% on Thursday...
No Plans to Refinance Older JGBs – Japan’s Aso Japanese Finance Minister Mr. Taro Aso crossed the wires via Reuters on Monday, commenting on the JGBs refinance plans. However, he provided no hints on further BOJ easing any time soon...
Fed’s Williams – Rate Hikes Likely This Year San Francisco Federal Reserve President John Williams reiterated his view that rate hike are likely this year if data trends continue to show sold US economic growth...
USD Seen Picking Up Pace – BBH In the opinion of analysts at BBH, the greenback is expected to gather further traction in the next periods. Key Quotes “One of technical factor that emerged last week was the beginning of the correction of the dollar's losses”...
US: September Quarter to Be the Likely Timing of the Next Fed Funds Rate Hike - BNZ Research Team at BNZ, have recently changed their view on the likely timing of the next fed funds rate, moving it to the September quarter 2016...
US Pending Home Sales Likely to Rebound in February - Nomura Research Team at Nomura, notes that the US housing market activity has been choppy in recent months after steady gains for the better part of 2015...
FXWIREPRO: US Oil Faces Strong Resistance Around $40, Good to Buy at Dips Major resistance - $40 (trend line joining $41.85 and $41.22) Major support - $38 The commodity has made a slight jump till $40.01 at the time of writing and slightly declined from that level...
U.S Treasury Falls on Stronger Than expected 4Q GDP Data The 10-year U.S. Treasury yield was down 3 bps to 1...
US Economy on a Path of Recovery – BNZ Research Team at BNZ, suggests that after a soft end to 2015, US activity indicators have stabilised or shown improvement...
Springtime in Emerging Markets – Danske Bank Research Team at Danske Bank, suggests that one of the most striking features so far of 2016 has been the relative strength of Emerging Market (EM) currencies which has happened over a period when other risky assets generally plummeted...
EUR/USD Wobbles Near 1.1170, US Data Eyed The common currency is looking to extend the rebound from overnight troughs vs. the dollar, now sending EUR/USD to the 1.1165/70 band...
China’s Pension Fund May Start Buying Stocks This Year- China Daily The state-run China Daily reported via CNBC this Monday that China's massive pension fund is mulling over investment plans in the mainland's A-shares this year, a move which could see 600 billion Chinese yuan ($92...
US Treasury Yields Rise on Upward Revision of US Q4 GDP Treasury prices in the US dropped, pushing the yields higher after the data released on Friday revised Q4 GDP higher, largely in the back of strong personal consumption...
US: PCE Deflator and Personal Income and Spending Data Today - Nomura Research Team at Nomura, notes that the US employment grew at a faster pace in February than in January but the average hourly earnings retreated in February, falling by 0.1...
Small increases expected in spending and income. On Monday at 8:30 a.m., the Commerce Department will report new data on personal consumption and income for February. Economists expect a small increase of 0...
Japanese PM Abe Plans New Stimulus: Nikkei Japan’s daily, the Nikkei reported over the weekend that the Japanese PM Shinzo plans to announce a package of new spending measures on Tuesday to boost the economy...
Nikkei Leads Asian Stocks Higher on Easter Monday The Japanese and the Chinese stock markets kicked-off the week on a stronger footing amid thin trading as most Asian markets remain closed in observance of Easter Monday...
