Risk-off sentiment extends into Asia on Wednesday, mainly due to the ongoing weakness in oil prices. As a result, the demand for safe-havens was on the rise while the risk-currencies traded in the red...
Research Team at NAB, suggests that although some of the risks hanging over global markets have abated, recent global economic growth and the outlook remains lacklustre...
Research Team at BBH, notes that many observers conclude OPEC is dead. Oh, its demise has been claimed before, but after the oil cartel failed to provide a quota (output goal) in last week's statement, the claim has been given new life...
The Australia’s, Q3 GDP figures were consistent with their view that the recovery across the non-mining recovery is broadening, and recent business survey results suggest this momentum continued into Q4...
Reported bitcoin 'founder' Craig Wright's home raided by Australian police Police have raided the home of an Australian tech entrepreneur identified by two investigations as one of the early developers of the digital currency bitcoin...
The stocks on the Asian bourses traded mixed on Wednesday, with the Japanese markets extending the previous sell-off on weaker cues from the Wall Street and European equities and lower oil prices...
As noted earlier, the uptick in price pressures was mainly driven by the health care, personal activities and transportation sector...
Analysts at Westpac got together and drew up and lost of key points for the key flow indicators for Australia and New Zealand. Key Quotes: "Japanese demand for A$ assets held up well in October as AUD/JPY stabilised around 85...
China sets Yuan central parity at 6.4140 vs 6.4078 Tuesday On Wednesday, the Chinese central bank, PBOC, sets USD/CNY reference rate at 6.4140 versus 6.4078 previous close, the highest levels since August 27...
The US oil keeps its recovery mode from almost seven-year lows on Wednesday and holds above $ 38 as markets remain wary ahead of fresh weekly supply reports from the EIA due later today. WTI: Bears take a breather from the recent rout Currently, WTI trades modestly flat at 38...
Analysts at ANZ explained the recent conditions surrounding AUD/USD. Key Quotes: "The AUD/USD came under pressure overnight as commodity prices tumbled. Oil made fresh cyclical lows, dragging down the commodity complex...
Analysts at ANZ noted the downturn in commodities. Key Quotes: "What’s behind the recent slippage in commodity prices...
Sean Callow, analyst at Westpac explained the key events ahead. Key Quotes: "The Westpac-MI consumer sentiment index will be released at 10:30am Syd/7:30am Sing/HK. The index printed at 101...
US stocks ended lower on Tuesday as oil prices continue to weigh on energy sector, as WTI posted fresh 6-year lows. The Dow Jones Industrial Average dropped 162.5 points, or 0.92%, to 17,568, after shedding as much as 245 points earlier in the session. The S&P 500 lost 13.48 points, or 0...
09.12.2015 00:30Investment Lending for Homes (October) Currency: AUD, Importance: Medium...
Gold recovered some ground on Tuesday, ending the day slightly higher at $1,075 an ounce while investors adopt a cautious stance ahead of the Federal Reserve decision on rates next week...
Analysts at Deutsche Bank explained that since October 2014, the Norges bank has cut the policy rate by 75 basis points, with the last easing in September of this year accompanied by a very aggressive revision to the repo rate forecast, implying an additional 24bp of easing and shifting out expec...
BoC Governor Stephen Poloz said the bank lowered its effective lower bound for Canada’s policy rate to around -0.5%. He said the BoC could adopt negative rates in the case of adverse shocks, but added such a move isn't now under consideration...
According to analysts from Brown Brothers Harriman the opposition victory in Sunday’s election in Venezuela is a potential game changer but the economic challenges and adjustments lie ahead...
Analysts at Nomura explained that Japanese investors’ foreign portfolio investment activity remained strong in November. Key Quotes: "The pace of foreign portfolio purchases slowed from the previous month, but foreign investment momentum remains strong...
