Forex
19/5/2014 10:00 am
New Zealand’s dollar rose against all its 16 major peers as signs of a strengthening economy supported the case for the central bank to keep tightening policy.
Aberdeen Asset Management Plc, Mirae Asset Management Co. and Nomura Holdings Inc. predict the rupee will extend a world-beating rally as India’s clearest election verdict in three decades boosts confidence.
Chile’s peso led gains in Latin America amid speculation that Abbott Laboratories’s $2.9 billion purchase of the nation’s biggest drugmaker will bolster the flow of dollars in the local foreign-exchange market.
Brazil’s economic activity contracted in March for the first time this year as above target inflation curbs demand.
Foreign investors reduced their holdings of Canadian securities in March, the first decline in three months, as the government reduces the supply of money-market paper.
Five-year euro interest-rate swaps are outperforming surrounding maturities as the debt proves to be the focal point of rising investor expectations for further European Central Bank stimulus.
Malaysia’s ringgit led gains in Asian currencies and the benchmark stock index headed for a record close after the nation’s economic growth and current-account surplus beat forecasts.
Chile’s central bank kept borrowing costs unchanged for the second straight month as the inflation rate reached a five-year high and economic growth a near five-year low.
Brazil’s swap rates extended their fifth straight weekly decline after the economy shrank in March for the first time this year, adding to speculation that the central bank will limit further increases in borrowing costs.
India’s rupee climbed to an 11-month high, after last week’s 2.1 percent rally that was the world’s best performance, as the nation’s clearest election results in three decades boosted investor confidence.
The most aggressive foreign buyers of U.S. government debt see little reason to turn bearish after the biggest gains in longer-term Treasuries for two decades.
Indonesia’s rupiah led gains in Asia and stocks rose on speculation presidential frontrunner Joko Widodo is assembling a coalition capable of winning the election and pushing through reforms
19/5/2014 10:00 am
New Zealand’s dollar rose against all its 16 major peers as signs of a strengthening economy supported the case for the central bank to keep tightening policy.
Aberdeen Asset Management Plc, Mirae Asset Management Co. and Nomura Holdings Inc. predict the rupee will extend a world-beating rally as India’s clearest election verdict in three decades boosts confidence.
Chile’s peso led gains in Latin America amid speculation that Abbott Laboratories’s $2.9 billion purchase of the nation’s biggest drugmaker will bolster the flow of dollars in the local foreign-exchange market.
Brazil’s economic activity contracted in March for the first time this year as above target inflation curbs demand.
Foreign investors reduced their holdings of Canadian securities in March, the first decline in three months, as the government reduces the supply of money-market paper.
Five-year euro interest-rate swaps are outperforming surrounding maturities as the debt proves to be the focal point of rising investor expectations for further European Central Bank stimulus.
Malaysia’s ringgit led gains in Asian currencies and the benchmark stock index headed for a record close after the nation’s economic growth and current-account surplus beat forecasts.
Chile’s central bank kept borrowing costs unchanged for the second straight month as the inflation rate reached a five-year high and economic growth a near five-year low.
Brazil’s swap rates extended their fifth straight weekly decline after the economy shrank in March for the first time this year, adding to speculation that the central bank will limit further increases in borrowing costs.
India’s rupee climbed to an 11-month high, after last week’s 2.1 percent rally that was the world’s best performance, as the nation’s clearest election results in three decades boosted investor confidence.
The most aggressive foreign buyers of U.S. government debt see little reason to turn bearish after the biggest gains in longer-term Treasuries for two decades.
Indonesia’s rupiah led gains in Asia and stocks rose on speculation presidential frontrunner Joko Widodo is assembling a coalition capable of winning the election and pushing through reforms
