Turkish sectoral confidence indices rise in January
Jan 27, 2020 12:58 pm UTC| Commentary
Turkish sector confidence indices rose in the month of January. According to the Turkish Statistical Institute, the seasonally adjusted confidence index rose 2.2 percent in services as well as retail trade sectors. In the...
German Ifo business climate falls surprisingly in January, GDP likely to grow 0.8 pct in 2020
Jan 27, 2020 11:05 am UTC| Commentary
The Ifo business climate for the German economy dropped surprisingly in January. The index fell to 95.9 from Decembers 96.3, as compared with consensus expectations of a rise to 97. This was the first fall since August,...
FxWirePro: Asian markets in red, gold spikes up in early Asia
Jan 27, 2020 04:23 am UTC| Commentary
All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,580 mark while silver was trading around $18.20 mark. Japans Nikkei was trading 1.83 pct lower at 23,390.50...
Canadian retail sales rise above expectations in November
Jan 24, 2020 16:54 pm UTC| Commentary
Canadian retail sales rose 0.9 percent in the month of November after an upwardly revised 1.1 percent fall in the prior month. The November print came in above consensus expectations of a 0.6 percent rise and is the...
U.K. flash IHS Markit manufacturing and services PMI indices rise sharply in January
Jan 24, 2020 13:45 pm UTC| Commentary
The U.K. flash Manufacturing PMI index rose solidly in the month of January to 49.8 from Decembers 47.5. This is the highest since April 2019 and just marginally below the neutral 50.0 threshold. Todays print hinted at a...
Singaporean industrial production contracts year-on-year in December, rises sequentially
Jan 24, 2020 12:57 pm UTC| Commentary
Singapores industrial production dropped year-on-year in December; however, it recovered on a sequential basis. On a year-on-year basis, the industrial output fell 0.7 percent, but rose 4.1 percent sequentially. Consensus...
U.S. Treasuries steady ahead of January manufacturing, composite PMIs
Jan 24, 2020 12:00 pm UTC| Commentary Economy
The U.S. Treasuries remained steady during Fridays afternoon session ahead of the countrys manufacturing and composite PMI for the month of January, scheduled to be released today by 14:45GMT, amid an otherwise, muted...