Philippine economic growth accelerates in Q4 2019 on strong public consumption and investment

Jan 23, 2020 11:09 am UTC| Commentary

Philippine economic growth accelerated to 6.4 percent year-on-year in the fourth quarter from 6 percent seen in the prior month, owing to the strengthening public consumption and investment. On a quarter-on-quarter basis,...

German bunds jump ahead of ECB’s monetary policy meeting

Jan 23, 2020 10:27 am UTC| Commentary Economy

The German bunds jumped during European trading session Thursday ahead of the European Central Banks (ECB) monetary policy meeting, scheduled to be held today by 12:45GMT, followed by the banks press conference, due at...

BNM likely to ease monetary policy again this year, says Capital Economics

Jan 23, 2020 09:30 am UTC| Commentary Central Banks Economy

Bank Negara Malaysia (BNM) is expected to ease monetary policy again later this year, after having already cut its policy rate from 3.00 percent to 2.75 percent, and with growth set to slow further over the next couple of...

Australian December employment progresses beyond estimates, drags unemployment rate down

Jan 23, 2020 06:41 am UTC| Commentary Economy

Australias employment report for the month of December showed a sharp progress, crossing market expectations as well, which in turn, dragged the unemployment rate down, thereby, reinforcing the RBAs view that the...

Digital Currency Revolution

Ex-CFTC Chairperson Divulges Digital Dollar Project & Its Purpose At Davos

Jan 23, 2020 06:40 am UTC| Research & Analysis Digital Currency Commentary

There has been a budding trend of central bank digital currency (CBDC) across the globe. Yesterday, the farmer CFTC chairman, Mr. Christopher Giancarlo clarified about the Digital Dollar project to be entrusted with an...

Most Asian markets in red, gold hovers around $1,560 mark

Jan 23, 2020 05:08 am UTC| Commentary

Most of the major Asian indices were trading on a red note on Thursday. Gold was trading around $1,558 mark while silver was trading around $17.77 mark. Japans Nikkei was trading 0.97 pct lower at 23,796.50...

Australian bonds mixed on better-than-expected December employment report

Jan 23, 2020 03:40 am UTC| Commentary Economy

The Australian bonds traded mixed during Asian session Thursday after the countrys employment report for the month of December exceeded market expectations, amid the increase in the number of cases and geographical spread...