Italian industrial sales remain unchanged sequentially in November, new orders index falls 0.3 pct
Jan 22, 2020 11:55 am UTC| Commentary
Italian industrial turnover index continued to be the same in November. According to the official statistical office, Istat, the seasonally adjusted turnover index remained unchanged sequentially. The domestic market and...
U.S. Treasuries jump ahead of 10-year TIPS auction, initial jobless claims
Jan 22, 2020 11:35 am UTC| Commentary Economy
The U.S. Treasuries steadied during Wednesdays afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the countrys 10-year TIPS auction and initial jobless claims,...
Bank Negara Malaysia unexpectedly cuts interest rate by 25 bps
Jan 22, 2020 10:56 am UTC| Commentary Central Banks
Malaysian central bank, Bank Negara Malaysia, unexpectedly lowered its Overnight Policy Rate by 25 basis points to 2.7 percent. The consensus expectation was to keep the interest rate on hold at 3 percent. This is the...
UK gilts remain tad higher ahead of January flash PMIs
Jan 22, 2020 10:47 am UTC| Commentary Economy
The United Kingdoms gilts remained tad higher during European trading hours Wednesday ahead of the countrys flash PMIs for the month of January, scheduled to be released on January 24 by 09:30GMT. The yield on the...
German bunds flat in silent session ahead of ECB’s monetary policy meeting
Jan 22, 2020 09:56 am UTC| Commentary Economy
The German bunds remained flat during European trading session Wednesday ahead of the European Central Banks (ECB) monetary policy meeting, scheduled to be held on January 23 by 12:45GMT. The German 10-year bond yield,...
BI likely to stay pat on Jan 23, closely monitor recent performance of IDR: ING Economics
Jan 22, 2020 07:40 am UTC| Commentary Central Banks Economy
Bank Indonesia (BI) is expected to keep rates unchanged at its monetary policy meeting on January 23, with monetary authorities closely monitoring the recent performance of the IDR, according to the latest research report...
Malaysian inflation likely to rise over coming months, says ANZ Research
Jan 22, 2020 07:05 am UTC| Commentary Economy
Malaysian inflation is expected to rise in the coming months due to a low bas despite the delay on floating RON95 grade petrol prices, according to the latest report from ANZ Research, after having picked up to 1.0 percent...