Australian bonds nearly flat in muted trading ahead of December employment report

Jan 20, 2020 02:44 am UTC| Commentary Economy

The Australian bonds remained nearly flat during Asian session of the first trading day of the week Monday as investors remained side-lined in a muted session that witnessed data of little economic significance ahead of...

U.S. industrial production falls in December

Jan 17, 2020 17:51 pm UTC| Commentary

U.S. industrial production dropped more than expected in the month of December. On a sequential basis, industrial production fell 0.3 percent, as compared with consensus expectations of a fall of 0.2 percent and prior...

U.S. housing starts rise strongly above expectations in December

Jan 17, 2020 16:16 pm UTC| Commentary

Housing starts in the U.S. rose strongly in December. On a sequential basis, the housing starts grew 16.9 percent to 1.608 million units in the month from an upwardly revised 1.375 million units in the prior month....

European Central Bank likely to keep interest rates on hold next week

Jan 17, 2020 16:02 pm UTC| Commentary

The European Central Bank is set to meet next week for its policy decision. According to a Nordea Bank research report, the ECB is expected to keep its interest rates on hold during Lagardes second policy meeting. Focus...

Euro area’s construction output grows in November

Jan 17, 2020 14:19 pm UTC| Commentary

Euro areas construction output grew in the month of November. According to the first estimate of Eurostat, the seasonally adjusted production in the construction sector rose 0.7 percent as compared with the fall of 0.5...

Singaporean NODX recovers solidly in December, likely to continue to rebound in 2020

Jan 17, 2020 12:29 pm UTC| Commentary

Singapores NODX recovered strongly in the month of December. On a year-on-year basis, the NODX rose 2.4 percent, while it rose 1.1 percent sequentially. Bloomberg consensus forecast was for a fall of 1 percent year-on-year...

U.S. Treasuries narrowly mixed ahead of November JOLTs job openings, FOMC speeches

Jan 17, 2020 12:12 pm UTC| Commentary Economy

The U.S. Treasuries remained narrowly mixed during Fridays afternoon session ahead of the countrys JOLTs job openings data for the month of November, scheduled to be released today by 15:00GMT and FOMC members Harker and...