U.S. Treasuries rise as investors await December CPI, FOMC member Williams’ speech
Jan 14, 2020 11:40 am UTC| Commentary Economy
The U.S. Treasuries remained tad higher during Tuesdays afternoon session ahead of the countrys consumer price inflation (CPI) for the month of December, scheduled to be released today by 13:30GMT and FOMC member Williams...
USD/TRY likely to rise sharply over coming quarters, says Commerzbank
Jan 14, 2020 11:05 am UTC| Commentary Economy
The USD/TRY currency pair is expected to rise sharply over the coming quarters amid Turkeys long-term imbalances still proactively alive, according to the latest research report from Commerzbank. Once the US-Iran...
Turkish industrial production rises below expectations in November
Jan 14, 2020 10:43 am UTC| Commentary
Turkish industrial production rose below expectations in November. According to the Turkish Statistical Institute, the industrial production grew 5.1 percent year-on-year in the month, a rise from 3.8 percent. Consensus...
Gold eases to near 2-week low ahead of U.S.-China trade deal
Jan 14, 2020 09:14 am UTC| Commentary
Gold eases to near 2-week low ahead of U.S.-China trade deal Gold prices plunged to their lowest in nearly two weeks as stronger-than-expected Chinese economic data and the imminent signing of a preliminary U.S.-China...
Australia’s ANZ-Roy Morgan consumer confidence gains 1 pct, owing to strength in economic conditions
Jan 14, 2020 07:35 am UTC| Commentary Economy
Australias ANZ-Roy Morgan consumer confidence gained 1 percent last week, recovering a bit more than half the loss seen in the prior survey. The bounce was primarily due to strength in the economic conditions sub-indices,...
India FY21 fiscal deficit target to be 3.6 pct of GDP; income tax cuts on table
Jan 14, 2020 06:32 am UTC| Commentary Economy
India is expected loosen its purse strings and raise its borrowing target in the federal budget on February 1 as a slowing economy and a severe job crisis puts the Modi government under immense pressure to boost...
Jan 14, 2020 04:19 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to leave its policy rate unchanged at 1.25 percent on Friday morning, while keeping the door open to additional monetary easing, according to the latest research report from...