Australian bonds suffer tracking U.S. peer on renewed hopes of U.S.-China trade deal

Jan 14, 2020 02:37 am UTC| Commentary Economy

The Australian bonds suffered during Asian session of the second trading day of the week Tuesday, tracking a similar movement in the U.S. Treasuries as investors placed bullish bets on hopes of a U.S.-China trade deal,...

U.S. consumer price inflation likely to have accelerated in December on higher gasoline prices

Jan 13, 2020 18:38 pm UTC| Commentary

The U.S. consumer price inflation data for the month of December is set to release tomorrow. According to a TD Economics research report, the headline inflation is expected to have accelerated to 0.3 percent sequentially...

U.S. NFIB small business optimism index likely rose marginally in December

Jan 13, 2020 17:29 pm UTC| Commentary

U.S. small business optimism is likely to receive a boost from the Phase I trade deal with China, which was announced by the Office of the U.S. Trade Representative on 13 December, noted Wells Fargo in a research...

Chinese exports growth to have rebounded in December, industrial output likely grew

Jan 13, 2020 17:28 pm UTC| Commentary

The Chinese economic activities are likely to have stabilized slightly in December, according to a DBS Bank research report. The NBS Manufacturing PMI index remained in the expansion zone of 50.2 for two straight months....

Japanese economy likely to remain in “stationary state” in 2020 - Barclays

Jan 13, 2020 15:44 pm UTC| Commentary

The Japanese economy is expected to stay in a stationary state in 2020 with growth trending around potential at +0.5~+0.8 percent, said Barclays in a research report. Even if the economy and prices might continue to face...

Indian CPI inflation surpasses upper limit of RBI’s target band in December, likely to remain elevated in January

Jan 13, 2020 13:57 pm UTC| Commentary

Indias consumer price inflation accelerated above the upper limit of the RBIs target band of 2-6 percent in December, the first time since July 2016. On a year-on-year basis, the headline inflation accelerated to 7.35...

Italian retail sales grow year-on-year in November

Jan 13, 2020 13:20 pm UTC| Commentary

Italian retail trade data for the month of November was released today. The official statistical office, ISTAT, showed that the estimates of retail trade continued to fall sequentially in the month, dropping 0.2 percent in...