Australian bonds mixed on optimism over U.S.-China trade deal; U.S. yields close at record high

Dec 17, 2019 04:35 am UTC| Commentary Economy

The Australian bonds remained mixed during Asian session of the second trading day of the week Tuesday following optimism over the U.S.-China trade deal that pushed stocks to close at record-highs in the overnight...

Canadian manufacturing sales likely to have grown softly in October

Dec 16, 2019 19:06 pm UTC| Commentary

Canadian manufacturing sales data for the month of October is set to release tomorrow. According to a TD Economics research report, the manufacturing sales are likely to have risen 0.1 percent in October as a huge drag...

Hong Kong’s jobless rate likely rose further in November, inflation to have accelerated

Dec 16, 2019 18:33 pm UTC| Commentary

Hong Kongs labor market data is set to release tomorrow. According to a DBS Bank research report, the jobless rate is likely to have risen further in November to 3.3 percent from Octobers 3.1 percent in the midst of...

Canadian existing home sales rise in November, likely to rise in 2020

Dec 16, 2019 17:07 pm UTC| Commentary

Canadian existing home sales rose 0.6 percent in November. The number of local markets where sales rose versus fell almost evenly split. The data throughout regions came in mixed. In B.C. sales rose 5.7 percent, owing to...

U.S. manufacturing sector’s activity continues to expand in December

Dec 16, 2019 16:06 pm UTC| Commentary

U.S. manufacturers saw a widely similar growth in December as was recorded in November, as hinted by just a marginal fall in the IHS Markit index. The flash manufacturing PMI index dropped to 52.5 from Novembers 52.6 in...

Indian inflation likely to ease from Q2 2020, RBI unlikely to ease monetary policy next year

Dec 16, 2019 15:07 pm UTC| Commentary

Indias early economic data for November combined with October data indicated some green shoots, noted ANZ in a research report. Most of the good news was seen in consumption indicators where a rise in diesel and petrol and...

Italian consumer price index falls sequentially in November

Dec 16, 2019 13:31 pm UTC| Commentary

Italian consumer price index dropped in the month of November. Sequentially, CPI inflation dropped 0.2 percent. On a year-on-year basis, the headline inflation eased to 0.2 percent from 0.4 percent. The stability of the...