U.S. pending home sales surge above expectations in May, existing sales to rebound in months ahead
Jun 29, 2020 16:53 pm UTC| Commentary
U.S. pending home sales surged in the month of May on a sequential basis, but fell year-on-year. On a month-on-month basis, sales rose 44.3 percent, whereas it dropped 5.1 percent year-on-year. The sharp rise in sales...
Polish headline inflation likely slowed down further in June, PMI index to have rebounded slightly
Jun 29, 2020 16:20 pm UTC| Commentary
Polish flash inflation data for the month of June is set to release tomorrow. According to an Erste Group Research report, the flash inflation is expected to point towards further easing of inflationary pressure. We...
Turkish economic confidence index rises strongly in June
Jun 29, 2020 14:44 pm UTC| Commentary
Turkish economic confidence rises in the month of June. According to the Turkish Statistical Institute, the economic confidence index rose 19.1 percent to 73.5 in June to 61.7 in May. This rise in economic sentiment index...
Jun 29, 2020 12:59 pm UTC| Commentary
The German inflation rate surprisingly accelerated to 0.9 percent in June from Mays 0.6 percent, as compared with expectations of 0.6 percent. After the rebound of oil prices since April end, energy prices dropped markedly...
Swedish retail sales rise above expectations in May
Jun 26, 2020 13:57 pm UTC| Commentary
Swedish retail sales rose in the month of May and came above expectations. Nevertheless, it does not signify that total consumption is out of the woods. On a sequential basis, retail sales grew 0.5 percent, whereas they...
Gold set for third consecutive weekly gain amid surging coronavirus infections
Jun 26, 2020 08:48 am UTC| Commentary
Gold prices steadied and were headed for their third straight weekly gain amid worries about rising global cases of the novel coronavirus, although a firm dollar and gains in equities limited upside. Spot gold prices...
Jun 26, 2020 06:06 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The regulatory authorities across the globe have been very meticulous on the scope for fraudulent acts by the crypto-space. Especially, time and again, the U.S. SEC has always kept cautionary eye on the crypto regulation,...