Bank of Thailand keeps key policy rate on hold at 0.50 pct
Nov 18, 2020 12:30 pm UTC| Commentary Central Banks
The Thai central bank stood pat today during its meeting, as expected. In a unanimous decision, the policy rate was kept on hold at 0.50 percent. This meeting was the first under Governor Sethaput SuthiwartNarueput and the...
Gold prices ease as vaccine hopes offset worries about second coronavirus wave
Nov 17, 2020 07:11 am UTC| Commentary
Gold prices edged lower as optimism over positive developments around a second possible COVID-19 vaccine offset investor concerns over spiking coronavirus cases globally. Spot gold traded down at $1,888.18 per ounce by...
Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020
Nov 16, 2020 14:22 pm UTC| Commentary
Chinese economic activity data continued to show improvement in October, bolstering the view that the GDP will grow above 5.5 percent year-on-year in the fourth quarter, noted ANZ in a research report. Consumption growth...
Malaysian economic growth rebounds in Q3 2020 on household consumption, exports
Nov 13, 2020 15:55 pm UTC| Commentary
Malaysian third quarter GDP saw a stellar recovery in the September quarter, owing to household consumption and exports. On a quarter-on-quarter basis, the GDP grew 18.2 percent, as compared with market expectations of a...
Gold steadies amid concerns over rising virus cases
Nov 11, 2020 07:49 am UTC| Commentary
Gold prices rose, supported by a softer dollar, while concerns about surging COVID-19 cases in the United States and logistical challenges over the mass roll-out of a potential vaccine further bolstered the safe-haven...
Danish headline inflation eases in October, likely to reach 0.8 pct in 2021
Nov 10, 2020 14:57 pm UTC| Commentary
Denmarks inflation eased to 0.4 percent year-on-year in October from Septembers 0.6 percent. In spite of the fall, Danish inflation remains above the euro area a pattern that is expected to continue into next year, stated...
Nov 10, 2020 13:06 pm UTC| Commentary
The U.K. labor market deteriorated further, according to the latest monthly ONS report. In the three months to September, the level of employment dropped 164k in the third quarter, driven by a record quarterly rise in...
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