Italian industrial production index falls sharply in April

Jun 11, 2020 13:41 pm UTC| Commentary

Italian industrial production index dropped 19.1 percent month-on-month in the month of April, according to the official statistics office ISTAT. The change of the average of the last three months with respect to the...

Swedish CPIF inflation rebounds in May, price pressures likely to remain low in near future

Jun 11, 2020 13:12 pm UTC| Commentary

Swedish CPIF inflation came in at 0.0 percent on a year-on-year basis in May, as compared with consensus expectations of -0.4 percent and Riksbanks forecast of 0.4 percent. Excluding energy, CPIF came in at 1.2 percent...

Gold declines on profit-taking following Fed-driven surge

Jun 11, 2020 08:07 am UTC| Commentary

Gold prices declined as investors booked profits after prices rallied to a more than a 1-week high on soft economic projections from the U.S. Federal Reserve. The Fed policymakers predicted the U.S. economy would shrink...

Digital Currency Revolution Series: Bakkt And Galaxy Digital Collaboration For Bitcoin Trading & Custody Services For Institutions

Jun 11, 2020 04:43 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Time and again Intercontinental Exchange Inc.s Bakkt has always been in the limelight as far as cryptocurrency derivatives marketplace is concerned. Yes, Bakkt, for now, isassociatingwith the renowned wall street...

Danish inflation remains unchanged for second straight month at 0 pct in May

Jun 10, 2020 15:36 pm UTC| Commentary

Danish inflation remained the same for the second straight month at 0.0 percent in May. Lower prices of gasoline is the main driver behind the unusually low inflation. On a month-on-month basis, consumer price index...

U.S. consumer prices continue to fall in May

Jun 10, 2020 14:12 pm UTC| Commentary

U.S. consumer prices dropped 0.1 percent in May, following a 0.8 percent fall seen in April. Therefore, inflation is barely in positive territory, up only 0.1 percent on a year-on-year basis. Energy prices continued to...

Australian weekly consumer sentiment index falls after gaining for nine straight weeks

Jun 10, 2020 12:36 pm UTC| Commentary

Australian weekly consumer confidence dropped after gaining for nine consecutive weeks. The ANZ-Roy Morgan consumer confidence index dropped 1.3 percent. The softness was mainly because of Time to but a major household...