German industrial production falls sharply in April, economy likely to contract at double-digit rate in Q2

Jun 08, 2020 12:59 pm UTC| Commentary

German industrial production fell sharply by 17.9 percent in April on a sequential basis. The huge decline was widely expected. The construction and power generation sectors saw declines of 4.1 percent and 7.2 percent,...

Gold steadies near recent lows as unexpected U.S. jobs rebound dents demand

Jun 08, 2020 07:39 am UTC| Commentary

Gold prices steadied after fall to a more than 1-month low in the prior session on an unexpected jump in U.S. employment that boosted hopes for a swift economic recovery. The surprise recovery in U.S. employment lifted...

Digital Currency Revolution

Digital Currency Series: Ethereum Halts Bullish Rout, What Drives Commendable Rallies? Quick Glimpse At Bullish Driving Forces

Jun 05, 2020 15:13 pm UTC| Research & Analysis Digital Currency Technicals Commentary

Ethereum has been luring among the crypto-space with its underlying price and fundamentals as we expected earlier in our recent posts. OKEx extends its crypto-derivative product-line by unveiling ether options, we...

German factory orders fall sharply in April, industrial production likely to have fallen sharply as well

Jun 05, 2020 14:53 pm UTC| Commentary

German manufacturing order intake fell sharply in April, as was widely anticipated. Orders collapsed 25.8 percent sequentially. On a year-on-year basis, factory orders fell 36.6 percent. Unsurprisingly, the automotive...

Philippine headline inflation continues to decelerate in May, likely to average 1.9 pct through 2020

Jun 05, 2020 13:33 pm UTC| Commentary

Philippines headline inflation continues to slow down. On a year-on-year basis, the consumer price inflation eased to 2.1 percent from Aprils 2.2 percent. Sequentially, the consumer price inflation rose 0.1 percent in May,...

Digital Currency Revolution

Cryptocurrency Series: OKEx Extends Its Crypto-Derivative Product Line By Unveiling Ether Options

Jun 05, 2020 11:58 am UTC| Digital Currency Commentary

OKEx seems to be one-stop crypto-derivatives marketplace as they constantly keep adding new derivatives instruments for their wide range of crypto-derivatives offering. The renowned exchange among the gamut of...

Euro area’s construction activity falls at slower pace in May, PMI index rises to 39.5

Jun 04, 2020 15:27 pm UTC| Commentary

The construction activity in euro area has dropped in May, but at a slower rate. The IHS Markit Eurozone Construction Total Activity Index rose to 39.5 in May from Aprils record low print of 15.1. However, the latest...