Canadian retail sales likely to have grown in December

Feb 20, 2020 19:09 pm UTC| Commentary

Canadian retail sales data for the month of December is set to release tomorrow. According to a TD Economics research report, the retail sales are expected to have grown 0.5 percent sequentially in the month to provide a...

Bank Indonesia cuts key interest rate by 25 bps to 4.75 pct, likely to cut one more time

Feb 20, 2020 17:47 pm UTC| Commentary Central Banks

Bank Indonesia cut its key interest rate by 25 basis points today to 4.75 percent after a three-month pause. The cut made today marked the resumption of the central banks rate cutting cycle. The BI had previously lowered...

U.K. retail sales rise strongly in January

Feb 20, 2020 13:54 pm UTC| Commentary

U.K. retail sales rose strongly in January, providing the first real piece of strong evident that the post-election bounce in economic activity was being borne out in the official hard data, noted Lloyds Bank in a research...

UK gilts shrug off solid retail sales data; 10-year yield falls to 1-week low as coronavirus fear haunts

Feb 20, 2020 11:26 am UTC| Economy Commentary

The United Kingdoms held gains during European trading hours on Thursday even as the countrys January retail sales remained solid and promising, with month -over- month data rising to seven month high of 0.9...

German bunds hold gains as investors monitor coronavirus situation

Feb 20, 2020 11:03 am UTC| Commentary Economy

German bunds held gains during afternoon session on Thursday as traders seek refuge in safe-haven assets on fear that the coronavirus outbreak will slow the global economy. The German 10-year bond yield, which move...

Australian jobless rate lifts to 5.3 pct in January, employment change modest

Feb 20, 2020 07:53 am UTC| Commentary Economy

In a reversal of Decembers move, Australias unemployment rate ticked back up to 5.3 percent in January, while employment rose modestly. The underutilisation rate jumped to a 19-month high. Alongside this, the participation...

Australian bonds surge as January employment data raises prospects of RBA rate cut

Feb 20, 2020 04:58 am UTC| Commentary Economy

Australian bonds surge on Thursday as January disappointing employment data has strengthened the prospects for Reserve Bank of Australia interest rate cut. The yield on Australias benchmark 10-year note, which moves...