INR likely to modestly appreciate amid hopes of rise in India’s foreign reserves, says Scotiabank

Feb 13, 2020 06:12 am UTC| Commentary Economy

The Indian rupee is expected to appreciate modestly as Indias foreign reserves are expected to continue increasing amid further portfolio and repatriation inflows but at a slower pace, according to the latest research...

FxWirePro: Asian markets slightly down, gold back above $1,570 mark

Feb 13, 2020 05:17 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,573 mark while silver was trading flat around $17.61 mark. Japans Nikkei was trading 0.16 pct lower at 23,822.50...

U.S. consumer price inflation likely accelerated marginally year-on-year in January

Feb 12, 2020 19:56 pm UTC| Commentary

The U.S. consumer price inflation data for the month of January is set to release tomorrow. According to a TD Economics research report, the headline inflation is expected to have been tempered by lower gasoline prices....

Euro area’s industrial production output contracts sharply in December

Feb 12, 2020 16:22 pm UTC| Commentary

Euro areas industrial production output shrank sharply in December. According to estimates from Eurostat, the seasonally adjusted industrial production fell 2.1 percent month-on-month in December from 0 percent in the...

Digital Currency Revolution

Stablecorp Inc Unveils ‘QCAD’ Pegged To Canadian Dollar

Feb 12, 2020 14:34 pm UTC| Research & Analysis Digital Currency Commentary

As major cryptocurrencies like bitcoin suffering immense volatility, either steep crashes abruptly or sharp gainsin a spur of moment, advocates the essence of stablecoins presence. But the stable coin frenzy initially took...

Indian headline inflation accelerates further in January, likely to ease from February

Feb 12, 2020 14:10 pm UTC| Commentary

Indian headline inflation surpassed the upper bound of the Reserve Bank of Indias target band of 2-6 percent for the second consecutive month in January. On a year-on-year basis, the consumer price inflation accelerated to...

Singaporean retail sales contract further in December, likely to fall in 2020 as well

Feb 12, 2020 13:05 pm UTC| Commentary

Singaporean retail sales dropped in the month of December. On a year-on-year basis, the retail sales fell 3.4 percent, while it dropped 1 percent sequentially. For the whole of 2019 retail sales contracted 2.8 percent...