TWD likely to prop up in weeks ahead, together with early signs of stabilization: Scotiabank
Feb 11, 2020 06:14 am UTC| Commentary Economy
The TWD is expected to prop up in weeks ahead owing to renewed equity inflows and continued repatriation of investment, together with early signs of stabilizing and improving coronavirus situation in China, according to...
FxWirePro: Asian markets in green, gold slips below $1,570 mark
Feb 11, 2020 04:57 am UTC| Commentary
All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,568 mark while silver was trading flat around $17.75 mark. Japanese banks will be closed in observance of National...
Feb 10, 2020 18:29 pm UTC| Commentary
Canadian new housing construction rose 8.8 percent sequentially in January to 213.2k units. The print surpassed market expectations of 205k starts in the month. The rise was mainly seen in multi-family starts, which rose...
U.K. economic growth likely decelerated in Q4 2019 - Wells Fargo
Feb 10, 2020 16:43 pm UTC| Commentary
The U.K. GDP growth data for the fourth quarter is set to release tomorrow. According to a Wells Fargo research report, the U.K. economy likely finished 2019 on a soft note, partially due to Brexit uncertainty and ahead of...
Italian industrial production falls further in January
Feb 10, 2020 14:18 pm UTC| Commentary
The Italian industrial production output shrank in the month of January. According to Istat, the seasonally adjusted industrial production index dropped 2.7 percent sequentially. Consensus expectations were for the...
Danish headline inflation slows down in January, likely to move slightly higher in remainder of 2020
Feb 10, 2020 13:45 pm UTC| Commentary
Denmarks headline inflation came in a bit below expectations in the month of January. On a sequential basis, the consumer price inflation rose 0.1 percent. Most of the subcomponents contributed positively, but the usual...
German bunds jump ahead of ECB President Lagarde’s speech, Q4 GDP
Feb 10, 2020 11:23 am UTC| Commentary Economy
The German bunds jumped during European trading session Monday ahead of the European Central Bank (ECB) President Christine Lagardes speech, scheduled to be delivered on February 11 by 14:00GMT, besides, the countrys gross...