U.S. trade deficit widens in December on rebound in imports
Feb 05, 2020 17:12 pm UTC| Commentary
U.S. trade deficit broadened for the first time in three months in December. The trade deficit widened to USD 48.9 billion, as compared with market expectations of a deficit of USD 48.2 billion. Meanwhile, the data for...
Brazilian service sector output grows strongly in January, PMI index rises to 52.7
Feb 05, 2020 17:00 pm UTC| Commentary
The service sector of Brazil began the New Year with a stronger growth in output, rebounding on the trend seen in the final quarter of 2019. The seasonally adjusted IHS Markit Brazil Services Business Activity Index rose...
Feb 05, 2020 13:34 pm UTC| Commentary
Philippine headline inflation accelerated in the month of January, owing to higher food and fuel prices and the elimination of favourable base effects. On a year-on-year basis, inflation accelerated to 2.9 percent. On a...
Feb 05, 2020 12:25 pm UTC| Commentary
The Indonesian economic growth came in weak at the end of 2019, with the GDP growth easing further to 4.97 percent in the fourth quarter from 5.02 percent year-on-year in the third quarter, the weakest in three...
Bank of Thailand cuts key interest rate by 25 bps to 1 pct to underpin growth
Feb 05, 2020 11:48 am UTC| Commentary Central Banks
The Bank of Thailand, today, cut its key policy rate by 25 basis points to a new record low of 1 percent to underpin growth. The decision to cut rate was unanimous. Todays cut was the third in the central banks current...
U.S. Treasuries continue losses ahead of January ADP non-farm employment, ISM non-manufacturing PMI
Feb 05, 2020 11:31 am UTC| Commentary Economy
The U.S. Treasuries continued to suffer losses during Wednesdays afternoon session ahead of the countrys ADP non-farm employment for the month of January, scheduled to be released today by 18:45GMT, besides, the ISM...
German bunds suffer despite fall in eurozone’s retail sales, ECB President Lagarde’s speech eyed
Feb 05, 2020 10:54 am UTC| Commentary Economy
The German bunds suffered during European trading session Wednesday even as the eurozones retail sales for the month of December, released today disappointed market sentiments, also reversing previous gains in November...