U.S. retail sales likely to have grown in September
Oct 15, 2020 18:00 pm UTC| Commentary
U.S. retail sales data for the month of September is set to release tomorrow. According to a TD Economics research report, retail sales are expected to have seen a widespread acceleration in the month, even with employment...
U.S. imported inflation continues to rise in September
Oct 15, 2020 16:51 pm UTC| Commentary
U.S. import prices rose 0.3 percent sequentially in September, with the rate of rises moderating slightly after four straight months of brisk monthly inflation. Imported petroleum prices dropped sharply in September after...
Canadian home sales rise sequentially in September
Oct 15, 2020 15:37 pm UTC| Commentary
Canadian home sales rose 0.9 percent sequentially in September. Canadian average home prices also set a record in September, rising 0.4 percent to an all-time high of CAD 604,000. Sales activity came in mixed throughout...
U.S. weekly initial jobless claims rise unexpectedly
Oct 15, 2020 14:17 pm UTC| Commentary
U.S. regular initial jobless claims rose unexpectedly in the week ended 9th October. Claims rose to 898k. However, new claims under the PUA program dropped. The risk of the labor markets rebound going into reverse was...
Swedish jobless rate falls slightly in September, rate cuts seems likely
Oct 15, 2020 12:10 pm UTC| Commentary
Swedish unemployment continued to fall in September, coming in line with consensus expectations. The labor market had bottomed out in June, which might compel the central bank to revise their view on the rebound. The...
Gold eases as dollar steadies amid fading stimulus hopes
Oct 15, 2020 07:59 am UTC| Commentary
Gold prices declined, weighed down by a steady dollar and fading chances of a new U.S. fiscal stimulus package being finalised before the November elections. Spot gold was trading 0.2 percent down at $1,898.29 per ounce...
Gold off near 1-week low as vaccine trials, stimulus talks stall
Oct 14, 2020 07:49 am UTC| Commentary
Gold prices steadied after tumbling to a near 1-week low earlier in the session as lack of an agreement on additional U.S. fiscal stimulus helped the dollar stay firm. Spot gold was trading 0.2 percent higher at...
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