Australian bonds tad higher amid coronavirus crisis; U.S. 3m10y yield curve inverts
Jan 31, 2020 04:16 am UTC| Commentary Economy
The Australian bonds remained tad higher during Asian session of the last trading day of the week Friday, after the World Health Organization (WHO) declared the coronavirus crisis a public health emergency of international...
FxWirePro: Most Asian markets in green, gold trades flat at $1,572 mark
Jan 31, 2020 04:11 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Friday. Gold was trading around $1,572 mark while silver was trading around $17.82 mark. Japans Nikkei was trading 1.01 pct higher at 23,209.50...
U.S. personal income and spending likely rose moderately in December
Jan 30, 2020 19:15 pm UTC| Commentary
U.S. personal income and spending data for the month of December is set to release tomorrow. According to a TD Economics research report, income and spending are likely to have risen moderately in nominal terms. The...
Canadian real GDP growth likely to have come in flat in November
Jan 30, 2020 18:46 pm UTC| Commentary
The Canadian real GDP growth for the month of November is set to release tomorrow. According to a TD Economics research report, the economic growth is likely to have come in flat with a muted performance throughout goods...
Euro area’s economic growth likely remained constant in Q4, to grow slightly over 1 pct in 2020
Jan 30, 2020 18:29 pm UTC| Commentary
The euro area economic growth data for the fourth quarter is set to release tomorrow. In recent months, euro area economic data have shown marked rebounds. Especially, the service sector has been quite resilient with...
U.S. economy grows slightly above expectations in Q4 2019
Jan 30, 2020 17:12 pm UTC| Commentary
The U.S. economy grew slightly above expectations in the fourth quarter. According to the advance estimate, the economy grew 2.1 percent, as compared with the consensus expectations of 2 percent, matching its performance...
German headline inflation accelerates on higher energy prices in January, core rate eases
Jan 30, 2020 14:13 pm UTC| Commentary
The German headline inflation accelerated in January to 1.7 percent from Decembers 1.5 percent, in line with consensus expectations. A 3.4 percent rise in energy prices mainly drove the headline rate. On the contrary, the...