Australian bonds slump on profit booking; focus on BoJ's policy decision

Jul 31, 2018 03:24 am UTC| Commentary Economy

Australian government bonds slumped on Tuesday as investors cashed in profits ahead of major central banks monetary policy decisions scheduled this week. The yield on Australias benchmark 10-year Note, which moves...

Canadian economic growth likely to have accelerated in May

Jul 30, 2018 21:29 pm UTC| Commentary

Canadian economic growth data for May is set to be released tomorrow. According to a TD Economics research report, the Canadian economic growth is likely to have accelerated to 0.4 percent sequentially in the month on the...

U.K. mortgage lending data strengthens slightly in June, lending rises 4 pct year-on-year

Jul 30, 2018 21:27 pm UTC| Commentary

There was barely any change in U.K.s figures for lending to households, which continued to rise 4 percent year-on-year, a rate unchanged for the past two-and-a-half years. The double digit growth in consumer credit seen up...

Euro area headline economic sentiment falls marginally in July, growth likely to stay unchanged in Q2

Jul 30, 2018 20:34 pm UTC| Commentary

The European Commission survey showed that the economic sentiment in the euro area was little changed this month, albeit the small fall in the headline index from 112.3 to 112.1 left at the lowest level in nearly a year...

U.S. pending home sales rebounds in June, existing home sales likely to pick up in months ahead

Jul 30, 2018 19:20 pm UTC| Commentary

U.S. pending home sales rebounded in June. Sales rose strongly by 0.9 percent on a sequential basis, after declining 0.5 percent in May. This was above consensus expectations of a rise of 0.1 percent. Sales rose in all...

Bank of Japan likely to keep monetary policy unchanged in July

Jul 30, 2018 18:21 pm UTC| Commentary

The Japanese central bank, Bank of Japan is set to meet this week for its monetary policy decision. At present the focus is on the Japanese central bank amidst several media reports regarding some form of policy...

Polish headline consumer price inflation likely to have moved towards target in July

Jul 30, 2018 17:01 pm UTC| Commentary

Polish headline consumer price inflation is likely to have moved towards the inflation target in July. According to an Erste Group Research, the Polish inflation is expected to have moved towards 2.5 percent, before...