Euro area flash consumer sentiment indicator falls in June

Jun 21, 2018 19:39 pm UTC| Commentary

The increased political uncertainty and associated market volatility is likely to be a drag on euro area economic sentiment in the near term, noted Daiwa Capital Market Research in a report. Having stayed relatively...

U.S. leading economic index rises again in May, economy growth likely to continue through end-2018

Jun 21, 2018 19:05 pm UTC| Commentary

The U.S. Leading Economic index rose in the month of May after rising in April. The LEI rose 0.2 percent, indicating economic growth is expected to continue through the end of 2018, noted Wells Fargo in a research report....

Philadelphia Fed’s manufacturing index falls sharply in June

Jun 21, 2018 18:24 pm UTC| Commentary

The Philadelphia Feds manufacturing index dropped sharply in June. The index fell to 19.9, reversing most of last months gains. The fall was larger than expected, and was mainly driven by a sharp decline in new orders that...

Philadelphia Fed’s manufacturing index falls sharply in June

Jun 21, 2018 18:24 pm UTC| Commentary

The Philadelphia Feds manufacturing index dropped sharply in June. The index fell to 19.9, reversing most of last months gains. The fall was larger than expected, and was mainly driven by a sharp decline in new orders that...

U.S. initial jobless claims drop slightly in mid-June, indicates solid labor market conditions

Jun 21, 2018 17:22 pm UTC| Commentary

U.S. initial jobless claims continue to indicate solid labor market conditions. For the week ended 16 June, initial jobless claims dropped slightly to 218k, from an upwardly revised 221k. The outturn is widely consistent...

Bank of England keeps policy rate on hold, likely to hike in August

Jun 21, 2018 16:46 pm UTC| Commentary Central Banks

As widely anticipated, the Bank of England kept its monetary policy on hold today. The central bank also kept the bond programme unchanged. The MPC was split in its decision with Haldane, McCafferty and Saunders advocated...

Blockchain Revolution Series

Reality Shares pioneers Chinese Blockchain ETFs

Jun 21, 2018 14:28 pm UTC| Research & Analysis Fintech Insights & Views Commentary

The leading Chinese asset management company, Reality Shares, the firm focused on innovative investment methodologies unveil the first ETF to provide investors with an access to China-based companies potentially leading...