FxWirePro: Asian markets in green, gold back above $1,310 mark

May 10, 2018 04:05 am UTC| Commentary

All the major Asian indices were trading on a higher note on Thursday. Gold was trading around $1,313 mark while silver was trading around $16.50 mark. Japans Nikkei was trading 0.35 pct higher at 22,488.55...

Australian bonds edge slightly higher on weaker-than-expected Chinese CPI data; markets await employment report

May 10, 2018 03:51 am UTC| Commentary Economy

Australian government bonds edged slightly higheron Thursdaytracking weaker-than-expected Chinese consumer inflation data. Now, markets await next weeks employment report which might set a tone for the Reserve Bank of...

Swedish CPIF inflation rises in April, Riksbank unlikely to hike rate

May 09, 2018 18:30 pm UTC| Commentary Economy

Swedish CPIF-inflation excluding energy came in at 1.4 percent year-on-year in April, the lowest reading for over a year but consistent with the central banks view. Service inflation decelerated. Looking at the details,...

U.S. producer prices rise slightly below expectations

May 09, 2018 15:39 pm UTC| Commentary

U.S. producer prices rose slightly below consensus expectations in April. On a sequential basis, producer prices grew 0.1 percent, as compared with consensus expectation of 0.2 percent, nudging the annual rate of growth...

Norwegian inflation rises slightly in April, but remains below Nordea Bank’s forecast

May 09, 2018 13:58 pm UTC| Commentary

Norwegian inflation rose a bit in April but continues to be below Nordea Banks forecast. Therefore, there is uncertainty regarding the September hike. Core inflation came in at 1.3 percent year-on-year, a rise from 1.2...

Hungarian headline inflation accelerates in April, likely to reach 3 pct by end-2018

May 09, 2018 13:01 pm UTC| Commentary

The Hungarian headline inflation accelerated in the month of April. On a year-on-year basis, the consumer price index rose to 2.3 percent, consistent with expectations. The rise in fuel price, depreciation of the Hungarian...

New Zealand retail card spending remains weak in April, following decline in nominal fuel spending

May 09, 2018 08:26 am UTC| Commentary Economy

After solid nominal spending growth in the first quarter, New Zealands retail card spending was weak in April. Retail spending fell 2.2 percent m/m, while core retail fell 2.3 percent. These data can be volatile, and the...