FxWirePro: The Day Ahead- 5th April 2018
Apr 05, 2018 04:39 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: New Zealand: ANZ commodity price grew 1.2 percent in March. Australia: February...
Apr 05, 2018 03:19 am UTC| Commentary
Australian 10-year bond yield hit over 1-week highon Thursdayfollowing higher-than-expected February trade balance data. On the contrary, investors bought more of short-term bonds over long-term debt amid rising trade...
U.S. ISM nonmanufacturing index moderates in March
Apr 04, 2018 19:43 pm UTC| Commentary
The U.S. ISM nonmanufacturing index moderated in the month of March. The index fell to 58.8 from Februarys 59.5. The outturn was slightly lower than consensus expectation of 59. However, in spite of the moderation, the...
U.S. factory orders improve in February
Apr 04, 2018 18:34 pm UTC| Commentary
Factory orders in the U.S. improved in the month of February, coming in above consensus expectations. Orders rose 1.2 percent sequentially, as compared with consensus expectations of 1.7 percent. The orders in February...
Danish FX reserves remain unchanged in March
Apr 04, 2018 17:19 pm UTC| Commentary Economy
Danish central bank has published its foreign exchange reserve data for the month of March, along with its balance sheet. The FX reserve remained unchanged at DKK 467 billion in the month as the Danmarks Nationalbank did...
Brazil’s private sector output growth moderates in March
Apr 04, 2018 16:00 pm UTC| Commentary
Survey data for the month of March indicated that Brazils private sector output growth moderated. The seasonally adjusted IHS Markit Brazil Services Business Activity Index dropped to 50.4 from Februarys 52.7, indicated a...
U.S. service sector growth continues to be solid in March, IHS PMI index falls to 54
Apr 04, 2018 14:32 pm UTC| Commentary
U.S. service sector business activity saw a strong growth in March. The seasonally adjusted final IHS Markit U.S. Services Business Activity Index dropped to 54 in March from Februarys 55.9. However, output growth was...