Australian bonds slump as trade balance returns to surplus in January

Mar 08, 2018 03:16 am UTC| Commentary Economy

Australian government bonds slumpedon Thursdayfollowing better-than-expected trade balance data from the month of January, which return to surplus after registering huge deficit in December last year. The yield on the...

U.S. Dodge Momentum Index rises in February

Mar 07, 2018 21:18 pm UTC| Commentary

The U.S. Dodge Momentum Index rose in the month of February. The index rose to 146.9 from an upwardly revised 146.2 in January. The index dropped a bit from its peak in December, but continues to be close to a...

Euro area Q4 growth final estimate affirms earlier estimate of 0.6 pct growth, likely to moderate in Q1 2018

Mar 07, 2018 21:17 pm UTC| Commentary Economy

The final estimate of euro areas fourth quarter GDP growth affirmed the earlier estimate of growth of 0.6 percent on a sequential basis, 0.1 percentage point weaker than the earlier two quarters. On a year-on-year basis,...

Bank of Canada keeps key policy rate unchanged at 1.25 pct

Mar 07, 2018 20:37 pm UTC| Commentary Central Banks

As widely expected, the Bank of Canada kept its key interest rate on hold at 1.25 percent today. The statement accompanying todays decision had a dovish tone. Global growth is seen as strong, and U.S. policy changes are...

U.S. consumer goods output growth accelerates in February to 13-month high

Mar 07, 2018 19:42 pm UTC| Commentary

The U.S. consumer goods sector hinted at a more rapid growth in output in February, according to the latest U.S. Sector PMI data from IHS Markit. Moreover, the upturn accelerated to a solid rate that was the most rapid...

Canadian trade deficit narrows in January

Mar 07, 2018 18:53 pm UTC| Commentary

Trade deficit of Canada narrowed in the month of January. The trade deficit narrowed to CAD 1.9 billion from CAD 3.1 billion. Imports dropped 4.3 percent, owing to declines in industrial machinery, equipment, and parts,...

Canadian trade deficit narrows in January

Mar 07, 2018 18:53 pm UTC| Commentary

Trade deficit of Canada narrowed in the month of January. The trade deficit narrowed to CAD 1.9 billion from CAD 3.1 billion. Imports dropped 4.3 percent, owing to declines in industrial machinery, equipment, and parts,...