U.S. consumer sentiment index rises in February

Feb 27, 2018 21:21 pm UTC| Commentary

Consumer sentiment in the U.S. reached a multi-year high in February. The Conference Boards index of consumer confidence rose to 130.8 in the month, the highest since the end of 2000. The index rose above expectations,...

U.S. home price appreciation continues to be stable in December

Feb 27, 2018 21:20 pm UTC| Commentary

Home price appreciation in the U.S. remained stable in the month of December. The data released today indicated a modest rate of home price appreciation in the month. The FHFA purchase-only House Price index rose 0.3...

Euro area economic sentiment index falls in February, euro area economy likely to grow 0.6 pct in Q1

Feb 27, 2018 20:33 pm UTC| Commentary Economy

The Euro area Commissions February survey adds to evidence of moderation in growth momentum since the turn of the year. The headline euro area economic sentiment index dropped for the second straight month, and by 0.8...

U.S. durable goods orders fall sharply in January

Feb 27, 2018 19:29 pm UTC| Commentary

January durable goods orders in January dropped sharply. The headline durable goods orders fell 3.7 percent sequentially, as compared with consensus expectations of a fall of 2 percent. Moreover, the figure for December...

U.S. nominal goods trade deficit broadens in January, net exports likely to be larger drag on GDP growth

Feb 27, 2018 18:29 pm UTC| Commentary

U.S. nominal goods trade deficit widens modestly in January. The advance estimate of the trade in goods saw nominal goods deficit widening to USD 74.4 billion. This is widely consistent with the expected deficit of USD 75...

USD/INR likely to trade around 65.5 by end-2018 – Lloyds Bank

Feb 27, 2018 17:19 pm UTC| Commentary

The USD/INR pair has managed to reverse its losses in January to consolidate back above 64. The move was linked to the capital outflow pressures because of a fall in Indias equity markets. Looking ahead, there seem several...

German headline inflation slows in February on decline in food and energy prices

Feb 27, 2018 16:33 pm UTC| Commentary

The headline inflation in Germany decelerated in the month of February on a sequential basis. The consumer price index dropped by two tenths to 1.4 percent from 1.6 percent. This was mainly due to the marked reduce price...