AUD/USD likely to trade around 0.78 by end-2018 – Lloyds Bank
Feb 21, 2018 20:31 pm UTC| Commentary
Through January, the Australian dollar has rallied sharply against the U.S. dollar, underpinned by buoyant risk sentiment, noted Lloyds Bank. But having tested its range highs close to 0.8150, the recent sharp fall in...
U.S. Leading Economic Index likely to have risen strongly in January – Wells Fargo
Feb 21, 2018 20:05 pm UTC| Commentary
The U.S. Leading Economic Index had risen for the 16th straight month in December by 0.6 percent. According to a Wells Fargo research report, the index is expected to have risen further in the month of January. On a...
U.S. service sector output records strong and accelerated growth in February
Feb 21, 2018 19:38 pm UTC| Commentary
The U.S. service sector output saw a robust and accelerated growth in February. The seasonally adjusted flash IHS services PMI index rose to 55.9 from 53.3, hinting at the steepest pace of growth for six months....
U.S. existing home sales fall in January on decline in single-family units
Feb 21, 2018 18:55 pm UTC| Commentary
The existing home sales in the U.S. dropped in the month of January, coming in contrary to consensus expectations. The existing home sales fell 3.2 percent sequentially to 5.38 million, as compared with consensus...
U.S. flash manufacturing PMI index rises in February
Feb 21, 2018 17:34 pm UTC| Commentary
Manufacturers in the U.S. recorded a solid upturn in business conditions in February, which continued the positive trend witnessed at the beginning of this year. The seasonally adjusted IHS Markit Flash manufacturing PMI...
U.K. jobless rate rises slightly in three months to December
Feb 21, 2018 16:27 pm UTC| Commentary
The U.K. Labor Force Survey estimates showed today that between July to September 2017 and October to December 2017, the number of people in work and the number of unemployed people both increased; however, the number of...
U.K. jobless rate rises slightly in three months to December
Feb 21, 2018 16:27 pm UTC| Commentary
The U.K. Labor Force Survey estimates showed today that between July to September 2017 and October to December 2017, the number of people in work and the number of unemployed people both increased; however, the number of...