Australian 10-year bond yield ease after hitting 11-month last week; RBA February minutes in focus

Feb 19, 2018 02:52 am UTC| Commentary Economy

Australian bonds gained on the first day of the trading week after the U.S. 10-year Treasury yield retreats from 4-year high. Also, investors await the Reserve Bank of Australia (RBA) February meeting minutes scheduled...

U.S. University of Michigan consumer confidence bolsters in February, consumer likely to stay positive

Feb 16, 2018 20:30 pm UTC| Commentary

The U.S. University of Michigan consumer confidence bolsters in February. The preliminary estimate of the index of consumer sentiment rose in February to 99.9, surpassing consensus expectations of 95.5. The recent...

U.S. import prices rise above expectations in January, likely to underpin consumer goods inflation

Feb 16, 2018 20:10 pm UTC| Commentary

U.S. import prices grew in January. On a sequential basis, import prices grew 1 percent, coming in above consensus expectations of a rise of 0.8 percent. Moreover, December print was upwardly revised, with a two-tenths...

U.S. import prices rise above expectations in January, likely to underpin consumer goods inflation

Feb 16, 2018 20:10 pm UTC| Commentary

U.S. import prices grew in January. On a sequential basis, import prices grew 1 percent, coming in above consensus expectations of a rise of 0.8 percent. Moreover, December print was upwardly revised, with a two-tenths...

U.S. homebuilding rises in January, permits rise above expectations

Feb 16, 2018 18:53 pm UTC| Commentary

U.S. homebuilding rose in January following a lull recorded in December. Homebuilders broke ground on 1,326k new homes, a bit ahead of market expectations, with the figure coming atop an upward revision in Decembers tally,...

Canadian manufacturing sales decline sequentially in December

Feb 16, 2018 17:48 pm UTC| Commentary

Canadas manufacturing sales fell in December. On a sequential basis, manufacturing shipment dropped 0.3 percent, as opposed to the 0.3 percent rise expected by markets. After accounting for price changes the sales volume...

U.K. retail sales expand weaker than expectations in January

Feb 16, 2018 16:48 pm UTC| Commentary

Retail sales in the U.K. saw a rise of just 0.1 percent in sequential terms in January, as compared with the decline of 1.4 percent in the prior month and consensus expectations of a rise of 0.5 percent. Declines were seen...