Australian bonds fairly mixed on first trading day of 2018; FOMC Dec minutes in focus this week
Jan 02, 2018 03:44 am UTC| Commentary Economy
Australian government bonds traded fairly mixed on the first trading day of 2018 as investors remain sidelined in any major trading activity amid a silent session that witnessed no data of major economic...
Indian economic growth likely to reach 7 pct next year – Danske Bank
Dec 29, 2017 17:52 pm UTC| Commentary
In the third quarter, the Indian economy grew 6.3 percent, accelerating from 5.7 percent in the second quarter. The demonetization in last November weighed on economic growth in the first half of this year as it led to a...
Brazil’s jobless rate falls further in November
Dec 29, 2017 16:54 pm UTC| Commentary
Brazils November jobless rate dropped further, coming in line with consensus expectations. The countrys statistics agency IBGE stated that the unemployment rate fell to 12 percent, eighth consecutive decline. The...
Italian producer price index rises sequentially in November
Dec 29, 2017 14:30 pm UTC| Commentary
Italys total producer price index rose sequentially in the month of November. The index was up 0.4 percent month-on-month. On domestic market, the index of producer price rose 0.4 percent, while it rose 0.2 percent on...
Turkish exports and imports grow in November, trade deficit widens
Dec 29, 2017 13:55 pm UTC| Commentary
The provisional data released by the Turkish Statistical Institute showed that the exports and imports both rose in November. Exports rose 11.2 percent, while imports were up 21.3 percent on a year-on-year basis. The...
Russian service sector business activity grows steeply in December
Dec 29, 2017 12:59 pm UTC| Commentary
Russian service sectors business activity grew steeply in December, according to the survey data. The IHS Markit Russia Services Business Activity index came in at 56.8 in the month, slightly down from 57.4 in November....
ECB likely to change its monetary policy tune in 2018, says CIBC Capital Markets
Dec 29, 2017 10:09 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to change its monetary policy tune going into 2018, according to a recent report from CIBC Capital Markets. Political turmoil is heating up in a number of Eurozone countries....