U.S. existing home sales recover in October

Nov 21, 2019 16:59 pm UTC| Commentary

The existing home sales in the U.S. recovered in October by rising 1.9 percent sequentially to 5.46 million units. The outturn was greatly in line with consensus forecast of a rise of 2 percent. The increase was mainly...

Japanese inflation likely to have remained flat in October

Nov 21, 2019 15:49 pm UTC| Commentary

Japans inflation data for the month of October is set to release tomorrow. According to a DBS Bank research report, the nationwide CPI is likely to have remained flat at around 0.3 percent year-on-year in October. The 2...

Turkish consumer sentiment index rises in November

Nov 21, 2019 14:17 pm UTC| Commentary

Turkish consumer confidence index rose in the month of November, According to the Turkish Statistical Institute, the seasonally adjusted consumer confidence index rose 5.2 percent sequentially to 59.9 from Octobers...

Bank Indonesia keeps key interest rate on hold at 5 pct, likely to cut rate in December

Nov 21, 2019 13:53 pm UTC| Commentary Central Banks

Bank Indonesia kept its 7-day reverse repo rate on hold at 5 percent today, following a 25 basis points cut in each of its prior four meetings. BI also cut its RRR by 50 basis points to 5.5 percent for commercial banks and...

QE by the RBA likely to result in lower bond yields in Australia, says Capital Economics

Nov 21, 2019 11:45 am UTC| Commentary Economy Central Banks

The decline in bond yields in Australia and New Zealand throughout 2019 has paused in recent months following optimism about a potential trade deal between the US and China and hawkish language from the Fed, according to...

EM Asian currencies likely to weaken further amid increasing risk aversion, says Scotiabank

Nov 21, 2019 11:04 am UTC| Commentary Economy

The emerging market Asian currencies are expected to weaken further amid increasing risk aversion and remain susceptible to developments in the US-China trade negotiations during the remainder of the year, according to the...

Regulatory Series on Cryptocurrencies: US CFTC Chair Sheds Lights on Importance of US Leadership and Principles-Based Regulation on Cryptos

Nov 21, 2019 09:23 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The Commodity Futures Trading Commission (CFTC) has come up with an insight of important role to play in determining as to how these new products and technologies evolve. They have reiterated their mission statement to...