German bunds nearly flat after October unemployment change disappoints investors

Oct 30, 2019 10:48 am UTC| Commentary Economy

The German bunds remained nearly flat during European session Wednesday after the countrys unemployment change for the month of October disappointed market sentiments, while the jobless rate remained...

Italian consumer sentiment index falls in October, business confidence climate rebounds slightly

Oct 30, 2019 10:42 am UTC| Commentary

Italian consumer sentiment dropped a bit in the month of October. According to Istats report, the consumer confidence index dropped to 111.7 from 112.2. Looking at the components, the personal component index dropped to...

Price action for broader USD likely to remain driven by month-end flows ahead of tonight’s Fed decision, says Lloyds Bank

Oct 30, 2019 09:23 am UTC| Commentary Economy

Ahead of the Fed tonight, the price action for the broader USD will remain driven by month-end flows, which after the surge in US equities to new all-time highs, is expected to see dollar selling, according to the latest...

Turkish economic sentiment index rises strongly in October

Oct 30, 2019 09:22 am UTC| Commentary

Turkish economic sentiment rose in the month of October. The Turkish Statistical Institute showed in a report that the economic confidence index rose 4.5 percent in the month to 89.8 from Septembers 86. The rise was driven...

French economy grows above expectations in Q3 2019

Oct 30, 2019 08:31 am UTC| Commentary

The French economy grew at the same pace in the third quarter as in the previous two quarters. On a quarter-on-quarter basis, the GDP in volume terms rose 0.3 percent in the third quarter, coming above consensus...

Digital Currency Revolution Series: Quick Run Through on Rift Between Facebook’s Libra and China

Oct 30, 2019 07:49 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

War of words continue as Marc Zuckerberg highlighted Chinese threat of cut-throat competition to the US. In his prepared statements to the Committee of US Congress in the recent past, Zuckerberg stated that their crypto...

RBI’s dovish stance, ongoing tax review likely to send Indian share prices even higher: Scotiabank

Oct 30, 2019 07:24 am UTC| Commentary Central Banks

The Reserve Bank of Indias (RBI) dovish stance and the ongoing tax review will likely send Indian share prices even higher, supportive of the INR amid continued risk-on sentiment, according to the latest research report...