Australian economic growth likely to have contracted further q/q in Q2 2020 - ANZ
Sep 01, 2020 15:49 pm UTC| Commentary
Australian economic growth is likely to have declined 7 percent quarter-on-quarter in the second quarter, according to an ANZ research report. The data for the second quarter will indicate the effect of the first wave...
Indonesia headline inflation slows down further in August
Sep 01, 2020 12:04 pm UTC| Commentary
Indonesian headline inflation slowed for the sixth consecutive month in August. On a year-on-year basis, inflation eased to 1.32 percent from Julys 1.54 percent. Meanwhile, inflation came in at -0.05 percent on a...
U.K. August manufacturing output grows at fastest rate since May 2014, PMI index rises to 55.2
Sep 01, 2020 11:50 am UTC| Commentary
U.K. manufacturing output grew at the most rapid pace for over six years in August, as firms and their clients restarted operations after coronavirus disease 2019 lockdowns. The seasonally adjusted IHS Markit PMI index...
Gold at 2-week peak as greenback slumps on rate outlook
Sep 01, 2020 07:05 am UTC| Commentary
Gold prices rallied to their highest level in nearly 2-weeks, as the dollar declined to multi-year lows on speculation that U.S. interest rates would stay lower for a longer period after the Federal Reserves new policy...
German inflation rate rises marginally in August to 0 pct
Aug 31, 2020 15:51 pm UTC| Commentary
The German inflation rate left the negative territory in August, rising slightly from -0.1 percent to 0.0 percent. The core inflation rate excluding energy and food rose slightly. The reduction in the VAT rate had pushed...
Australia’s business credit falls in July, new business loan growth likely to remain soft
Aug 31, 2020 12:35 pm UTC| Commentary
Australias business credit dropped 0.1 percent sequentially in July, consistent with market expectations. Julys decline follows the 0.2 percent fall recorded in June. The smaller fall in July was driven by a smaller...
Gold eases as greenback rebounds from 2-year lows
Aug 31, 2020 08:07 am UTC| Commentary
Gold prices declined, hovering away from a near 2-week high scaled last week, as the dollar attempted a minor recovery after tumbling to multi-years lows on Federal Reserves dovish stance. Spot gold was trading 0.3...