Turkish sectoral confidence indices rise sequentially in October
Oct 25, 2019 17:26 pm UTC| Commentary
Turkish sectoral confidence indices rose in October. On a seasonally adjusted basis, services confidence index rose 1.6 percent to 90.7 in October from Septembers 89.3. Within the services sector, demand-turnover...
German Ifo business climate index remains unchanged in October, GDP growth likely shrank in Q3
Oct 25, 2019 13:58 pm UTC| Commentary
German Ifo business climate moved sideways in October. However, in view of the volatility of the data, this is not yet a stabilization and certainly not a trend reversal, said Commerzbank in a research report. The...
U.S. Treasuries flat in muted session; next week’s FOMC rate cut eyed
Oct 25, 2019 12:08 pm UTC| Economy Commentary
The U.S. Treasuries traded nearly flat during early muted session on Friday as investors await next weeks FOMC monetary policy decision where the Federal Reserve is widely expected to lower its fed funds rate to 1.50-1.75...
Swedish retail sales continue on decent upward trend in September, household consumption to pick up
Oct 25, 2019 11:54 am UTC| Commentary
Swedish retail sales rose in September and continue to be on a decent upward trend. On a sequential basis, retail sales rose 0.3 percent, whereas it rose 2.6 percent on a year-on-year basis. Todays data is in line with...
UK debt yields rise on hopes for Brexit resolution, but market to eye EU summit
Oct 25, 2019 11:44 am UTC| Commentary Economy
The United Kingdoms gilts slumped during European trading hours Friday on hopes that the political uncertainty would resolve with a Brexit deal being approved. The yield on the benchmark 10-year gilts, rose 2-1/2 basis...
German bunds slip on profit booking; next week’s FOMC decision in focus
Oct 25, 2019 11:16 am UTC| Commentary Economy
The German bunds slipped during European session on Friday as investors cashed in profits after debt prices rose a week high. Also, higher than expected October business expectations pushed out traders from safe-haven...
Singapore’s industrial production surprises with 0.1 pct y/y growth in September
Oct 25, 2019 09:52 am UTC| Commentary Economy
Singapores industrial production surprised on the upside with a 0.1 percent y/y growth (+3.7 percent m/m sa) versus our forecast for a 2.6 percent y/y contraction (+4.7 percent m/m sa) and the Bloomberg consensus forecast...