Swedish CPIF inflation likely to have come above Riksbank’s forecast in July – Nordea Bank
Aug 09, 2017 22:23 pm UTC| Commentary
Swedish CPIF inflation is expected to have come in slightly above Riksbanks forecast in July. According to a Nordea Bank research report, the CPIF inflation is likely to have reached 2.2 percent in July; however, the...
Canada’s housing starts remain strong, but likely to weaken
Aug 09, 2017 21:43 pm UTC| Commentary
Canadas housing starts have remained strong despite the significant changes to provincial and federal government housing policy since October of last year. Builders broke ground on about 222k homes in July, rising 4...
Brazil’s annual inflation rate slows in July to lowest since 1999
Aug 09, 2017 18:19 pm UTC| Commentary
Brazilian consumer price inflation has reached the lowest level since 1999 in July and is in sharp contrast to the double-digit levels from early 2016. Consumer price inflation significantly surprised to the downside in...
U.S. productivity growth rises slightly in Q2
Aug 09, 2017 16:12 pm UTC| Commentary
The rate of U.S. productivity growth picked up slightly in the second quarter, with nonfarm business output per hour rising 0.9 percent sequentially, as compared with 0.1 percent in the first quarter and 1.3 percent in the...

Commodities snapshot (precious & industrial)
Aug 09, 2017 13:14 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is testing a key resistance line. Looking to break higher on North Korean tensions. Todays range $1276-1258 In the...

Aug 09, 2017 13:07 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil is down on reports that OPEC supplies on the rise despite Saudi Arabias pledge to reduce exports. Todays range...

Currency snapshot (commodity pairs)
Aug 09, 2017 13:03 pm UTC| Commentary
Dollar index trading at 93.57 (-0.03%) Strength meter (today so far) Aussie -0.10%, Kiwi +0.10%, Loonie -0.17% Strength meter (since last week) Aussie -0.45%, Kiwi -0.92%, Loonie -0.66% AUD/USD Trading at...