FxWirePro: Asian markets in red, gold trades flat at $1,505 mark
Oct 09, 2019 05:15 am UTC| Commentary
All the major Asian indices were trading on a lower note on Wednesday. Gold was trading around $1,505 mark while silver was trading around $17.75 mark. Japans Nikkei was trading 0.70 pct lower at 21,441.55...
Oct 09, 2019 05:00 am UTC| Commentary Economy
The Australian government bonds jumped tracking a similar movement in the United States Treasuries after Chairman of the Federal Reserve, Jerome Powell, announced an increase in the size of the central banks balance sheet...
Italian retail sales fall sequentially in August
Oct 08, 2019 18:40 pm UTC| Commentary
Italian retail sales dropped in August. On a sequential basis, the rate of sales dropped 0.6 percent in terms of value and volume. In the three months to August 2019, the value of retail trade rose 0.9 percent, while the...
U.S. small business optimism index drops in September
Oct 08, 2019 17:31 pm UTC| Commentary
Small business optimism in the U.S. eased in the month of September. The NFIBs index dropped 1.3 points to 101.8, slightly below market expectations of a reading of 102. Looking beneath the headline, seven of the ten...
Canadian housing starts drops slightly in September, but momentum stays strong
Oct 08, 2019 15:37 pm UTC| Commentary
Canadian housing starts kept the momentum in September, coming in at a healthy 221.2k units. Sequentially, housing starts dropped 2.5 percent from Julys robust 226.9k level. Single-detached starts fell 8 percent to 58.6k...
Swedish business sector production rises above expectations in August
Oct 08, 2019 13:27 pm UTC| Commentary
Swedish business sectors production came in above expectations in August. However, much implies that the growth will decelerate noticeably going forward, noted Nordea Bank in a research report. Business sector production...
German manufacturing production rises slightly in August, but downward trend likely to continue
Oct 08, 2019 12:19 pm UTC| Commentary
German manufacturing production rose a bit in August; however, the general downward trend is expected to continue, noted Commerzbank in a research report. Production in the manufacturing sector rose 0.3 percent...