Swedish economic sentiment indicator remains stable in September, survey hints at sluggish growth

Sep 26, 2019 14:19 pm UTC| Commentary

Swedish September Tendency Survey continues to hint at sluggish growth. Export demand is eroding and households are hesitant. The Riksbank has to reconsider its view on the economy and there its monetary policy...

U.S. Treasuries jump after Q2 GDP meets market expectations; FOMC members’ speeches eyed

Sep 26, 2019 13:23 pm UTC| Commentary Economy

The U.S. Treasuries gained during Thursdays evening session after the countrys gross domestic product (GDP) for the second quarter of this year, remained unchanged, meeting market expectations as well. However, the weekly...

Philippine central bank cuts Overnight Repurchase Rate by 25 bps to 4 pct

Sep 26, 2019 12:54 pm UTC| Commentary Central Banks

The Philippine central bank, BSP, lowered its Overnight Repurchase Rate by 25 basis points to 4 percent today, as was widely expected. The rates on the corridor were adjusted accordingly. BSPs views prospects for global...

Simmering government crisis, uncertainty about further political developments poses risk for RON, says Commerzbank

Sep 26, 2019 12:28 pm UTC| Commentary Economy

The simmering government crisis and the uncertainty about further political developments (early elections etc.) remains a risk factor for the Romanian leu, according to the latest research report from Commerzbank. Since...

Singaporean industrial production drops further in August

Sep 26, 2019 11:41 am UTC| Commentary

Singaporean industrial production dropped in August. On a year-on-year basis, industrial production fell 8 percent, as compared with consensus expectation of a fall of 0.6 percent. Sequentially, industrial production...

German bunds edge tad higher ahead of ECB President Draghi’s speech

Sep 26, 2019 11:21 am UTC| Commentary Economy

The German bunds edged tad higher during European trading session Thursday amid silent trading hours that witnessed data of little economic significance ahead of the European Central Banks (ECB) President Mario Draghis...

Fed, ECB and BoJ likely to adopt 2 more rate cuts by March next year, says Barclays Research

Sep 26, 2019 10:46 am UTC| Commentary Central Banks Economy

The Federal Reserve, European Central Bank (ECB) and the Bank of Japan (BoJ) are all expected to adopt two more rate cuts by 25bp to 1.25-1.50bp, by 10bp to -0.70 percent and to -0.30 percent respectively, according to the...