Canadian headline inflation slows down slightly in August on lower gasoline prices

Sep 18, 2019 15:35 pm UTC| Commentary

Canadian headline inflation decelerated in August. On a year-on-year basis, the consumer price inflation eased to 1.9 percent from Julys 2 percent, coming in line with the consensus expectations. Sequentially, consumer...

Italian industrial turnover index and new orders drop in July

Sep 18, 2019 14:29 pm UTC| Commentary

Italian industrial turnover index dropped 0.5 percent sequentially in July on a seasonally adjusted basis. The average of the last three months rose 0.3 percent compared to the previous three ones. The seasonally...

BoE likely to maintain guidance for gradually higher rates as long as Brexit has not been clarified, says DNB Markets

Sep 18, 2019 14:18 pm UTC| Commentary Central Banks Economy

The Bank of England (BoE) is expected to ignore the macro trends and maintain the guidance for gradually higher rates as long as Brexit has not been clarified, according to the latest research report from DNB...

Stable-Coin Series: Libra Looks Confident About Its Launch Date Despite Regulatory Obstacles

Sep 18, 2019 13:34 pm UTC| Research & Analysis Commentary Digital Currency Insights & Views

Facebooks crypto-project appears to be highly confident about the launch of its aspiring Libra coin despite the series of regulatory hurdles. French and German regulators have very recently come up with a new attack on...

U.K. headline inflation slows down sharply in August, likely to remain below 2 pct in near-term

Sep 18, 2019 12:46 pm UTC| Commentary

The annual U.K. inflation slowed down sharply in August. The headline consumer price inflation eased to 1.7 percent from Julys 2.1 percent, the slowest since December 2016. The outturn was slightly below expectations, with...

U.S. Treasury yields slump on hopes of 25bp Fed rate cut; Chair Powell’s post-conference speech eyed

Sep 18, 2019 12:18 pm UTC| Commentary Economy

The U.S. Treasury yields during Wednesdays afternoon session ahead of the Federal Reserves monetary policy meeting, scheduled to be held today by 18:00GMT, where it is widely expected to cut interest rates by 25bp,...

Trade dispute likely to hit Korea harder than Japan, but no winners: S&P Global Ratings

Sep 18, 2019 11:46 am UTC| Commentary Economy

Trade dispute is expected to hit Korea harder than Japan, but, however, there is unlikely to be any winners, according to a Credit FAQ published today by SP Global Ratings. The restriction of fine chemical goods exports...