U.S. housing starts likely to have risen in August, single-family activity to continue to climb

Sep 18, 2019 11:44 am UTC| Commentary

New residential construction in the U.S. is stronger than the recent headline data might imply, noted Wells Fargo in a research report. In the month of July, total housing starts had fallen 4 percent, which marked the...

Cryptocurrency Derivatives Series: eToroX’s Lira To Support Crypto-Derivatives With Liquidity Providing

Sep 18, 2019 11:24 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The cryptocurrency derivatives market has begun to obtain myriad interests after the recent trends in Bitcoin price sentiment. There has been a long waiting of cryptocurrency aspirants for institutional investors. Although...

UK gilts surge after August consumer price inflation disappoints investors; BoE’s policy decision in focus

Sep 18, 2019 10:55 am UTC| Commentary Economy

The United Kingdoms gilts jumped during European trading hours Wednesday, after the countrys consumer price inflation (CPI) for the month of August, released early today disappointed market investors, also declining from...

German bunds surge after eurozone August CPI remains unchanged, in line with estimates

Sep 18, 2019 10:19 am UTC| Commentary Economy

The German bunds surged during European trading session Wednesday after the eurozones consumer price inflation (CPI) for the month of August, remained unchanged, also meeting market expectations. The German 10-year...

Chinese yuan likely to remain under pressure on back of gloomy growth outlook, says Commerzbank

Sep 18, 2019 09:21 am UTC| Commentary Economy

The Chinese yuan is expected to be weighed upon by a gloomy growth outlook, according to the latest research report from Commerzbank. After the introduction of the loan prime rate (LPR), the new benchmark lending rate,...

New Zealand’s annual current account deficit narrows in Q2, net international liability position widens

Sep 18, 2019 08:41 am UTC| Commentary Economy

New Zealands annual current account deficit narrowed from an upwardly revised $10.8 billion in Q1 to $10.2 billion in Q2 (or in ratio terms, by 0.2 percentage point from 3.6 percent of GDP to 3.4 percent). In seasonally...

FOMC likely to cut rates by 25bps this week, maintain easing bias: ANZ Research

Sep 18, 2019 07:37 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) is expected to cut rates by 25bps this week. It is also expected to maintain an easing bias and for many FOMC members to project three rate cuts for 2019, according to the latest...