National Bank of Poland likely to keep interest rate unchanged in September

Sep 09, 2019 17:11 pm UTC| Commentary

The Polish central bank is set to meet this week for monetary policy decision. According to an Erste Group Research report, the Monetary Policy Committee is expected to keep the rate stable at 1.5 percent. The MPC might...

U.S. industrial output growth eases in August to almost three-and-half year low

Sep 09, 2019 14:25 pm UTC| Commentary

U.S. industrial companies hinted at just a marginal rise in output in the month of August, showed the U.S. Sector PMI. The pace of growth eased to the slowest in the current sequence of growth that started in April 2016....

Norwegian mainland GDP grows sequentially in July, Norges Bank unlikely to hike policy rate in September

Sep 09, 2019 13:33 pm UTC| Commentary

The Norwegian mainland GDP grew in July. On a sequential basis, the mainland GDP grew 1 percent, whereas it grew 0.9 percent on a three-month-on-three-month basis. The strong domestic economy might underpin further rate...

U.K. economy grows above expectations in July, economic growth likely to be stronger in Q3

Sep 09, 2019 12:05 pm UTC| Commentary

The U.K. economy made a firm start to the third quarter, showed the monthly GDP report. On a sequential basis, the economy grew 0.3 percent, the strongest monthly outturn since January. The July figure surpassed consensus...

Australia’s demand for mortgages picks up sharply in response to rate cuts in June and July, RBA unlikely to be impressed

Sep 09, 2019 06:41 am UTC| Commentary Economy Central Banks

Australias demand for mortgages picked up sharply in response to rate cuts in June and July, with 5.1 percent m/m growth in July. The strength was reflected across both owner-occupiers and investors. The Reserve Bank of...

JGBs gain at close after Q2 GDP expands less than prior amid uncertainty over U.S.-China trade talks

Sep 09, 2019 06:15 am UTC| Commentary Economy

The Japanese government bonds gained at close of morning Asian session Monday after the countrys gross domestic product (GDP) for the second quarter of this year expanded less than that in the previous quarter amid...

FxWirePro: Asian markets slightly up, gold stabilizes above $1,502 mark

Sep 09, 2019 04:41 am UTC| Commentary

All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,509 mark while silver was trading around $18.05 mark. Japans Nikkei was trading 0.45 pct higher at 21,296.50...