Thailand’s Q2 GDP records weakest performance since Q3’14 on sluggishness in domestic demand

Aug 19, 2019 09:06 am UTC| Commentary Economy

Thailands gross domestic product (GDP) for the second quarter of this year recorded the weakest performance since Q3 2014, bringing H1 2019 growth to just 2.6 percent y/y, owing to slag in domestic demand. The GDP...

JGBs mixed after July trade balance shrinks into deficit; national CPI data in focus

Aug 19, 2019 06:40 am UTC| Commentary Economy

The Japanese government bonds remained mixed at the time of closing Monday after the countrys trade balance for the month of July shrunk into deficit as investors still eye the national consumer price inflation (CPI) for...

Australian bonds slump in muted trading ahead of RBA’s August monetary policy meeting minutes

Aug 19, 2019 05:21 am UTC| Commentary Economy

The Australian government bonds slumped in subdued Asian session of the first trading day of the week Monday ahead of the Reserve Bank of Australias (RBA) August monetary policy meeting minutes, scheduled to be released on...

FxWirePro: Asian markets start a new week on higher note, gold trades flat at $1,508 mark

Aug 19, 2019 04:10 am UTC| Commentary

All the major Asian indices were trading on a higher note note on Monday. Gold was trading around $1,508 mark while silver was trading around $17.02 mark. Japans Nikkei was trading 0.86 pct higher at 20,544.50...

University of Michigan sentiment index falls in early August

Aug 16, 2019 18:35 pm UTC| Commentary

The University of Michigan sentiment index dropped in early August by 6.4 percent, considerably larger than the expected fall of 1.4 percent and among the largest falls of the past few years. Both the current conditions...

U.S. housing starts fall in July, tight labor market and rising wages likely to support housing market activity

Aug 16, 2019 17:02 pm UTC| Commentary

U.S. housing starts dropped in July by 4 percent to 1.191 million units from a downwardly revised 1.241 million units in the prior month. The market expected a slight rise of 0.2 percent. The revision reflected lower...

Russian manufacturing decelerates in July, economy likely to grow 1.5 pct in 2019

Aug 16, 2019 13:59 pm UTC| Commentary Economy

Russias manufacturing fell back into decline in July after displaying signs of rebound, reflecting a lower oil price and generally falling demand conditions throughout the EMEA region and euro area. On a sequential basis,...