German economic growth contracts in Q2 2019, negative growth likely to continue in Q3

Aug 14, 2019 16:17 pm UTC| Commentary

The German economy shrank in the June quarter and the soft sentiment data imply negative growth continued in the third quarter as well, which might put the German economy in a recession, noted Nordea Bank in a...

Malaysian inflation remains weak in July, policy rate likely to stay unchanged in 2019-2020

Aug 14, 2019 14:22 pm UTC| Commentary

Malaysian inflation continues to be benign in July. Sequentially, the headline inflation came in at 0.1 percent, compared with a flat print in the prior month. Food prices were the main contributor, rising 0.3 percent...

Swedish inflation rises slightly above Riksbank’s view in July

Aug 14, 2019 12:59 pm UTC| Commentary

Swedish CPIF inflation came in slightly above the central banks forecast in July. On a year-on-year basis, the consumer price inflation came in at 1.7 percent, as compared with Riksbank and consensus expectations of 1.5...

Australia’s WPI rises in June quarter, significant contribution from public sector health

Aug 14, 2019 07:58 am UTC| Commentary Economy

Australias wage price index (WPI) rose by 0.6 percent q/q in the June quarter, maintaining annual growth at 2.3 percent for the fourth consecutive quarter, according to a report from ANZ Research. The most significant...

USD/CNY to trade range-bound before and after a stepped movement in response to any surprise progress in US-China trade tensions, says Scotiabank

Aug 14, 2019 06:55 am UTC| Commentary Economy

The USD/CNY currency pair is expected to trade in a tight range before and after a stepped movement in response to any surprise progress in the U.S.-China trade tensions, according to the latest research report from...

Australian bonds remain narrowly mixed ahead of July employment report

Aug 14, 2019 06:03 am UTC| Commentary Economy

Australian government bonds remained narrowly mixed during Asian session Wednesday, as investors wait to watch the countrys employment report for the month of July, scheduled to be released on August 15 by 01:30GMT. The...

Indian headline inflation decelerates year-on-year in July

Aug 13, 2019 19:05 pm UTC| Commentary

Indian headline inflation eased for the first time in six months in July on a year-on-year basis, coming in at 3.15 percent. On a sequential basis, the headline inflation accelerated to 0.91 percent in July from Junes 0.63...