German consumer price inflation at 1.7 pct year-on-year in July

Aug 13, 2019 17:45 pm UTC| Commentary

German consumer prices came in at 1.7 percent in July on a year-on-year basis. According to the Federal Statistical Office, the consumer price index rose 0.5 percent on a sequential basis. Energy product prices rose...

U.S. inflation accelerates in July on rise in energy prices

Aug 13, 2019 16:55 pm UTC| Commentary

U.S. inflation accelerated in July as anticipated. Sequentially, the headline inflation came in at 0.3 percent. On a year-on-year basis, inflation accelerated to 1.8 percent, owing to a rise in energy prices. Core prices...

U.K. employment rises above expectations in three-months to June, jobless rate rises to 3.8 pct

Aug 13, 2019 14:10 pm UTC| Commentary

Employment in the U.K. continued to rise, increasing 115k in the three-months to June, exceeding market expectations of a 60k rise. Most of the rise was seen in part-time employment. However, the companies continued to...

ZEW economic sentiment indicator for Germany falls sharply in August

Aug 13, 2019 12:57 pm UTC| Commentary

The ZEW Indicator of economic sentiment for Germany dropped sharply again in August. The economic sentiment index stands at -44.1 points, a fall of 19.6 points from the prior month. The indicators long-term average is 21.6...

U.S. Treasuries remain mixed as investors await July CPI data

Aug 13, 2019 12:19 pm UTC| Commentary Economy

The U.S. Treasuries remained mixed during Tuesdays afternoon session ahead of the countrys consumer price inflation (CPI) data for the month of July, scheduled to be released today by 12:30GMT. The yield on the...

Singaporean final Q2 2019 growth data unrevised at 0.1 pct, government downgrades 2019 outlook

Aug 13, 2019 11:44 am UTC| Commentary

The final second quarter economic growth data of Singapore released today morning remained the same from the advance report of only 0.1 percent year-on-year. The contraction in the manufacturing sector was revised to -3.1...

UK gilts surge despite promising June employment report; July CPI in focus

Aug 13, 2019 11:15 am UTC| Commentary Economy

The United Kingdoms gilts surged during European trading hours Tuesday even as the countrys employment report for the month of June, appealed promising to market investors ahead of the consumer price inflation (CPI) data...