Swedish CPIF inflation likely accelerated in June on higher energy prices

Jul 13, 2020 12:36 pm UTC| Commentary

Swedish June inflation data is set to release tomorrow. According to a Nordea Bank research report, the CPIF inflation is likely to have accelerated to 0.5 percent year-on-year in the month from zero in May. The likely...

Danish headline inflation accelerates in June, likely to move higher in months ahead

Jul 10, 2020 13:36 pm UTC| Commentary

Danish inflation rose in the month of June, after staying at 0 percent for two consecutive months. On a sequential basis, the consumer price index rose 0.1 percent, while it rose 0.3 percent year-on-year, underpinned by...

Gold firm near 9-year peak and set for 5th straight weekly rise amid COVID-19 fears

Jul 10, 2020 09:51 am UTC| Commentary

Gold prices surged and were set for a fifth straight weekly gain as worries over a spike in U.S. coronavirus cases kept the safe-haven metal near the $1,800-per-ounce level, although upbeat U.S. economic data limited the...

Digital Currency Revolution Series: LabCFTC Launches Fintech-Focused Virtual Event Series

Jul 10, 2020 08:22 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Recently, the fintech-wing of US CFTC, LabCFTC launches Project Streetlamp to eliminate unregistered entities, including crypto-derivatives. The Commodity Futures Trading Commission today announced that LabCFTC will...

Canadian housing starts rise strongly in June, homebuilding activity to remain afloat through remainder of 2020

Jul 09, 2020 18:01 pm UTC| Commentary

Canadas housing starts recorded a strong rise in the month of June. Starts rose at a solid 211.7k (annualized) units, up from 195.4k units seen in May. With Junes rise, housing starts were at their highest level since...

Swedish economic activity drops further in May, rebound likely in June

Jul 09, 2020 15:16 pm UTC| Commentary

The GDP-indicator for Sweden declined further in May, implying that activity bottomed out in May, rather than in April. A wide rebound in June is expected as the domestic economy shows signs of resilience, noted Nordea...

German goods exports rise in May, further significant increase likely in June

Jul 09, 2020 13:53 pm UTC| Commentary

German goods exports rose in May, making up for part of the slump seen in March and April. On a sequential basis, goods exports rose 9 percent. Consensus expectations were for a rise of 14 percent. Exports to all major...