May 14, 2019 18:26 pm UTC| Commentary
Chinese domestic demand is likely to have eased in April. The NBS manufacturing PMI fell to 50.1 from Marchs 50.5. According to a DBS Bank research report, retail sales and industrial production growth are likely to have...
U.S. headline import prices rise below expectations in April
May 14, 2019 17:46 pm UTC| Commentary
U.S. imported inflation came in softer than anticipated in April. Sequentially, the headline import prices were up 0.2 percent, while it dropped 0.2 percent on a year-on-year basis. Stripping petroleum, import prices...
U.S. NFIB small business optimism index rises again in April
May 14, 2019 16:51 pm UTC| Commentary
Small business optimism in the U.S. rises in April. The NFIB index rose for the third consecutive month, rising 1.7 points to 103.5. Labor market indicators continue to be extremely positive, yet hiring at small companies...
FxWirePro: Sentiment suggests USD/JPY forming base
May 14, 2019 15:39 pm UTC| Commentary
Yen rally might be coming to an end, Risk sentiment returned to the market thanks to some optimistic comments from U.S. President Donald Trump and Chinese officials which helped to diffuse some of the tensions...
Oil in Global Economy Series: OPEC production at 30.03 million barrels in April
May 14, 2019 14:44 pm UTC| Commentary
OPECs monthly report was released today and it shows that OPEC as a group has reached full compliance with the new agreement that was agreed upon back in November last year between OPEC and non-OPEC countries led by...
FxWirePro: Matteo Salvini’s budget comments take down euro; retail sentiment points to upside
May 14, 2019 14:18 pm UTC| Commentary
Earlier today, we at FxWirePro pointed out that retail sentiment has finally flipped in favor of euro bulls and single currency might actually gain against the USD. However, today doesnt seem to be the day for the bulls as...
Polish economy likely to have grown 4.7 pct in Q1 2019, NBP likely to stand pat
May 14, 2019 14:03 pm UTC| Commentary
Polish first quarter economic growth data is set to release tomorrow. According to an Erste Group Research report, the real economy did not show any signs of decelerating in the March quarter in spite of the rather soft...