Australian real retail sales fall q/q in Q1 2019 to weakest since September 2012
May 07, 2019 13:51 pm UTC| Commentary
Australian retail sales grew 0.3 percent on a sequential basis in the month of March, coming above market expectations of a rise of 0.2 percent. The March figure is a sharp slowdown from prior months rise of 0.9 percent....
German factory orders rebound below expectations in March, core orders fall
May 07, 2019 12:31 pm UTC| Commentary
German factory orders fell 0.6 percent in March on a sequential basis, as compared to consensus expectations of a rise of 1.5 percent. Orders had fallen 4 percent in the prior month. However, the rebound is only linked to...
Bank Negara Malaysia cuts Overnight Policy Rate by 25 bps to 3 pct, further cuts unlikely
May 07, 2019 11:48 am UTC| Commentary Central Banks
Bank Negara Malaysia cut its key interest rate by 25 basis points to 3 percent today. There were some marked changes in the central banks Monetary Policy Statement compared to Marchs. BNM stated that in spite of...
RBA monetary policy: Assessing future bias
May 07, 2019 11:28 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate unchanged at 1.5 percent at todays policy meeting. Lets look at the details of the policy announcement to assess the bias of RBA. Key highlights...
U.S. Treasuries rise ahead of March JOLTS job openings data, FOMC member Quarles’ speech
May 07, 2019 11:18 am UTC| Commentary Economy
The U.S. Treasuries rose during Tuesdays afternoon session, ahead of the countrys JOLTS job openings data for the month of March, scheduled to be released today by 14:00GMT, besides, FOMC member Quarles speech, also due...
German bunds rally ahead of ECB President Draghi’s speech, account of monetary policy meeting
May 07, 2019 09:58 am UTC| Commentary Economy
The German bunds rallied during European trading session Tuesday ahead of European Central Bank (ECB) President Mario Draghis speech, scheduled to be held on May 8 by 11:30GMT and the central bank account of the latest...
FxWirePro: Sino-American trade negotiations to dominate volatility this week and next
May 07, 2019 09:40 am UTC| Commentary Economy
This week the focus in on U.S. and China and the trade negotiations, U.S. President Donald Trumps weekend tweet, For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and...