Fed, PBoC likely to maintain pro-growth stance amid benign inflation outlook; gloomy global trade outlook to curb gains in export-driven currencies, says Scotiabank

Apr 29, 2019 04:52 am UTC| Commentary Central Banks Economy

The Federal Reserve and the Peoples Bank of China (PBoC) is expected to maintain their pro-growth stance amid benign inflation outlook, although the two nations are leading global economic growth, according to the latest...

FxWirePro: Asian markets mixed, gold flat at $1,285 mark

Apr 29, 2019 04:28 am UTC| Commentary

All the major Asian indices were trading on a mixed note on Monday. Gold was trading around $1,285 mark while silver was trading around $15.03 mark. Japanese banks will be closed in observance of Showa...

FxWirePro: The Day Ahead- 29th April 2019

Apr 29, 2019 03:58 am UTC| Commentary

Few economic data and events scheduled for today, but some with high volatility risks associated. Upcoming: Italy: March PPI inflation report due at 8:00 GMT. Eurozone: Private loans and money supply...

Australian bonds remain nearly flat amid muted trading session

Apr 29, 2019 03:56 am UTC| Commentary Economy

Australian government bonds remained nearly flat during Asian session of the first trading day of the week Monday as investors remained side-lined amid a muted trading session that witnessed data of little economic...

U.S. consumer confidence eases in April, Fed likely to stand pat next week

Apr 26, 2019 17:11 pm UTC| Commentary

U.S. consumer confidence eased in April; however, the still high confidence reading affirms the recent softness in consumer spending was a weak patch. Consumers continue to be positive regarding their finances and job...

U.S. economic growth accelerates in Q1 2019, growth not as strong as headline implies

Apr 26, 2019 14:23 pm UTC| Commentary

The U.S. economic growth accelerated in the first quarter of 2019, in contrast to expectations. On an annualized basis, the economy grew 3.2 percent, an acceleration from 2.2 percent in the fourth quarter of 2018....

Swedish retail sales rise above expectations in March, Riksbank to stay on hold for long

Apr 26, 2019 13:20 pm UTC| Commentary

Swedish retail sales rose in the month of March. Sequentially, retail sales rose 0.5 percent, whereas it rose 1.9 percent year-on-year. Previous months data was revised upwardly a bit. The outcome of March was above...