U.S. personal income and spending rises below expectations in February

Mar 29, 2019 18:26 pm UTC| Commentary

The BEA reported that the U.S. personal income rose 0.2 percent in February, while personal spending rose 0.1 percent. Both came in below expectations for a 0.3 percent gain on both metrics. The tepid gain in Januarys...

Canadian economic output rises above expectations in January

Mar 29, 2019 17:46 pm UTC| Commentary

Canadian economic output rose 0.3 percent sequentially in January, surpassing market expectations of a rise of 0.1 percent. The breadth of the climb was strong, as output was higher in 18 of 20 major industries. The only...

French headline inflation decelerates slightly in March

Mar 29, 2019 13:20 pm UTC| Commentary

French headline inflation decelerated slightly in March. According to the provisional estimate, the consumer price index came in at 1.1 percent, following 1.3 percent rise in the prior month. The fall in inflation is...

Italian consumer price index rises sequentially in March

Mar 29, 2019 12:38 pm UTC| Commentary

Italian consumer price index rise sequentially in March. The preliminary estimates showed that the headline inflation came in at 0.3 percent sequentially and at 1 percent year-on-year. The stability of inflation was due to...

U.S. Treasuries suffer ahead of January PCE data, host of FOMC members’ speeches

Mar 29, 2019 12:00 pm UTC| Commentary Economy

The U.S. Treasuries suffered during afternoon session Friday, ahead of the countrys personal consumption expenditure for the month of January, scheduled to be released today by 12:30GMT. Further, FOMC members Williams,...

FxWirePro: Commodities Watch (Softs)

Mar 29, 2019 11:36 am UTC| Commentary

Background: In this FxWirePro Commodities Watch, we are to present to our readers, the performance of the various commodities, categorically classified, which are keys in understanding the broader global economy. For...

FxWirePro Commodities Watch (Meats)

Mar 29, 2019 11:34 am UTC| Commentary

Background: There has been a change in tide in the commodities market, which we feel is of utmost importance to keep a tab on. Historically speaking, a rise in commodity prices has triggered a vicious chain reaction....