Turkish economic confidence index rises sequentially in March

Mar 28, 2019 12:06 pm UTC| Commentary

Turkish economic confidence index rose in the month of March. According to the Turkish Statistical Institute, the economic confidence index rose 3.1 percent in March to 81.9 from Februarys 79.4. The rise in economic...

Swedish retail sales trend continues to be low, household consumption to grow only gradually in 2019

Mar 28, 2019 11:18 am UTC| Commentary

Swedish retail sales grew in February. On a sequential basis, retail sales were up 0.2 percent, whereas it rose 3 percent on a year-on-year basis. The outcome was consistent with consensus expectations. Meanwhile, the data...

NZ business confidence fell again in March, reversing most of the improvement seen towards end of last year

Mar 28, 2019 10:02 am UTC| Commentary Economy

New Zealands business confidence fell again in March, reversing most of the improvement that was seen towards the end of last year. Sentiment about the general economy fell to a net -38 percent, while firms views of their...

RBNZ likely to cut OCR by 25bp in August with follow-up moves in November and February, says ANZ Research

Mar 28, 2019 09:10 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to cut the Overnight Cash Rate (OCR) 25 basis points in August with follow-up moves in November and February, according to the latest report from ANZ Research. ANZ...

FxWirePro: Retail sentiment points to further upside in S&P500

Mar 28, 2019 08:43 am UTC| Commentary

.The U.S. benchmark stock index SP500 is likely to move higher, At least, retail sentiment points in that direction, and there are plenty of fuels which can act as catalysts; a positive Brexit agreement, a...

India’s current account deficit likely to narrow to below 2.0 pct of GDP in second half of FY19, says DBS Economics

Mar 28, 2019 07:57 am UTC| Commentary Economy

Indias current account deficit is expected to narrow to below 2.0 percent of the gross domestic product (GDP) in the second half of FY19, taking full year CAD to -2.3 percent, while FY20s deficit is seen at a manageable...

JGBs hop tracking global debt market rally as investors remain cautious on economic distress; eyes on February IP, retail sales data

Mar 28, 2019 06:16 am UTC| Commentary Economy

The Japanese government bonds closed higher Thursday tracking a rally in the global debt market as investors mounted among investors that an economic slowdown is nearing, especially after late last week U.S. 3-month...