FxWirePro: Weak consumer sentiment drags Aussie down after three days of gain

Mar 13, 2019 05:05 am UTC| Commentary

Bulls in retreat. As Australian consumer confidence printed the weakest reading in 18 months, the Aussie declined,trimming three days of consecutive gains on the back of a weaker USD. According to todays release,...

FxWirePro: The Day Ahead- 13th March 2019

Mar 13, 2019 04:31 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today, but some with high volatility risks associated. Upcoming: Japan: Tertiary industry report will be released at 4:30 GMT. Spain: HICP inflation report will...

U.S. NFIB Small Business Optimism Index rises in February

Mar 12, 2019 19:03 pm UTC| Commentary

The U.S. small business optimism steadied in the month of February. The NFIB Small Business Optimism Index rose 0.5 points to 101.7, stemming the five-month string of falls. Optimism continues to be comparatively high, and...

Indian consumer price inflation accelerates in February, likely to remain below 3 percent until September

Mar 12, 2019 17:44 pm UTC| Commentary

Indian headline inflation accelerated in February for the first time in five months, as the fall in food prices was milder than in prior months. However, overall inflationary pressures continue to be weak, with core rate...

U.S. consumer prices rise in line with expectations in February, Fed likely to hike rates in H2 2019

Mar 12, 2019 15:38 pm UTC| Commentary

U.S. consumer prices came in line with market expectations in February. On a sequential basis, consumer prices were up 0.2 percent. On a year-on-year basis, headline inflation rose modestly by 1.5 percent, the softest rate...

Norges Bank’s regional network survey suggests strong growth in Norway’s production and employment

Mar 12, 2019 14:28 pm UTC| Commentary

The Norges Banks first quarter regional network survey indicates towards a solid growth in production and employment. Unchanged indicator for labor market tightness dampens the solid impression. The main indicator,...

Swedish CPIF inflation rises below Riksbank’s forecast in February

Mar 12, 2019 13:26 pm UTC| Commentary

Swedish CPIF inflation came in well below the central banks projections. On a year-on-year basis, the CPIF inflation came in at 1.9 percent in February, as compared with Riksbanks forecast of 2.4 percent. Stripping energy,...