Australian bonds jump tracking U.S. Treasuries after ECB delays plan to hike interest rates

Mar 08, 2019 04:25 am UTC| Commentary Economy

Australian government bonds jumped during Asian trading session Friday tracking a similar movement in the United States Treasuries after the European Central Bank (ECB) decided to delay its plan of interest rate hike and...

Swedish inflation likely to have picked up in February – Nordea Bank

Mar 07, 2019 19:30 pm UTC| Commentary

Swedish inflation is likely to have picked up in February, however, the rise would be temporary and inflation would continue to be a long-term challenge for the central bank, noted Nordea Bank in a research report....

U.S. healthcare and consumer goods output grow sharply in February

Mar 07, 2019 19:10 pm UTC| Commentary

U.S. Sector PMI data showed a sharp growth in healthcare and consumer goods output in February. The sectors were tied at the top of the rankings, with the rates of growth reaching four-and nine-month highs, respectively....

ECB hints at interest rates to remain at present levels through end-2019

Mar 07, 2019 18:40 pm UTC| Commentary Central Banks

The European Central Bank surprised the financial markets today. The central bank hinted that interest rates are now likely to stay at their present levels at least through the end of this year. Earlier, the ECB had...

U.S. productivity growth rises above expectations in Q4 2018

Mar 07, 2019 16:46 pm UTC| Commentary

U.S. productivity growth picked up a bit in the fourth quarter of 2018. Measures as nonfarm output per hour, productivity growth rose 1.9 percent quarter-on-quarter, as compared with consensus expectations of 1.5 percent....

Italian retail sales rise sequentially in January

Mar 07, 2019 16:45 pm UTC| Commentary

Italian retail trade index rose in the month of January after falling in December 2018. On a sequential basis, the Italian retail sales rose 0.5 percent in terms of value and was up 0.6 percent in terms of volume. In the...

Economic conditions in Brazilian service sector rebounds further in February, PMI index rises to 52.2

Mar 07, 2019 13:50 pm UTC| Commentary

Brazilian service sectors economic conditions rebound further in February. The headline seasonally adjusted IHS Markit Brazil Services Business Activity Index came in at 52.2, hinting at a modest rise in output....