U.S. personal income falls sequentially in January
Mar 01, 2019 18:31 pm UTC| Commentary
The BEA released a report today showing the U.S. personal income dropped in January; however, the December print was upwardly revised. Sequentially, personal income fell 0.1 percent, while the December print was revised to...
U.S. ISM manufacturing index falls in February
Mar 01, 2019 18:11 pm UTC| Commentary
The U.S.ISM manufacturing index dropped 2.4 percentage points to 54.2 in February. Market expectations were for a comparatively flat reading. Apart from inventories, four of the five subcomponents that comprise the...
U.K. manufacturing PMI index drops in February to four-month low, sentiment eases further
Mar 01, 2019 16:17 pm UTC| Commentary
The IHS Markit/CIPS Manufacturing PMI for February showed that the sentiment in the manufacturing sector in the U.K. eased back further last month. The headline measure of the survey fell to a four-month low of 52 from...
Norwegian jobless rate falls in February
Mar 01, 2019 14:22 pm UTC| Commentary
Norwegian jobless rate dropped in the month of February. The decline in the unemployment rate was partially due to a seasonal change but the seasonally adjusted number of unemployed, both with and without people on labor...
Mar 01, 2019 14:19 pm UTC| Commentary
Reuters has released its February OPEC oil market production survey and it suggests that OPEC production is set for a decline to the tune of 300,000 barrels per day compared to the revised January production data...

FxWirePro: How low will gold go?
Mar 01, 2019 13:42 pm UTC| Commentary
Green buck outshining the yellow metal. The price of gold has declined sharply after it reached $1345 per troy ounce earlier this month, as the USD started recovering on strong fundamentals. Better than expected...
Euro area’s flash headline inflation accelerates marginally in February, core rate remains subdued
Mar 01, 2019 13:24 pm UTC| Commentary
Euro areas headline consumer price inflation saw a marginal rise in February after falling for three straight months. On a year-on-year basis, inflation came in at 1.5 percent, a slight acceleration from 1.4 percent in the...