Bank of Korea likely to continue with pro-growth stance
Feb 19, 2019 16:51 pm UTC| Commentary
The Bank of Korea is likely to continue with its pro-growth stance given mounting risks of disinflation/deflation, supportive of local financial markets, noted Scotiabank in a research report. South Korean consumer price...
U.K. employment rises in Q4 2018, jobless rate remains stable at 4 pct
Feb 19, 2019 14:15 pm UTC| Commentary
The latest report from the ONS showed that the U.K. labor market ended 2018 on a strong footing. In the fourth quarter of last year, employment rose 167k from the third quarter, while the jobless rate remained stable at 4...

FxWirePro: Sharp breakout awaits silver
Feb 19, 2019 13:18 pm UTC| Commentary
Silver is likely to follow gold higher. The price of silver continues its gradual rise even as sellers continue to bombard the white metal around the key resistance zone of $15.8-$15.9 per troy ounce. Our...
Hong Kong labor market likely to remain tight, jobless rate to have stayed at 2.8 pct in Jan
Feb 19, 2019 12:41 pm UTC| Commentary
Hong Kongs economy grew 3.5 percent year-on-year in the first nine months. Thanks to the economic growth, the labor market is likely to remain tight, noted DBS Bank in a research report. Recovery in inbound tourism and...

FxWirePro: Gold edges higher to test $1360 resistance area
Feb 19, 2019 12:37 pm UTC| Commentary
The yellow metal continues to shine brightly. The price of gold has declined steadily after failing to breach the key $1365-85 resistance area in 2018 but started recovering grounds fast since November last year. It...
Swedish inflation decelerates in January, imported inflation likely to bounce in months ahead
Feb 19, 2019 11:27 am UTC| Commentary
Swedish CPIF inflation came in much below forecasts in January. On a year-on-year basis, the CPIF inflation slowed to 2 percent in the month, as compared with consensus expectations of 2.3 percent. Stripping energy, CPIF...

FxWirePro: Retail sentiment points to gradual downside in pound
Feb 19, 2019 09:05 am UTC| Commentary Central Banks
The British sterling is likely to face further slide, At least retail sentiment is pointing in that direction. The pound has already declined around 300 pips since it tested key resistance around 1.32 area....