FxWirePro: Asian markets almost flat, gold remains well supported above $1,300 mark
Feb 14, 2019 04:18 am UTC| Commentary
All the major Asian indices were trading on a flat note on Thursday. Gold was trading around $1,308 mark while silver was trading around $15.61 mark. Tokyos Nikkei was trading 0.15 pct higher at 21,176.55...
Feb 13, 2019 19:44 pm UTC| Commentary
U.K. house price growth decelerated at the end of 2018. In line with the downbeat message from recent housing market surveys and decelerating economic growth, the official house price figures released today indicated that...
Euro area’s industrial production falls markedly in December, likely to increase in January
Feb 13, 2019 18:33 pm UTC| Commentary
Euro areas industrial output dropped markedly. Sequentially, industrial production fell 0.9 percent in December after falling 1.7 percent in the prior month. The softness was driven by production of capital goods and...
Chinese exports growth likely contracted in January, headline inflation to have decelerated further
Feb 13, 2019 17:40 pm UTC| Commentary
Chinese exports data for the month of January is set to release tomorrow. According to a DBS Bank research report, Chinas exports are likely to have contracted 2.7 percent year-on-year in January after rising 4.4 percent...
U.S. headline inflation eases slightly below market expectations in January
Feb 13, 2019 15:21 pm UTC| Commentary
U.S. headline inflation came in flat sequentially in January, a bit weaker than market projections. Energy prices dropped for the third straight month, declining 3.1 percent sequential and 4.8 percent year-on-year. On a...
API reports build while market awaits EIA report
Feb 13, 2019 14:27 pm UTC| Commentary
Oil benchmarks are gradually moving higher as supplies are set to decline relatively rapid from OPEC beginning this year. However, the growth concern in Europe and China are exerting downward pressure. WTI is currently...
Czech headline inflation accelerates above expectations in January
Feb 13, 2019 14:07 pm UTC| Commentary
Czech consumer price inflation accelerated above market and the central banks expectations in January. Sequentially, prices rose 1 percent, pushing the year-on-year rate to 2.5 percent. Even if the outcome might be...