Euro area construction activity eases in January, PMI index falls to 50.6
Feb 06, 2019 16:44 pm UTC| Commentary
Euro areas construction activity rose in January at the softest pace since July 2018. The headline IHS Markit construction PMI dropped to 50.6 from Decembers 53.1, hinting at the slowest growth in six months. The pace of...
U.S. Treasury yields slump ahead of 10-year auction, FOMC member Quarles’ speech
Feb 06, 2019 14:40 pm UTC| Commentary Economy
The U.S. Treasury yields slumped during New York session Wednesday ahead of the countrys 10-year Note auction and Federal Open Market Committee (FOMC) member Randal K. Quarles speech, both scheduled for today at 18:00GMT...
Reserve Bank of India likely to stand pat in February, panel likely to shift to ‘neutral’ stance
Feb 06, 2019 14:30 pm UTC| Commentary
The Indian central bank is set to meet tomorrow for its interest rate decision. According to a DBS Bank research report, the Reserve Bank of Indias monetary policy panel is expected to weigh the slippage in FY 2019 and...
German construction activity slows down in January, PMI index falls to 50.7
Feb 06, 2019 13:12 pm UTC| Commentary
The latest IHS Markit construction PMI data for January saw that the construction activity in Germany continued to rise, though severe bad weather in parts of the nation saw the pace of growth slow compared with the...
UK gilts tad higher tracking U.S. Treasuries as investors eye BoE’s monetary policy meeting eyed
Feb 06, 2019 13:06 pm UTC| Commentary Economy
The United Kingdoms gilts traded slightly on the upside during Wednesdays late afternoon session, tracking a similar movement in the United States Treasuries as market investors keep a close eye on U.S. 3-tier economic...
German factory orders fall in December
Feb 06, 2019 11:54 am UTC| Commentary
German factory orders came in below expectations in December. Sequentially, orders dropped 1.6 percent, as compared with consensus expectations of a rise of 0.3 percent. However, these figures are likely influenced...
Feb 06, 2019 11:31 am UTC| Commentary Economy
The USD/BRL currency pair is expected to face upside risks, stemming from the uncertainties over the adoption of pension reforms by the Brazilian central bank (BCB), in its monetary policy meeting, scheduled for later...