FxWirePro: Asian markets noticeably up, gold flat at $1,215 mark
Nov 28, 2018 05:12 am UTC| Commentary
All the major Asian indices were trading on a higher note on Wednesday. Gold was trading around $1,215 mark and silver was trading around $14.13 mark. Japans Nikkei was trading 1.05 pct higher at 22,183.50...
Australian bonds remain tad higher in silent trading hours amid slight downside in equities
Nov 28, 2018 04:36 am UTC| Commentary Economy
Australian government bonds remained tad higher during Asian session Wednesday as investors risk appetite showed downward signs, tracking a similar movement in the United States Treasuries. The yield on Australias...
Danish inflation likely to stay muted, may pick up significantly in February 2019
Nov 27, 2018 19:43 pm UTC| Commentary
Danish inflation is likely to pick-up modestly in the future. The decrease in car taxes last year slipped out inflation in October and the drag from declining food prices should fade in the months ahead, noted Danske Bank...
Bank of Korea likely to hike interest rate by 25 bps in November
Nov 27, 2018 19:27 pm UTC| Commentary
The South Korean central bank is set to meet this week for interest rate decision. According to a DBS Bank research report, the Bank of Korea is expected to hike 25 basis points. The governor has been hinting at rate hikes...
U.K. CBI Distributive Trades survey suggest slightly better retail sales performance in November
Nov 27, 2018 18:49 pm UTC| Commentary
Retailers in the U.K. continue to struggle. The most recent official retail sales prints released earlier in November showed that the activity on the High Street decelerated in October after very solid growth in the second...
U.S. Conference Board’s index of consumer confidence falls in November, but remains strong
Nov 27, 2018 18:27 pm UTC| Commentary
U.S. consumer confidence falls in November; however, it remains at historically solid levels. The Conference Boards index of consumer confidence fell to 135.7 in November, after scaling an 18-year high in October. The...
Nov 27, 2018 17:25 pm UTC| Commentary
U.S. home price appreciation momentum eases again in September. According to the SP/Case Shiller and FHFA surveys, home prices rose at a moderate pace. In the SP survey, prices were up 0.3 percent sequentially, rebounding...