INR likely to remain resilient; eyes on Modi-Trump meeting, says Scotiabank
Feb 24, 2020 06:28 am UTC| Commentary Economy
The Indian rupee is expected to remain resilient and the Federal Reserve to maintain its dovish tone, according to the latest research report from Scotiabank. The INR has been outperforming most regional peers since...
Canadian retail sales likely to have grown in December
Feb 20, 2020 19:09 pm UTC| Commentary
Canadian retail sales data for the month of December is set to release tomorrow. According to a TD Economics research report, the retail sales are expected to have grown 0.5 percent sequentially in the month to provide a...
Bank Indonesia cuts key interest rate by 25 bps to 4.75 pct, likely to cut one more time
Feb 20, 2020 17:47 pm UTC| Commentary Central Banks
Bank Indonesia cut its key interest rate by 25 basis points today to 4.75 percent after a three-month pause. The cut made today marked the resumption of the central banks rate cutting cycle. The BI had previously lowered...
U.K. retail sales rise strongly in January
Feb 20, 2020 13:54 pm UTC| Commentary
U.K. retail sales rose strongly in January, providing the first real piece of strong evident that the post-election bounce in economic activity was being borne out in the official hard data, noted Lloyds Bank in a research...
Feb 20, 2020 11:26 am UTC| Economy Commentary
The United Kingdoms held gains during European trading hours on Thursday even as the countrys January retail sales remained solid and promising, with month -over- month data rising to seven month high of 0.9...
German bunds hold gains as investors monitor coronavirus situation
Feb 20, 2020 11:03 am UTC| Commentary Economy
German bunds held gains during afternoon session on Thursday as traders seek refuge in safe-haven assets on fear that the coronavirus outbreak will slow the global economy. The German 10-year bond yield, which move...

Australian jobless rate lifts to 5.3 pct in January, employment change modest
Feb 20, 2020 07:53 am UTC| Commentary Economy
In a reversal of Decembers move, Australias unemployment rate ticked back up to 5.3 percent in January, while employment rose modestly. The underutilisation rate jumped to a 19-month high. Alongside this, the participation...