FxWirePro: Asian markets remarkably up, gold flat at $1,227 mark
Oct 22, 2018 04:19 am UTC| Commentary
All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,227 mark while silver was trading around $14.64 mark. Japans Nikkei was trading 0.44 pct lower at 22,631.55...
Oct 22, 2018 03:10 am UTC| Commentary Economy
Australian government bonds slumped on the first trading day of the week Monday amid a muted trading session that witnessed data of little economic significance. However, a host of speeches from the Reserve Bank of...
Euro area’s current account surplus rises slightly in August, likely to dip in whole of Q3
Oct 19, 2018 19:03 pm UTC| Commentary
Euro areas current account surplus rose slightly in August after falling markedly to below EUR 20 billion for the first time in 18 months in July. The surplus rose to EUR 24 billion, with the rebound being driven by a rise...
U.S. existing home sales fall sequentially in September
Oct 19, 2018 17:58 pm UTC| Commentary
U.S. existing home sales dropped in the month of September. On a sequential basis, existing home sales fell 3.4 percent to 5.14 million units, the lowest level since November 2015. Market expectations were for a decline of...
Canadian retail spending drops surprisingly in August
Oct 19, 2018 16:33 pm UTC| Commentary
Canadas retail spending fell surprisingly in August. On a sequential basis, retail sales in Canada dropped 0.1 percent, as compared to projections of a rise of 0.3 percent. Moreover, spending growth for the month of July...
Canadian headline inflation slows down in September
Oct 19, 2018 14:49 pm UTC| Commentary
Canadas consumer price inflation decelerated in the month of September, coming in below consensus expectations. On a year-on-year basis, the headline inflation decelerated to 2.2 percent from Augusts 2.8 percent, as...
Norges Bank likely to stand pat in October, may hike rate in Q1 2019
Oct 19, 2018 13:49 pm UTC| Commentary
Norges Bank is set to meet next week for its monetary policy decision. According to a Nordea Bank research report, the central bank is expected to keep it on hold. During its September meeting, Norges Bank had hiked its...