German bunds jump ahead of ECB President Lagarde’s speech, Q4 GDP

Feb 10, 2020 11:23 am UTC| Commentary Economy

The German bunds jumped during European trading session Monday ahead of the European Central Bank (ECB) President Christine Lagardes speech, scheduled to be delivered on February 11 by 14:00GMT, besides, the countrys gross...

Norwegian core inflation accelerates above expectations in January, to contribute positively to March rate path

Feb 10, 2020 11:18 am UTC| Commentary

Norways core inflation came in above expectations in January. On a year-on-year basis, the core inflation accelerated sharply to 2.9 percent from Decembers 1.8 percent, as compared with consensus expectations of an...

China’s January CPI overshoots market estimates, partially due to deadly virus outbreak

Feb 10, 2020 08:23 am UTC| Commentary Economy

Chinas consumer price inflation (CPI) for the month of January has overshot market expectations in January, partially due to the virus outbreak, because a 1.4 percent m/m spike is higher than the seasonal increases seen...

EM Asian currencies except SGD likely to rally on hopes of China’s improving situation over coming week, says Scotiabank

Feb 10, 2020 08:08 am UTC| Commentary Economy

The emerging market Asian currencies except the SGD is expected to rally on expectations for Chinas improving coronavirus situation in the coming weeks, according to the latest research report from Commerzbank. EM Asian...

FxWirePro: Asian markets in red, gold hovers around $1,570 mark

Feb 10, 2020 05:25 am UTC| Commentary

All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,571 mark while silver was trading around $17.73 mark. Japans Nikkei was trading 0.66 pct lower at 23,670.50...

Australian bonds jump as investors crowd safe-haven assets amid rise in Coronavirus death tolls

Feb 10, 2020 03:44 am UTC| Commentary Economy

The Australian bonds jumped during Asian session of the first trading day of the week Monday as investors continued to crowd into safe-haven assets amid a continued increase in Chinas death tolls emerging from...

Norwegian core inflation likely to have accelerated in January

Feb 07, 2020 18:56 pm UTC| Commentary

Norwegian inflation data for the month of January is set to release early next week. According to a Nordea Bank research report, core inflation is likely to have accelerated to 2 percent year-on-year, a rise from 1.8...