Australian bonds surge in silent trading ahead of RBA’s interest rate decision
Sep 28, 2018 03:37 am UTC| Commentary Economy
Australia government bonds surged during Asian session Friday amid a silent trading session that witnessed domestic data of little economic significance. However, the Reserve Bank of Australias (RBA) monetary policy...
Canadian GDP growth likely to have declined in July
Sep 27, 2018 19:19 pm UTC| Commentary
Canadas industry-level GDP data is set to be released tomorrow. According to a TD Economics research report, the GDP growth is likely to have declined modestly by 0.1 percent in July on softness in the energy sector after...
Euro area economic sentiment index falls further in September
Sep 27, 2018 18:52 pm UTC| Commentary
The European Commissions business and consumer sentiment index falls again in September. The headline economic sentiment index dropped further by 0.7 points to a fifteen0month low of 110.9. The fall was partially because...
U.S. durable goods recover strongly in August
Sep 27, 2018 18:24 pm UTC| Commentary
U.S. durable goods recovers strongly in August. The headline durable goods orders rose 4.2 percent sequentially in the month, recovering from a 1.2 percent sequential fall in the prior month. The recovery in August was...
U.S. trade deficit widens in August, net exports likely to weigh in on real GDP growth in Q3 2018
Sep 27, 2018 17:18 pm UTC| Commentary
The U.S. international trade data for August shows that trade deficit widened. The latest trade data implied that the net exports might significantly subtract from the real GDP growth in the third quarter, stated Barclays...
Sep 27, 2018 16:57 pm UTC| Commentary
U.S. pending home sales dropped in August. On a sequential basis, pending home sales fell 1.8 percent sequentially in the month, extending the weakness in the previous month. The outturn was more subdued than the consensus...
U.S. third estimate of Q2 GDP growth unchanged at 4.2 pct
Sep 27, 2018 16:06 pm UTC| Commentary
The third estimate of the U.S. second quarter GDP data remained unchanged at 4.2 percent sequentially. Looking at the details, updated estimates indicated higher consumption spending on goods, higher government spending...