FxWirePro: Asian markets noticeably up, gold back above $1,200 mark
Aug 27, 2018 04:00 am UTC| Commentary
All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,207 mark while siver was trading around $14.82 mark. Japans Nikkei was trading 0.90 pct higher at 22,797.50...
Thai economy likely to expand 4.6 pct in 2018, BoT likely to hike rates by 25 bps in Q4 2018
Aug 24, 2018 20:45 pm UTC| Commentary
Thai economy grew 1 percent sequentially in the second quarter, following the 2.1 percent growth in the first quarter of 2018. On a year-on-year basis, growth remained solid at 4.6 percent year-on-year, and was driven by...
Indian economic growth likely to have accelerated to 8 pct year-on-year in Q2 2018
Aug 24, 2018 20:07 pm UTC| Commentary
Indian second quarter economic growth data is set to release next week. In the recent quarters, Indian economic growth has been on a path of steady rebound. In the March quarter, headline growth had reached 7.7 percent,...
Aug 24, 2018 19:16 pm UTC| Commentary
The number of U.K. mortgage approvals for house purchase dropped in the month of July after having been on an upward trend since the beginning of the year. On a year-on-year basis, approvals fell 0.6 percent, still a...
German GDP growth accelerates in Q2 2018, to continue to expand at similar pace in H2 2018
Aug 24, 2018 18:19 pm UTC| Commentary
The German national accounts for second quarter were released today, affirming the GDP growth of 0.5 percent on a sequential basis and 2.3 percent year-on-year. This was an acceleration from the first quarters data....
Euro area’s headline inflation likely to have slowed marginally in July
Aug 24, 2018 17:24 pm UTC| Commentary
There have been certain signs lately that the euro areas economic activity is beginning to rebound after a subdued beginning to the year. The August Eurozone PMIs report released this week indicated a modest growth in the...
U.S. durable goods orders drop sequentially in July
Aug 24, 2018 15:21 pm UTC| Commentary
Durable goods orders in the U.S. came in slightly better than expected in July. On a sequential basis, durable goods fell 1.7 percent. Nondefense aircraft orders dropped 35.4 percent sequentially, widely consistent with...