
Australia’s trade surplus surges in November, well above market expectations
Jan 09, 2020 06:23 am UTC| Economy
Australias trade surplus surged to AUD5.8bn in November, well above our and market expectations. The rise in the trade surplus was from a combination of higher exports and lower imports, up 1.8 percent m/m and down 2.8...
2020 likely to be another disappointing year for European economy, says Capital Economics
Jan 09, 2020 04:26 am UTC| Commentary Economy
The latest set of economic data suggest that the euro-zone economy might have avoided a further slowdown in Q4 last year, adding to the evidence that growth is bottoming out. However, the economy seems to have remained...
Australian bonds slump after U.S. President confirms no casualties from Iranian attack
Jan 09, 2020 02:33 am UTC| Commentary Economy
The Australian bonds slumped during Asian trading session Thursday tracking its U.S. counterpart after President Donald Trump confirmed that there have been no casualties from the Iranian attack on Iraq-based U.S. troops,...
U.S. Treasuries gain ahead of December ADP non-farm employment change, 10-year auction
Jan 08, 2020 12:56 pm UTC| Commentary Economy
The U.S. Treasuries gained during Wednesdays afternoon session ahead of the countrys ADP non-farm employment change for the month of December, scheduled to be released today by 13:15GMT and the 10-year auction, also due to...
UK gilts edge slightly higher ahead of BoE Governor Carney’s speech
Jan 08, 2020 11:28 am UTC| Commentary Economy
The United Kingdoms gilts edged tad higher during mid-week European trading hours Wednesday amid a muted trading session that witnessed data of little economic significance ahead of a speech by Bank of England (BoE)...
German bunds narrowly mixed in muted session ahead of November trade balance
Jan 08, 2020 10:21 am UTC| Commentary Economy
The German bunds remained narrowly mixed during European session Wednesday amid a muted trading session that witnessed data of little economic significance ahead of the countrys trade balance data for the month of...
Global aluminium price to rise in 2020 despite surplus, says Capital Economics
Jan 08, 2020 08:58 am UTC| Commentary Economy
Global aluminium price is expected to rise this year even if, as the market flips from a deficit to a surplus. This is due to expectations that investors will focus on a more positive backdrop for aluminium demand, amid...