EM Asian currencies likely to rally further during rest of September, remain susceptible to Fed’s monetary policy stance: Scotiabank
Indian headline inflation accelerates modestly in August, RBI likely to cut policy rate by 40 bps in October
China’s domestic activity continues to deteriorate in August, credit demand lacklustre amid uncertainty
Australian bonds slump as positive U.S. data aid markets, easing trade tensions provide modest support
Italian industrial turnover index rises sequentially in March
Italian industrial turnover index rose sequentially in March. Sequentially, the index rose 0.3 percent. On a quarterly basis, the index rose 0.9 percent. In domestic market and non-domestic market, the index dropped 0.3 percent and rose 1.5 percent, respectively.
On a quarterly basis, the domestic market index and the non-domestic market index rose 0.9 percent and 1.1 percent, respectively. The seasonally adjusted industrial new orders index rose 2.2 percent sequentially. On a quarterly basis, the index remained unchanged.
On a year-on-year basis, the industrial turnover index dropped 1.3 percent. In domestic market, the index rose 0.2 percent, while it rose 3.5 percent in non-domestic market. Calendar working days in March were 21, one less than March 2018. The unadjusted industrial new orders index dropped 3.6 percent year-on-year.
The seasonally adjusted volume turnover index only for manufacturing sector rose 0.4 percent sequentially. On a quarterly basis, the index rose 1.1 percent in the first quarter. The calendar adjusted volume turnover index rose 0.3 percent year-on-year.
At 13:00 GMT the FxWirePro's Hourly Strength Index of Euro was slightly bearish at -59.311 while the FxWirePro's Hourly Strength Index of US Dollar was highly bullish at 120.415 more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex