U.S. import prices rise in May on higher fuel costs

Jun 14, 2018 18:52 pm UTC| Commentary

U.S. import prices rose in the month of May, owing to increase in fuel costs. Import prices rose 0.6 percent. Excluding fuel, import prices continue to rise at a moderate pace and do not pose an immediate threat to more...

U.S. retail sales rise sharply in May, consumption growth likely to rise 3 pct in Q2

Jun 14, 2018 17:41 pm UTC| Commentary

U.S. retail sales rose sharply in the month of May. The advance Census Bureau report showed that the retail sales surged 0.8 percent, while the Aprils data was upwardly revised to a gain of 0.4 percent from 0.3 percent....

Polish National Bank unlikely to hike rates in 2018 and 2019

Jun 14, 2018 16:44 pm UTC| Commentary

Polish National Bank is expected to keep the interest rates stable this year and next year because of limited inflationary pressure, noted Erste Group Research. Since the start of 2018, inflation has continued to be well...

U.K. retail sales rises strongly in May, GDP growth likely to accelerate in Q2

Jun 14, 2018 15:51 pm UTC| Commentary

U.K. retail sales rose again in May after rising strongly in the prior month. This eased concerns regarding the health of the U.K. consumer. On a sequential basis, retail sales rose 1.3 percent, as compared with consensus...

Initial Coin Offering Series

ICOs to relax with a sigh of relief on both US SEC and Thailand SEC

Jun 14, 2018 14:06 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary Fintech

Investing In America: At the Town Hall Meeting held in Atlanta, the SEC Chairman has reiterated in his speech where he pointed out that ICOs should be considered as securities, that need regulation. The town hall was...

Australian jobless rate falls in May, labor market likely to see further improvements in months ahead

Jun 14, 2018 13:38 pm UTC| Commentary

Australian jobless rate dropped more than anticipated in May. However, other details in the report came in slightly disappointed. Total employment rose slightly below expected. Employment rose 12 k in May, following a...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA

Jun 14, 2018 13:03 pm UTC| Commentary

Here are some key charts based on data from United States Energy Information Agencys (EIA) latest report that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production in...