Australian bonds gain on weak capital expenditure; firmer U.S. Treasuries provide support

Mar 01, 2018 02:57 am UTC| Commentary Economy

Australian government bonds gained Thursdayafter new capital expenditure declined in the last quarter of 2017, which is negative for the economy. Also, tracking firmness in the U.S. Treasuries supported the bond...

U.S. headline PCE inflation likely to have fallen in January

Feb 28, 2018 21:03 pm UTC| Commentary

Headline PCE inflation in the U.S. is expected to have fallen in the month of January. According to a TD Economics research report, the PCE inflation is likely to have fallen to 1.6 percent year-on-year, reflecting a 0.3...

U.S. pending home sales decline sharply in January, existing home sales to slow in months ahead

Feb 28, 2018 21:02 pm UTC| Commentary

U.S. pending home sales saw sharp fall in the month of January. The index of pending home sales dropped 4.7 percent sequentially, to its lowest in about three years. The data released today are lower than consensus...

Swedish economy expands below Riksbank’s projection in Q4 2017

Feb 28, 2018 20:30 pm UTC| Commentary

Swedish economy expanded slightly below Riksbanks projection. The nations GDP grew 0.9 percent on a sequential basis in the fourth quarter of 2017. On a year-on-year basis, it rose 3.3 percent. The underlying components...

Second estimate of U.S. Q4 2017 economic growth affirms solid expansion

Feb 28, 2018 20:29 pm UTC| Commentary

Second estimate of the U.S. fourth quarter economic growth affirms strong growth at the end of 2017. The BEAs second estimate showed that the U.S. economy expanded 2.5 percent in the December quarter. That was slightly...

Sweden wage growth remains subdued in 2017, Riksbank likely to stay on hold in 2018

Feb 28, 2018 19:02 pm UTC| Commentary

Wages in Sweden rose in the month of December and the whole of 2017. Wage growth continued to be subdued despite a strong economic growth. Wages rose 2.5 percent in the whole of 2017 and 2.6 percent year-on-year in...

Indian GDP growth rebounds in December quarter, RBI likely to maintain policy rate at 6 pct through 2018

Feb 28, 2018 18:06 pm UTC| Commentary

The Indian economic growth accelerated sharply in the third quarter of the fiscal year ending March 2018. The GDP growth accelerated to 7.2 percent year-on-year from 6.5 percent year-on-year previously. The divergence...