Norwegian retail sales recover strongly in November

Dec 28, 2017 12:52 pm UTC| Commentary

Norwegian retail sales recovered robustly in the month of November and might ease the concern that a subdued housing market would decelerate consumption growth considerably. Norways retail sales rose 2.1 percent on a...

USD/INR likely to fluctuate around 64.00 for some time; 2018 state elections to intensify local market volatility

Dec 28, 2017 11:24 am UTC| Commentary Economy

The Indian rupee is seen to hover at around 64.00 vs the US dollar for quite some time now, while the upcoming year, burdened with a wide array of state elections, will likely intensify local market volatility from time to...

USD/RUB continues downtrend after Russian manufacturing PMI signals strongest growth since July

Dec 28, 2017 08:35 am UTC| Commentary Economy

The Russian Ruble continued to witness solid gains vs the US dollar after the Russian manufacturing sector signaled a solid improvement in operating conditions. Further, a stronger overall upturn was supported by...

Fxwirepro: Greenback seen to recover next year; 10-year Treasury yields to rise to 2.85 pct

Dec 28, 2017 07:05 am UTC| Commentary Insights & Views Economy

The US dollar is expected to recover from its downtrend going into next year, along with the Treasury yields also rising to around 2.85 percent during the period, accompanied by the projected three rate hikes by the...

Australian 10-year bond yield down over 4bps, hovers near 1-week low

Dec 28, 2017 03:14 am UTC| Commentary Economy

Australian government bonds gainedon Thursdayin line with U.S. Treasuries, sending the benchmark 10-year yield over 4 basis points lower. The U.S. Treasuries pushed higher across the curve overnight during a relatively...

U.S. pending home sales rise in November, existing home sales likely to improve further in months ahead

Dec 27, 2017 19:57 pm UTC| Commentary

Pending home sales in the U.S. rose in the month of November in contrast to the expectations of a modest drop. Sales were up 0.2 percent sequentially, as compared with consensus expectation of a decline of 0.4 percent. In...

U.S. consumer sentiment index falls more than expected in December, but remain elevated

Dec 27, 2017 18:53 pm UTC| Commentary

The U.S. Conference Boards index of consumer sentiment dropped more than expected in December. The index dropped to 122.1, as compared with consensus expectations of 128. The figure for November was also downwardly revised...