FxWirePro: The Day Ahead- 15th May 2017
May 15, 2017 04:44 am UTC| Commentary
Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Home loans declined by 0.5 percent in March while investment lending...
Asian markets mixed, gold jumps above $1,230 mark
May 15, 2017 04:24 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Monday. Gold was trading around $1,230 mark while silver was trading around $16.53 mark. Japans Nikkei was trading 0.12 pct lower at 19,860.50 points. Hong...
Hungarian economy likely grew 2.9 pct in Q1, expected to expand 3 pct in 2017 - Barclays
May 12, 2017 23:01 pm UTC| Commentary
The Hungarian economy is expected to have expanded in the first quarter of this year. According to a Barclays research report, the real GDP of Hungary is likely to have grown 2.9 percent. Construction output for the first...
Japanese economy likely expand sequentially in Q1, expected to grow 1.2 pct in 2017 – Wells Fargo
May 12, 2017 22:49 pm UTC| Commentary
Japan is set to release its first quarter economic growth data next week. According to a Wells Fargo research report, the Japanese economy is likely to have grown 0.4 percent on a quarter-on-quarter basis, while it is...
Canadian consumer price inflation likely accelerated in April
May 12, 2017 22:39 pm UTC| Commentary
The consumer price inflation of Canada is expected to have accelerated in April from Marchs print. According to a TD Economics research report, the headline inflation is likely to have firmed to 1.7 percent year-on-year in...
U.S. industrial production likely to have picked up modestly in April, says Wells Fargo
May 12, 2017 22:29 pm UTC| Commentary
The U.S. industrial production expanded in March, recording the second largest rise in over a year. But the growth was nearly entirely driven by a sharp rise in utilities output that reflected the return of more normal...
Canada’s manufacturing sales likely grew strongly in March, says TD Economics
May 12, 2017 22:15 pm UTC| Commentary
Canadian manufacturing sales are likely to have come in strong in the first quarter of 2017. According to a TD Economics research report, manufacturing sales are expected to have grown 2 percent in March. A wide increase...