Riksbank likely to stand pat in April, may hike in repo rate in October 2018 – Nordea Bank
Apr 21, 2017 19:08 pm UTC| Commentary
The Swedish central bank, Riksbank, is likely to stand pat during its upcoming meeting next week, according to a Nordea Bank research report. Inflation in the country is expected to bounce, while the economic growth has...
U.S. private sector output growth decelerates further in April
Apr 21, 2017 19:06 pm UTC| Commentary
The Markit/Flash U.S. Composite PMI Output Index hinted at a further deceleration in private sector output growth. The seasonally adjusted index dropped to 52.7 in April from 53 in March. The reading showed the weakest...
Euro area flash PMIs remained strong in April, suggests GDP growth of 0.6 pct in Q2 – Nordea Bank
Apr 21, 2017 16:32 pm UTC| Commentary
The flash PMIs for the euro area remained at a robust level in April, suggesting a GDP growth rate of about 0.6 percent in the second quarter of this year, according to Nordea Bank in a research report. The level of...
U.S. existing home sales rebounds strongly in March, rises 4.4 pct sequentially
Apr 21, 2017 15:46 pm UTC| Commentary
U.S. existing home sales grew in the month of March by 4.4 percent in sequential terms to an annualized 5.71 million. This is a robust recovery from February when sales advanced at a slightly downwardly-revised 5.47...
Canada’s consumer price inflation slows in March
Apr 21, 2017 15:18 pm UTC| Commentary
Canadas consumer price inflation slowed in the month of March on a year-on-year basis. The CPI index fell to 1.6 percent in March from Februarys 2 percent year-on-year. Most the categories witnessed a subdued price growth...

Commodities snapshot (precious & industrial)
Apr 21, 2017 14:15 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is ending the week lower as the geopolitical tensions ease. Todays range $1278-1286 We expect the gold price to reach...

Apr 21, 2017 13:39 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is marginally higher today but remains under selling pressure as geopolitical tensions ease and as production in...