FxWirePro: Buzz in bullion after Trump’s inaugural and Fed’s hawkish rhetoric to prevail
Jan 30, 2017 10:00 am UTC| Commentary
Bullion for immediate delivery traded at $1,196.68 an ounce on Thursday, up 4.3 percent this year, according to Bloomberg generic pricing. Last year, it rose 8.1 percent to snap three annual declines even after dropping in...
Norwegian retail sales drop in December
Jan 30, 2017 09:38 am UTC| Commentary
Norways retail sales came in weak in December. The retail sales index dropped 2.1 percent sequentially in December from the rise of 0.2 percent recorded in November. Most industries saw a drop in retail sales volume in the...
German bunds slide on expectations of higher consumer inflation
Jan 30, 2017 09:21 am UTC| Commentary
The German government bunds slid Monday, following expectations of upbeat consumer price inflation, scheduled to be released later in the day. Also, markets are eyeing the release of fourth quarter gross domestic...
U.S. income and spending likely rose in December, inflation to have remained modest
Jan 30, 2017 09:07 am UTC| Commentary
U.S. income and spending are expected to have jumped in December; however, inflation is likely to have stayed modest. In December private payrolls rose 0.12 percent, whereas average hourly earnings rose 0.4 percent in the...
Indian bonds remain volatile ahead of next week’s Union Budget, RBI policy meet in focus
Jan 30, 2017 09:03 am UTC| Commentary
The Indian government bonds remained volatile ahead of the presentation of the countrys Union Budget, scheduled to be unveiled on February 1. Also, market participants cashed in profits at the start of the week amid losses...
Fundamentals to watch out for this week
Jan 30, 2017 08:49 am UTC| Commentary Economy Central Banks
This week is extremely risk heavy. The week is filled with scheduled data releases and events which are likely to trigger large scale volatilities in the market. What to watch for over the coming days: US...
German inflation likely to have accelerated to 2 pct year-on-year in January, says Societe Generale
Jan 30, 2017 08:19 am UTC| Commentary
Germanys inflation gauged by the consumer price index and HICP both are likely to have accelerated in January. In the prior month, HICP inflation had risen by one full percentage point. According to a Societe Generale...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood