Swedish housing starts fall in Q2 2019, likely to decline further going forward

Aug 20, 2019 13:02 pm UTC| Commentary

Swedish housing starts dropped in the first half of this year. The new figures indicate a sharp downward trend since the peak in 2017. Statistics Swedens preliminary figures indicate that the number of housing starts stood...

UK gilts gain in muted trading day amid Brexit worries, global recessionary fears

Aug 20, 2019 10:24 am UTC| Commentary Economy

The United Kingdoms gilts gained during European trading hours Tuesday, amid a muted session that barely witnessed any data of major economic significance. However, fears of a global economic breakdown and possibilities of...

German bunds surge ahead of 30-year auction, August manufacturing PMI

Aug 20, 2019 09:38 am UTC| Commentary Economy

The German bunds surged during European trading session Tuesday ahead of the countrys super-long 30-year auction, scheduled to be held on August 21 by 15:10GMT and the manufacturing PMI for the similar month, due for...

Australia’s ANZ-Roy Morgan consumer confidence falls last week, closes below long-term average

Aug 20, 2019 08:49 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence fell 2.3 percent last week, closing below the long-term average. The fall was driven by weakness in economic conditions, with current falling 3.8 percent and future losing a...

Australian bonds suffer following ease in global recession fears; RBA hints at further easing

Aug 20, 2019 04:56 am UTC| Commentary Economy

The Australian government bonds suffered during Asian session of the second trading day of the week Tuesday following investors improved appetite after global recession fears eased, tracking hopes of stimuli from major...

FxWirePro: Asian markets mixed, gold trades flat at $1,495 mark

Aug 20, 2019 04:43 am UTC| Commentary

All the major Asian indices were trading on a mixed note note on Tuesday. Gold was trading around $1,495 mark while silver was trading around $16.88 mark. Japans Nikkei was trading 0.38 pct higher at 20,641.50...

Canadian manufacturing sales likely to have contracted in June

Aug 19, 2019 18:38 pm UTC| Commentary

Canadian manufacturing sales data for the month of June is set to release tomorrow. According to a TD Economics research report, manufacturing activity is likely to have contracted 1.9 percent, owing to a fall in...