
May 04, 2016 08:11 am UTC| Commentary Central Banks
The Canadian economic position seems encouraging, with GDP and retail sales both producing upbeat consensus expectations in March. Despite the prevailing economic conditions, the BoC stood pat at its current policy...
Weak April exports data to weigh on South Korea’s Q2 economic growth
May 04, 2016 08:00 am UTC| Commentary
South Korean exports shrank again in April on year-on-year basis due to weak foreign demand. The economic growth for Q2 is expected to be weighed on due to weak exports, according to Scotiabank. Moreover, South Koreas CPI...
Strong US vehicle sales indicate durable goods consumption likely recovered in April
May 04, 2016 07:57 am UTC| Commentary
The data from BEA seasonal adjustment factors and WardsAuto shows that in April, lightweight vehicles sales in the US reached 17.32 million units saar. This is on par with consensus projections of 17.4 million and slightly...
Denmark’s FX reserve declines in April, interest rate on certificate of deposits to stay unchanged
May 04, 2016 07:24 am UTC| Commentary
Denmarks FX reserve in April fell DKK8.8 billion to DKK403.5 billion because of the Danmarks Nationalbanks repayment of foreign debt. Last month, the pair EUR/DKK fell towards 7.4400. Aprils FX reserve data indicates that...

May 04, 2016 07:18 am UTC| Commentary
The Aussie dollar gained earlier today during Asian trading session as investors moved on from a central bank rate cut to a record low 1.75% the previous day and focused on U.S. jobs data at the end of the week. TheU.S....
S. Korean bonds gain on weak risk sentiments
May 04, 2016 07:02 am UTC| Commentary
The South Korean bonds closed modestly firmer Wednesday as investors pour into safe-haven assets amid deepening economic growth fears after reading steady April consumer price index (CPI) figure on Tuesday. Also, tumbling...
India’s Services PMI falls in April, private sector activity growth weakens
May 04, 2016 06:39 am UTC| Commentary
Even if Indias April PMI data indicated that the nations economic conditions continued to rebound, service providers and goods producers witnessed weak output growth. Service providers experienced a slower growth in new...