FxWirePro: Asian markets start a new week on positive note, gold stabilizes below $1,240 mark

Dec 17, 2018 03:59 am UTC| Commentary

All the major Asian indices were trading on a higher note on Monday. Gold was trading around $1,237 mark while silver was trading around $14.54 mark. Japans Nikkei was trading 0.62 pct higher at 21507.50...

Australian bonds gain amid concerns over slowing global growth; December RBA meeting minutes in focus

Dec 17, 2018 03:34 am UTC| Commentary Economy

Australian government bonds gained across the curve during Asian session Monday as investors remain cautious amid slowing global economic growth. The yield on Australias benchmark 10-year note, which moves inversely to...

Czech economic growth likely to reach around 3 pct in 2018 – Ertse Group Research

Dec 14, 2018 19:33 pm UTC| Commentary

Czech economic growth was mainly driven by domestic demand and foreign demand in the third quarter. Household consumption had risen 3.1 percent year-on-year, while government consumption had risen 5.3 percent year-on-year...

U.S. private sector output grows strongly in December, service sector growth decelerates again

Dec 14, 2018 18:29 pm UTC| Commentary

Private sector output in the U.S. continued to grow at a strong rate in December, but a deceleration in the service economy added to the softest overall growth for just one-and-a-half years. The flash Services PMI Business...

U.S. industrial production rises strongly in November

Dec 14, 2018 17:34 pm UTC| Commentary

U.S. industrial production saw a strong rise in November. The details indicate towards a deceleration of underlying activity in the manufacturing component. The headline index rose 0.6 percent sequentially in the month...

U.S. retail sales rise sequentially in November, consumer spending likely to grow over 3 pct

Dec 14, 2018 16:16 pm UTC| Commentary

U.S. retail sales rose sequentially in November. On a month-on-month basis, the retails sales were up 0.2 percent, in line with consensus expectations. Moreover, the retail sales data for October were upwardly revised to...

Euro area’s flash PMI index of service sector falls in December

Dec 14, 2018 14:32 pm UTC| Commentary

Euro areas flash purchasing managers index for service sector dropped by 2 points to 51.4 in December, as compared with consensus expectations of 53.4. The main reason for the solid fall was the fall in the French index,...