Swedish home prices rise above expectations in January

Feb 18, 2020 13:15 pm UTC| Commentary

Swedish home prices rose 2.9 percent sequentially in January. On a year-on-year basis, the home prices rose 6.2 percent, showed the HOX/Valueguard home price index. Todays data is above expectations. Apartment prices in...

UK gilts jump despite encouraging labour market, jobless rate stays at 45-year low

Feb 18, 2020 11:21 am UTC| Commentary Economy

The United Kingdoms jumped during European trading hours Tuesday even as the countrys labour market remained solid and promising, with the unemployment rate remaining at a 45-year low. The yield on the benchmark 10-year...

German bunds surge after February ZEW economic sentiment disappoints investors

Feb 18, 2020 11:11 am UTC| Commentary Economy

The German bunds surged during afternoon session Tuesday after the countrys ZEW economic sentiment for the month of February, released today, disappointed market sentiments, while the index for current conditions worsened...

USD/ZAR likely to settle above 15.00 on a sustainable basis, says Commerzbank

Feb 18, 2020 09:55 am UTC| Commentary Economy

The USD/ZAR currency pair is expected to settle above 15.00 on a sustainable basis, according to the latest research report from Commerzbank. The impression arises that the last hopes in the rand are slowly being dashed...

Australia ANZ-Roy Morgan consumer confidence gains 1.2 pct last week

Feb 18, 2020 09:03 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence gained 1.2 percent last week, more than reversing last weeks loss and continuing the recent sawtooth pattern. The gains have been a little more than the losses, so the index...

Digital Currency Revolution

Tokenized Assets Or Cryptos? Central Bank Of Russia Caught Between Two Stools

Feb 18, 2020 07:48 am UTC| Research & Analysis Digital Currency Central Banks Commentary

The Russia Central Bank (CBR) is intending to form a legal framework for tokenization, and devises diplomacies to carry scepticism on cryptocurrency transactions by labelling them suspicious activities. The CBR has made...

FxWirePro: Asian markets noticeably down, gold up

Feb 18, 2020 05:06 am UTC| Commentary

All the major Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,586 mark while silver was trading around $17.88 mark. Japans Nikkei was trading 1.45 pct lower at 23,182.50...