Norwegian registered unemployment falls slightly in January

Jan 31, 2020 13:50 pm UTC| Commentary

Norwegian registered unemployment dropped a bit on a seasonally adjusted basis in January by 300 persons. This is slightly on the strong side to the central banks view. Norges Banks expectations were for the unemployment...

French household consumption falls in volume in December

Jan 31, 2020 12:54 pm UTC| Commentary

French household consumption expenditure on goods dropped in volume in December. According to INSEE, household consumption fell 0.3 percent sequentially, after rising 0.7 percent in the prior month. In the fourth quarter...

U.S. Treasuries nearly flat amid muted trading session ahead of host of 2-tier data

Jan 31, 2020 12:39 pm UTC| Commentary Economy

The U.S. Treasuries remained nearly flat during Fridays afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the countrys host of 2-tier economic data, due for release...

Euro area economy grows weaker than expectations in Q4 2019, likely to rebound very gradually in 2020

Jan 31, 2020 11:34 am UTC| Commentary

The euro areas fourth quarter GDP came in soft today, as two of the euro areas three biggest economies shrank. Inflation picked up on the surface, but core eased. The advance GDP data released today indicated that the euro...

German bunds gain despite rise in eurozone’s January CPI

Jan 31, 2020 11:27 am UTC| Commentary Economy

The German bunds gained during European trading session Friday even as eurozones consumer price inflation (CPI) for the month of January rose, meeting market expectations, while the countrys retail sales disappointed...

RBA likely to downgrade growth forecast but hold cash rate until further information, says ANZ Research

Jan 31, 2020 09:58 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia (RBA) is expected to wait for more information before moving further on monetary policy, which is similar to the approach it took in May and August of last year, but will likely lower its...

Digital Currency Revolution

Spotlight On Trend Of Central Bank Digital Currency

Jan 31, 2020 07:05 am UTC| Research & Analysis Digital Currency Central Banks Commentary

The renowned central banks and sovereign governments around the world have been sensing the essence and the opportunities of CBDC (Central Bank Digital Currency) foreseeing a swift transformation phase in the prevailing...