Gold eases as risk appetite improves on U.S. stimulus hopes, Trump discharge from hospital
Oct 06, 2020 07:50 am UTC| Commentary
Gold prices declined, retreating from a near-2 week high hit in the previous session, as risk sentiment improved on Trumps health update and prospects of a U.S. stimulus package. Spot gold traded 0.1 percent down at...
Canadian merchandise trade deficit likely to have widened in August
Oct 05, 2020 18:33 pm UTC| Commentary
Canadas merchandise trade data for the month of August is set to release tomorrow. According to a TD Economics research report, the merchandise trade deficit is likely to have widened to CAD 3.2 billion in August,...
U.S. sector PMI data hints at growth in several sectors in September
Oct 05, 2020 17:43 pm UTC| Commentary
U.S. sector PMI data for the month of September hinted at a growth in several sectors indicating contraction to two, as basic materials saw a renewed fall in output. However, the rate of contraction was just marginal....
Oct 05, 2020 16:55 pm UTC| Commentary
The National Bank of Poland is set to meet this week for interest rate decision. According to an Erste Group Research report, the central bank is expected to keep the target rate on hold at 0.1 percent and maintain its...
U.S. service sector’s business activity continues to rise in September, PMI index at 54.6
Oct 05, 2020 14:11 pm UTC| Commentary
The U.S. service sectors business activity has seen a strong upturn, according to the September PMI data. The seasonally adjusted final Services PMI index came in at 54.6 in September, slightly down from Augusts 55. The...
Thai consumer price inflation falls in September, likely to rise modestly in coming months
Oct 05, 2020 13:04 pm UTC| Commentary
Thai headline inflation softened in the month of September after recording improvement for three consecutive months. Raw food and energy inflation mainly drove the weakness, although core inflation eased as well. On a...
Gold consolidates as investors await news on Trump's health
Oct 05, 2020 09:48 am UTC| Commentary
Gold prices consolidated within narrow ranges, as investors sought more clarity on developments in U.S. President Donald Trumps health after he was tested positive for COVID-19 last week. Spot gold was trading flat at...
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