U.S. non-farm payrolls rise above expectations in October, jobless rate falls to 3.5 pct
Dec 06, 2019 16:28 pm UTC| Commentary
U.S. non-farm payrolls rose above expectations in October. Employment rose 266k, as compared with consensus expectations of a rise of 180k. Also, the data for prior two months was upwardly revised by 41k jobs. The jobless...
Dec 06, 2019 14:11 pm UTC| Commentary
Swedish production in the business sector came in soft in October, indicating towards sluggish GDP growth in the fourth quarter. Sequentially, business sector production grew 0.2 percent. However, data for previous...
German industrial production falls sequentially in October
Dec 06, 2019 11:47 am UTC| Commentary
German industrial production dropped sequentially in October, coming in much below than consensus expectations. Following the considerable fall in new orders, industrial production also dropped significantly by 1.7 percent...
FxWirePro: Asian markets flat, gold trades flat at $1,475 mark
Dec 06, 2019 06:28 am UTC| Commentary
All the major Asian indices were trading on a flat note on Friday. Gold was trading around $1,475 mark while silver was trading around $16.94 mark. Japans Nikkei was trading 0.25 pct higher at 23,358.50...
Polish zloty to remain broadly stable in 2020, EUR/PLN likely to trade around 4.30
Dec 05, 2019 19:38 pm UTC| Commentary
The volatility of Polish zloty increased recently by the changing global sentiment. The uncertainty around the CHF mortgages and the ruling of the Polish Supreme Court worried investors. Even if the court decision is not a...
Stability of Czech National Bank’s key interest rates likely in 2020
Dec 05, 2019 19:37 pm UTC| Commentary
The Czech National Bank has been in a wait-and-see mode in the second half of this year. Even if the domestic economy is still highly pro-inflationary, this development is mitigated by the anti-inflationary development in...
U.S. trade deficit narrows in October
Dec 05, 2019 18:30 pm UTC| Commentary
U.S. trade deficit narrowed for the second straight month in October, dropping to USD 47.2 billion from Septembers deficit of USD 51.1 billion. The rebound was slightly larger than consensus forecasts. Goods exports...