ECB likely to cut DFR by 10 bps in June 2020
Dec 02, 2019 19:31 pm UTC| Commentary
The European Central Bank is unlikely to downwardly revise its baseline before the second quarter of 2020, according to a Barclays research report. The core consumer prices of currency bloc are expected to catch up rapidly...
Dec 02, 2019 19:11 pm UTC| Commentary
The Mexican economy has stagnated; however, there is room for recovery, noted Barclays in a research report. There seems to be some progress in oil production and manufacturing. Oil production has rebounded, recording 1.7...
U.K. manufacturing sector’s activity continues to fall in November
Dec 02, 2019 14:26 pm UTC| Commentary
The downturn in U.K. manufacturing sector continued in November, as businesses responded to the delay to Brexit and a fresh injection of uncertainty from the forthcoming general election. The headline seasonally adjusted...
Indonesian headline inflation eases again in November, to remain within central bank’s target band
Dec 02, 2019 13:09 pm UTC| Commentary
Indonesias headline inflation eased for the third consecutive month in November. On a year-on-year basis, the consumer price inflation slowed to 3 percent, the lowest reading since April. Sequentially, the consumer...
Euro area’s manufacturing PMI index rises in November, but hints at ongoing contraction
Dec 02, 2019 12:45 pm UTC| Commentary
Manufacturing sector in the euro area continued to contract in November; however, it shrank at the slowest rate for three months. The IHS Markit Eurozone manufacturing PMI rebounded to 46.9 in November, a rise from...
Thai headline inflation accelerates marginally in November, BoT likely to stand pat through 2020
Dec 02, 2019 11:31 am UTC| Commentary
Thai headline inflation accelerated in November for the first time in four months; however, marginally. On a year-on-year basis, the consumer price inflation came in at 0.21 percent, an acceleration from Octobers 0.11...
Dec 02, 2019 10:47 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
Singapore-based Digix, who is the pioneer in the world to create first asset-backed digital gold token, today announced the listing of its gold-backed token, DGX, on the Vietnam based VCC Exchange (VCC) in the continued...