Singaporean inflation falls in July, likely to remain in negative territory till 2020-end
Aug 24, 2020 12:39 pm UTC| Commentary
Singaporean disinflationary streak continued in July with the headline and core data both falling 0.4 percent on a year-on-year basis, as compared with the fall of 0.5 percent and 0.2 percent drop seen in June. This also...
Gold eases as coronavirus treatment hopes boost risk sentiment
Aug 24, 2020 07:29 am UTC| Commentary
Gold prices declined, extending previous session losses as risk sentiment improved after the U.S. drug regulator authorised the use of blood plasma from recovered COVID-19 patients as a treatment option for the...
Canadian retail sales rise sharply in June
Aug 21, 2020 15:19 pm UTC| Commentary
Canadian retail sales rose sharply in the month of June, growing 23.7 percent sequentially, rising 1.3 percent above their pre-pandemic, February level. The rise in sales was mostly a volumes story. Stripping out rising...
U.K. PMIs continue to rebound in August, flash services PMI index rises to six-year high of 60.1
Aug 21, 2020 12:58 pm UTC| Commentary
The PMI indices of U.K. continued their rebound from the April lows in August with the manufacturing and services readings recording marked monthly rises. The services PMI rose to a six-year high of 60.1 from 56.6 seen in...
Gold set for weekly gain amid doubts about U.S. economy
Aug 21, 2020 07:16 am UTC| Commentary
Gold prices surged, extending gains from the prior session and were on track for a weekly gain after downbeat U.S. jobless claims data reinforced fears of a slower recovery from the coronavirus-induced economic crisis....
Norges Bank keeps interest rate on hold
Aug 20, 2020 15:45 pm UTC| Commentary Central Banks
Norges Bank stood pat today, as expected. A new rate path was not presented today and therefore all eyes were on the statement from Norges Banks Monetary Policy Committee, where they gave an assessment of the main economic...
Philippine central bank keeps interest rate on hold
Aug 20, 2020 12:33 pm UTC| Commentary Central Banks
The Philippine central bank, BSP, kept its overnight reverse repurchase rate (RRP) on hold at 2.25 percent today, as was expected. Governor Diokno noted that the policy decision to stay put was based on the currently...
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