Global central banks’ easing frenzy drags Australian 10-year bond yield to 1-month low
Oct 04, 2019 04:24 am UTC| Commentary Economy
The Australian 10-year government bond yield slumped to 1-month low during Asian session Friday tracking a similar movement in the United States Treasuries amid surging safe-haven demand as global central banks are in a...
Canadian trade deficit likely to have widened on rise in imports in August
Oct 03, 2019 19:28 pm UTC| Commentary
Canadian international trade data for the month of August is set to release tomorrow. According to a TD Economics research report, trade deficit is likely to have widened to CAD 1.5 billion in August, owing to higher...
U.S. factory orders fall sequentially in August
Oct 03, 2019 19:23 pm UTC| Commentary
U.S. factory orders dropped in the month. On a sequential basis, factory orders fell 0.1 percent following the rise of 1.4 percent in July. Consensus expectations were for a fall of 0.2 percent given last weeks advance...
U.S. factory orders fall sequentially in August
Oct 03, 2019 19:05 pm UTC| Commentary
U.S. factory orders dropped in the month. On a sequential basis, factory orders fell 0.1 percent following the rise of 1.4 percent in July. Consensus expectations were for a fall of 0.2 percent given last weeks advance...
U.S. ISM non-manufacturing index drops significantly in September
Oct 03, 2019 18:41 pm UTC| Commentary
The U.S. Institute for Supply Managements non-manufacturing index recorded a considerable fall in September, dropping 3.8 points to 52.6 in September from Augusts 56.4. This is the lowest level since August 2016. The...
Brazilian service sector’s activity gains momentum in September, PMI index rises to 51.8
Oct 03, 2019 17:44 pm UTC| Commentary
Brazilian service sectors activity gained momentum in September, underpinned by improved demand. The headline seasonally adjusted services PMI index rose to 51.8 in September from Augusts 51.4. The latest reading indicates...
Oct 03, 2019 15:22 pm UTC| Commentary Economy
Recent data and price indicators suggest upside to oil prices from current level, according to the latest report from Barclays Research. The EIA released detailed statistics for the month of July this week, which showed...