Norwegian core inflation accelerates above expectations in July
Aug 10, 2020 14:42 pm UTC| Commentary
Norwegian core inflation accelerated in the month of July to 3.5 percent year-on-year from Junes 3.1 percent. The outcome was above consensus expectations of 3.1 percent. Clothing price dropped 1.8 percent sequentially in...
Danish consumer price inflation accelerates in July, likely to move higher in months ahead
Aug 10, 2020 12:43 pm UTC| Commentary
Danish consumer price inflation accelerated to 0.8 percent sequentially in July. On a year-on-year basis, inflation saw a rise of 0.5 percent the highest since February 2020. Core inflation accelerated marginally to 1...
Gold off highs as dollar holds onto gains, investors focus on U.S.-China trade talks
Aug 10, 2020 09:45 am UTC| Commentary
Gold prices declined, hovering away from all time peak hit in the prior session as the dollar held onto gains made after better-than-expected U.S. payrolls data, while investors kept a close eye on U.S.-China relations...
U.S. nonfarm payrolls rise above expectations in July, jobless rate falls to 10.2 pct
Aug 07, 2020 15:00 pm UTC| Commentary
U.S. nonfarm payrolls rose in the month of July by 1.76 million, coming above consensus expectations of 1.48 million. July payrolls remained 12.9 million positions below their pre-Covid February level. The jobless rate...
German industrial production rebounds in June, likely to see strong rise in Q3
Aug 07, 2020 12:05 pm UTC| Commentary
The German economy continued to rebound from its corona-induced slump in June. Following the surprisingly solid rise in new orders seen yesterday, todays data on production and foreign trade were also positive. On a...
Gold steadies near record high as greenback rebounds on U.S.-China tensions
Aug 07, 2020 07:59 am UTC| Commentary
Gold prices steadied new record high as the dollar regained ground following another escalation in U.S.-China tensions; however, worsening coronavirus pandemic and its mounting economic toll put the bullion on track for...
Gold near record peak as investors fret over U.S. recovery
Aug 06, 2020 08:51 am UTC| Commentary
Gold prices surged, hovering towards a record peak scaled in the previous session as dismal U.S. jobs data hammered the dollar, while increasing worries about a recovery in the pandemic-ravaged global economy boosted the...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects