Australian bonds suffer tracking U.S. Treasuries on hopes of trade deal, softer auction demand

Sep 13, 2019 04:30 am UTC| Commentary Economy

The Australian government bonds suffered during Asian trading session Friday tracking a similar movement in the United States Treasuries on burgeoning hopes of a trade deal amid softer demand at a 30-year auction. The...

EUR/HUF likely to trade at weaker range by end-2019

Sep 12, 2019 19:58 pm UTC| Commentary

The Hungarian forint exchange rate has been brought to a softening path by the increased global uncertainties stemming from the intensified trade conflicts, unresolved Brexit and negative global growth outlook, noted Erste...

Czech National Bank likely to keep interest rates on hold in 2019, 2020

Sep 12, 2019 19:55 pm UTC| Commentary

The Czech National Bank had hiked rates in the month of May. Following the hike, the central bank is expected to keep the rates on hold for the remainder of 2019 and also in 2020, said Erste Group Research in a...

U.S. retail sales likely to have grown 0.3 pct in August

Sep 12, 2019 18:56 pm UTC| Commentary

U.S. retail sales data for the month of August is set to release tomorrow. According to a TD Economics research report, retail sales are likely to have risen 0.3 percent, a slowdown from 0.7 percent recorded in the prior...

Danmarks Nationalbank cuts interest rate on certificates of deposit to -0.75 pct

Sep 12, 2019 18:08 pm UTC| Commentary Central Banks

Danish central bank, Danmarks Nationalbank today cut the interest rate on certificates of deposit to -0.75 percent. It kept the current account rate and the lending rate on hold at 0.00 percent and 0.05 percent,...

Indian headline inflation accelerates modestly in August, RBI likely to cut policy rate by 40 bps in October

Sep 12, 2019 16:59 pm UTC| Commentary

Indian headline inflation accelerated modestly in August. On a sequential basis, the consumer price index dropped to 0.49 percent sequentially in August, down from 0.91 percent in the prior month. Nevertheless, the annual...

U.S. headline inflation eases slightly in August

Sep 12, 2019 15:07 pm UTC| Commentary

The U.S. headline inflation eased slightly in August, as CPI prices rose modestly by 0.1 percent sequentially. On a year-on-year basis, inflation eased to 1.7 percent. Core rate came in at 0.3 percent for the third...