U.S.-China trade dispute likely to dash chance of near-term resolution, uncertainty to further sap global business confidence: S&P Global Ratings

Sep 04, 2019 15:00 pm UTC| Commentary Economy

According to SP Global Ratings, the latest retaliations in the U.S.-China trade dispute seem to dash any chance of a near-term resolution. A report published today, titled Global Trade At A Crossroads: Prospects For...

Norwegian existing house prices grow in August, demand remains strong

Sep 04, 2019 14:13 pm UTC| Commentary

Norwegian existing house prices grew 0.9 percent sequentially in August. The trend is still moderate; however, positive price growth with both demand and supply at high levels. Unadjusted prices were up 1.9 percent and the...

U.K. service sector’s activity growth loses momentum in August, PMI index falls to 50.6

Sep 04, 2019 13:24 pm UTC| Commentary

Service providers in the U.K. showed that business activity growth lost momentum in August and stayed weak in comparison to the trends seen over much of the past decade. The seasonally adjusted IHS Markit/CIPS U.K....

Australian economic growth slows down year-on-year in Q2, private sector demand remains flat

Sep 04, 2019 11:42 am UTC| Commentary

Australian economic growth remained flat on a quarter-on-quarter basis in the second quarter, while it continued to decelerate on an annual basis. The detail of the report indicates that the public sector is mainly...

ANZ World Commodity Price Index lifts 0.3 pct m/m in August following two months of weaker prices

Sep 04, 2019 04:26 am UTC| Commentary Economy

The ANZs World Commodity Price Index lifted 0.3 percent m/m in August following two months of weaker prices. Dairy and forestry sectors lifted in August but this was largely offset by weaker prices for meat and...

EM Asian currencies likely to decline if US-China trade tensions intensify further, says Scotiabank

Sep 04, 2019 04:15 am UTC| Commentary Economy

The emerging market Asian currencies are expected to decline if the US-China trade tensions intensify further. But if the trade disputes remain under control, the Feds future rate cuts/monetary easing will certainly prop...

Malaysian export growth likely to have dropped deeper in July

Sep 03, 2019 19:15 pm UTC| Commentary

Malaysian trade data for the month of July is set to release tomorrow. According to a DBS Bank research report, headline export growth is likely to have sunken deeper into the red. A forecast of -6.3 percent YoY has...