Australian Q2 GDP likely to rise 0.5 pct, annual growth to edge down to 1.4 pct: ANZ Research

Sep 03, 2019 07:21 am UTC| Commentary Economy

After the release of key partial indicators this week, Australias gross domestic product (GDP) for the second quarter of this year is expected to rise 0.5 percent q/q. This would see annual growth edge down to 1.4 percent...

FxWirePro: Most Asian markets in red, gold trades flat at $1,523 mark

Sep 03, 2019 04:22 am UTC| Commentary

Most of the major Asian indices were trading on a lower note on Tuesday. Gold was trading around $1,523 mark while silver was trading around $18.38 mark. Japans Nikkei was trading 0.02 pct higher at 20,623.50...

Indian economic growth slows down sharply in Q1 FY20, RBI likely to further ease policy by 50 bps in 2019

Aug 30, 2019 19:28 pm UTC| Commentary

Indian Q1 FY20 GDP growth came in much below market expectations. The GDP growth slowed to 5 percent year-on-year from 5.8 percent seen in the prior quarter. This is the first time since March 2013 that growth has been...

U.S. personal income growth decelerates in July, spending rises sharply

Aug 30, 2019 17:41 pm UTC| Commentary

U.S. personal income growth weakened in the month of July. It slowed down to 0.1 percent from Junes 0.5 percent, as compared with consensus expectations of a rise of 0.3 percent. Excluding price movements, personal income...

Polish headline inflation remains flat in August

Aug 30, 2019 15:58 pm UTC| Commentary

Headline inflation in Poland remained flat in August as food prices were not able to bring aggregate price level higher. Therefore, the headline inflation continued to be flat on monthly basis, which suggests that it was...

Real Canadian GDP growth accelerates above consensus expectations in Q2 2019

Aug 30, 2019 14:51 pm UTC| Commentary

Real Canadian GDP rose 3.7 percent in the second quarter, coming above consensus expectations, as well as the Bank of Canadas 2.3 percent forecast from July. Nominal GDP, which includes the effect of price changes, was up...

Euro area’s core inflation remains low in August, headline rate unchanged at 1 pct

Aug 30, 2019 13:03 pm UTC| Commentary

Euro areas core inflation remained at a low pace of 0.9 percent in August. However, the underlying inflation has risen slightly in recent months. The headline inflation rate stayed the same at 1 percent. The core inflation...