German bunds narrowly mixed after July retail sales disappoint, eurozone August CPI meets estimates

Aug 30, 2019 11:17 am UTC| Commentary Economy

The German bunds remained narrowly mixed during European trading session Friday after the countrys retail sales for the month of July disappointed market participants, while eurozones consumer price inflation (CPI) for...

BRL likely to recover if market expectations of interest rate cuts also fall, says Commerzbank

Aug 30, 2019 09:53 am UTC| Commentary Economy

The Brazilian real is expected to recover somewhat if market expectations of interest rate cuts also fall, according to the latest research report from Commerzbank. At 0.4 percent q/q, GDP for the 2nd quarter was...

Australian building approvals fall in July, third lowest annual result in both last year and decade

Aug 30, 2019 09:43 am UTC| Commentary Economy

Australias building approvals were down 9.7 percent over July, driven by an 18.4 percent fall in units and a smaller 3.3 percent fall in houses, marking the third lowest annual result in both the last year and the last...

RBI’s tn transfer to govt likely to prompt foreign investors to pour more funds into Indian bond market for higher returns, says Scotiabank

Aug 30, 2019 05:17 am UTC| Commentary Central Banks Economy

While the rollback of the super-rich tax on foreign portfolio investors (FPIs) will finally revive equity inflows, the Reserve Bank of Indias (RBI) INR 1.76 trillion transfer to the government are expected to prompt...

Australian bonds suffer tracking U.S. Treasuries on weak 7-year auction amid signs of trade truce

Aug 30, 2019 05:05 am UTC| Commentary Economy

The Australian government bonds suffered during Asian session Friday tracking a similar movement in the U.S. Treasuries after a 7-year auction failed to draw sufficient investor demand amid signs of easing trade tensions...

U.S. advance goods trade deficit narrows slightly in July

Aug 29, 2019 19:16 pm UTC| Commentary

The U.S. advance goods trade balance came in at a deficit of USD 72.3 billion in July, narrowing from Junes deficit of USD 74.2 billion. Nominal goods exports rose 0.8 percent sequentially, slightly above expectations, as...

Italian producer price index remains unchanged sequentially in July

Aug 29, 2019 18:32 pm UTC| Commentary

Italys industrial producer price index remained the same on a sequential basis in July. Domestic producer price index stayed unchanged, while producer price index on non-domestic market rose 0.1 percent. The percentage...