U.K. economic activity grows below expectations in May, output likely picked up in remainder of Q2
Jul 14, 2020 13:19 pm UTC| Commentary
The level of U.K. economic activity picked up in May after two months of straight declines, giving tentative signs that the U.K. economy was on the road to recovery. Nevertheless, the rise of 1.8 percent sequentially was...
Gold eases as greenback gains amid U.S.-China tensions
Jul 14, 2020 08:29 am UTC| Commentary
Gold prices slumped below the key $1,800 level, as the U.S. dollar strengthened, although worries over surging coronavirus cases globally and U.S.-China tensions limited losses. Spot gold was trading 0.1 percent down at...
Swedish CPIF inflation likely accelerated in June on higher energy prices
Jul 13, 2020 12:36 pm UTC| Commentary
Swedish June inflation data is set to release tomorrow. According to a Nordea Bank research report, the CPIF inflation is likely to have accelerated to 0.5 percent year-on-year in the month from zero in May. The likely...
Danish headline inflation accelerates in June, likely to move higher in months ahead
Jul 10, 2020 13:36 pm UTC| Commentary
Danish inflation rose in the month of June, after staying at 0 percent for two consecutive months. On a sequential basis, the consumer price index rose 0.1 percent, while it rose 0.3 percent year-on-year, underpinned by...
Gold firm near 9-year peak and set for 5th straight weekly rise amid COVID-19 fears
Jul 10, 2020 09:51 am UTC| Commentary
Gold prices surged and were set for a fifth straight weekly gain as worries over a spike in U.S. coronavirus cases kept the safe-haven metal near the $1,800-per-ounce level, although upbeat U.S. economic data limited the...
Digital Currency Revolution Series: LabCFTC Launches Fintech-Focused Virtual Event Series
Jul 10, 2020 08:22 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
Recently, the fintech-wing of US CFTC, LabCFTC launches Project Streetlamp to eliminate unregistered entities, including crypto-derivatives. The Commodity Futures Trading Commission today announced that LabCFTC will...
Jul 09, 2020 18:01 pm UTC| Commentary
Canadas housing starts recorded a strong rise in the month of June. Starts rose at a solid 211.7k (annualized) units, up from 195.4k units seen in May. With Junes rise, housing starts were at their highest level since...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects