FxWirePro: The Day Ahead-18th July 2019

Jul 18, 2019 05:03 am UTC| Commentary

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data and events so far: Australia: June unemployment rate was 5.2 percent, the same as last month. Net...

FxWirePro: Asian markets in red, silver hits fresh 5-month high at $16.10 mark

Jul 18, 2019 04:57 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,422 mark while silver was trading around $16.07 mark. Japans Nikkei was trading 1.87 pct lower at 21,068.55...

Australian bonds jump tracking U.S. peer despite tad rise in June employment

Jul 18, 2019 04:50 am UTC| Commentary Economy

Australian government bonds jumped during Asian session Thursday tracking a similar movement in the U.S. Treasuries despite a tad higher growth in the countrys employment for the month of June, although unemployment rate...

U.K. retail sales likely to have dropped further in June

Jul 17, 2019 19:34 pm UTC| Commentary

The U.K. retail sales data for June is set to release tomorrow. The focus in the second quarter has shifted to the extent to which growth has decelerated subsequently, following a surprisingly resilient start for the U.K....

Canadian headline inflation slows down in June on falling energy prices

Jul 17, 2019 18:49 pm UTC| Commentary

Canadian headline inflation decelerated in June. On a year-on-year basis, the consumer price inflation eased to 2 percent from Mays 2.4 percent. Sequentially, seasonally adjusted prices were down 0.1 percent. The fall...

U.S. housing starts fall in June, likely to be weak in coming months

Jul 17, 2019 17:53 pm UTC| Commentary

U.S. housing starts dropped in June, falling 0.9 percent to 1.253 million units from a downwardly revised 1.265 million units in April. Market expectations were a slightly smaller fall of 0.7 percent. The decline was...

Canadian manufacturing sales growth accelerates in May, manufacturing outlook remains uncertain

Jul 17, 2019 16:42 pm UTC| Commentary

Canadas manufacturing sales growth accelerated in May. On a sequential basis, manufacturing sales rose 1.6 percent after falling 0.4 percent in April. After accounting for price changes, the picture was encouraging, with...