Indian headline inflation accelerates in June on higher food prices

Jul 12, 2019 17:10 pm UTC| Commentary

Indian headline inflation accelerated further in June, led by increased food prices but roughly in line with market estimates. On a sequential basis, the consumer price inflation accelerated to 0.63 percent from Mays 0.57...

Decline in Turkish industrial output growth eases in May

Jul 12, 2019 15:54 pm UTC| Commentary

The fall in Turkish industrial production growth slowed down in May. On a year-on-year basis, the industrial output dropped 1.3 percent year-on-year, as compared with the fall of 4 percent seen in the prior month....

Chinese trade balance unlikely to rebound in H2 2019, imports to pick up moderately in months ahead

Jul 12, 2019 14:08 pm UTC| Commentary

Chinas soft imports in June were led by factors that included weak domestic demand and U.S. control over high-tech exports, in spite of lower base effects. Slow rebound in domestic investment momentum has led to weak...

Singaporean economic growth decelerates sharply in Q2 2019, MAS core inflation likely to ease in coming months

Jul 12, 2019 12:51 pm UTC| Commentary

Singaporean economic growth slowed down in the second quarter of 2019 from the first quarter. On a year-on-year basis, the economic growth eased to 0.1 percent from prior quarters 1.1 percent. Todays figures were well...

FxWirePro: Copper trapped in bull/bear fight

Jul 12, 2019 12:42 pm UTC| Commentary

Calculations at FxWirePro suggests that the red metal copper, which is widely considered as an industrial barometer is currently trapped in a Bull/Bear fight for the near term control, while the broader trend still remains...

FxWirePro: USD/CAD to move lower as BoC and Fed diverge on monetary policy

Jul 12, 2019 12:16 pm UTC| Commentary

The Canadian dollar has strengthened against the U.S. dollar since May when the U.S. Federal Reserve signaled the possibility of rate cuts going ahead. USD/CAD has declined from 1.356 area in May to 1.303 area as of...

New Zealand’s house prices rise weakly in June, market likely to remain subdued

Jul 12, 2019 11:30 am UTC| Commentary

New Zealands adjusted house sales dropped 0.8 percent sequentially in June after a drop of 1 percent recorded in the prior month. On a year-on-year basis, sales growth ticked up to -6.1 percent, implying some stabilization...