Australian bonds surge as investors await May employment report

Jun 12, 2019 03:54 am UTC| Commentary Economy

Australian government bonds surged during early Asian session Wednesday amid a muted trading session that witnessed data of little economic significance ahead of the countrys employment report for the month of May,...

Norges Bank’s Q2 regional network report indicates stronger growth, tighter labor market

Jun 11, 2019 16:32 pm UTC| Commentary

Norges Bank published its second quarter regional network report. The main indicator, which is the current situation, was 1.51. This implies a quarterly growth of 0.75 percent quarter-on-quarter, which is close to the...

U.S. producer prices rise modestly in May

Jun 11, 2019 15:41 pm UTC| Commentary

U.S. producer prices came in widely as anticipated in the month of May. Sequentially, the producer price index rose 0.1 percent, whereas it was up 1.8 percent on a year-on-year basis. In the prior month, the PPI had risen...

U.S. small business optimism index rises for fourth straight month in May

Jun 11, 2019 14:57 pm UTC| Commentary

U.S. small business optimism rebounds for the fourth straight month in May. The NFIB small business optimism index rose 1.5 points to 105. The rise came in above expectations of 102. The subcomponents data were generally...

Danish headline inflation eases year-on-year in May, likely reach 1 pct in 2019

Jun 11, 2019 14:30 pm UTC| Commentary

Denmarks headline inflation eased in May. On a year-on-year basis, inflation slowed to 0.7 percent from 1 percent seen in the prior month. This is the lowest since September 2018. The bigger-than-expected fall was mainly...

Norwegian inflation eases in April, Norges Bank likely to continue to hike

Jun 11, 2019 13:40 pm UTC| Commentary

Norwegian inflation eased in April, while core inflation is slightly on the downside to Norges Banks forecast. On a year-on-year basis, core inflation came in at 2.3 percent as compared with Aprils 2.6 percent. Consensus...

U.S. Treasuries continue downtrend ahead of May producer price index, short-term 3-year auction

Jun 11, 2019 11:25 am UTC| Commentary Economy

The U.S. Treasuries continued downtrend during Tuesdays afternoon session, ahead of the countrys producer price index (PPI) data for the month of May, scheduled to be released today by 12:30GMT, amid an otherwise silent...