Australian bond yields track slowdown in U.S. peer following ECB’s concerns over economic growth; trade war fear continues

Apr 11, 2019 03:59 am UTC| Commentary Economy

Australian government bond yields suffered during Asian session Thursday tracking a similar slowdown in the United States counterpart following concerns over economic growth as hinted by the European Central Bank in its...

ECB in wait-and-see mode, inflation likely to decelerate in months ahead

Apr 10, 2019 19:34 pm UTC| Commentary Central Banks

The European Central Bank met today for its rate decision; however, there were no surprise announcements. During its meeting in March, the central bank titled in a dovish direction by changing its forward guidance on...

U.S. consumer inflation accelerates in March

Apr 10, 2019 17:27 pm UTC| Commentary

U.S. consumer prices rose in March. Sequentially, the headline inflation rose 0.4 percent, driven by a 3.5 percent rise in energy prices. The inflation rise was consistent with market expectations. The jump lifted headline...

Global Geopolitical Series: Netanyahu’s return to power to turn Trump hawkish on Israel-Palestine peace process

Apr 10, 2019 16:05 pm UTC| Commentary

President Donald Trumps administration in the U.S. was already tightening the diplomatic screws on Palestinian peace process but with Israeli Prime Minister, Benjamin Netanyahus return to power in this weeks election is...

FxWirePro: Bitcoin likely to move higher to test $6000 resistance in near term

Apr 10, 2019 15:08 pm UTC| Commentary Digital Currency

After almost a year-long bear trend and a quarter long consolidation, the most popular cryptocurrency Bitcoin is once again back in business, as the price of Bitcoin is up 43.5 percent YTD. In the past one month...

U.K. economy grows above expectations in February, GDP likely to grow 0.5 pct in Q1

Apr 10, 2019 14:52 pm UTC| Commentary

U.K. economic growth is on track for a solid quarter. In spite of the ongoing uncertainty linked with the U.K.s withdrawal from the EU, the U.K. economy continued to be on track to deliver a solid quarters growth at the...

Danish inflation accelerates in March, likely to continue to move slightly higher throughout 2019

Apr 10, 2019 14:35 pm UTC| Commentary

Danish inflation accelerated in the month of March. On a year-on-year basis, inflation rose to 1.2 percent from Februarys 1.1 percent. Moreover, core inflation also accelerated to 1.1 percent. The slow uptrend in Danish...