Singaporean retail sales grow above expectations in January

Mar 12, 2019 12:26 pm UTC| Commentary

Singaporean retail sales recovered more than anticipated in the month of January. On a year-on-year basis, the retail sales rose 7.6 percent, a recovery from Decembers revised print of a fall of 5.8 percent. The...

Australia’s housing finance’s pace of declines eases in January, trend remains weak

Mar 12, 2019 11:45 am UTC| Commentary

Australias housing finances rate of declines eased in January from the sharp falls in December; however, the trend continues to be quite soft, with a positive turn unlikely in the near term, noted ANZ in a research...

CNB likely to let caution prevail in March meeting and keep policy rate steady at 1.75 pct, says Oxford Economics

Mar 12, 2019 11:31 am UTC| Commentary Central Banks Economy

The Czech National Bank (CNB) is expected to let caution prevail in its March 28 meeting and keep the policy rate steady at 1.75 percent, as it did in the last two meetings, according to the latest research report from...

UK gilts slump after January manufacturing production cheers market investors; focus on Parliament’s vote on no-deal Brexit

Mar 12, 2019 10:24 am UTC| Commentary Economy

The United Kingdoms gilts slumped during Tuesdays afternoon session, after the countrys manufacturing production for the month of January, cheered market investors, beating expectations as well as prior reading in December...

German bunds slump as investors eye super-long 30-year auction, Eurozone’s February CPI

Mar 12, 2019 09:38 am UTC| Commentary Economy

The German bunds slumped during European session on the second trading day of the week Tuesday as investors await to witness the countrys super-long 30-year auction, scheduled to be held on March 13 by 10:40GMT. Also,...

U.S. jobless rate likely to start heading lower again, participation rate to remain broadly stable in 2019: Barclays Research

Mar 12, 2019 08:33 am UTC| Commentary Economy

The United States unemployment rate is expected to start heading lower again, while the participation is seen to remain broadly stable through 2019, with upward pressure from the ongoing expansion offsetting downward...

FxWirePro: GBP/USD open to further rise; key trend line provides support

Mar 12, 2019 08:06 am UTC| Commentary

GBP/USD likely to move higher, As expected, the pound has found support around 1.295 area, near the rising trend line. After two bullish back to back candles (hammer and Dragonfly Doji) failed to support price around...