U.K. headline inflation decelerates sharply in April, likely to remain below 1 pct in near-term

May 20, 2020 13:54 pm UTC| Commentary

U.K. headline inflation slowed down sharply in the month of April. On a year-on-year basis, the consumer price inflation decelerated to 0.8 percent in April from Marchs 1.5 percent, the lowest level since August 2016. The...

Malaysian consumer price index falls in April, further easing of monetary policy likely

May 20, 2020 12:51 pm UTC| Commentary

Malaysian consumer price index fell 2.9 percent year-on-year in the month of April, its lowest point since the beginning of the current series in 2005. Sequentially, the headline inflation fell 2.7 percent month-on-month...

Australian preliminary retail sales drop sharply in April, longer-term trend likely to be weak

May 20, 2020 11:37 am UTC| Commentary

Australias April preliminary retail sales estimate show the biggest month fall on record, eroding Marchs record growth. The preliminary results show that retail sales fell 17.9 percent sequentially in April and dropped 9.4...

Digital Currency Revolution

Digital Currency Series: Former FinCEN Director Associates With Facebook’s Libra Association

May 20, 2020 07:02 am UTC| Research & Analysis Digital Currency Commentary

The founder of GRH Consulting and the former director of the financial crimes enforcement network (FinCEN), Robert Werner has joined Facebooks Libra association, as its general counsel. I am grateful for the opportunity...

Canadian consumer price index likely dropped again in April

May 19, 2020 18:38 pm UTC| Commentary

Canadian consumer price inflation data for the month of April is set to release tomorrow. According to a TD Economics research report, the consumer price index is likely to have falling 0.6 percent again on a sequential...

U.S. housing starts fall sharply in April, likely to deteriorate further

May 19, 2020 17:33 pm UTC| Commentary

U.S. housing starts dropped 30.2 percent sequentially in April, while March data were revised to a slightly smaller decline of 18.6 percent. In the last three months, starts have reversed most of the rebound of the recent...

Swedish home prices fall in April, likely to continue to fall until summer

May 19, 2020 16:27 pm UTC| Commentary

Swedish home prices dropped 2 percent sequentially in April, showed HOX/Valuegaurd home price index. The fall in home prices is widespread, although apartment prices fell more than house prices. Apartment prices in...