Swedish production growth slows down in November, likely to grow modestly in coming months

Jan 10, 2019 16:42 pm UTC| Commentary

Swedish production growth decelerated in November, coming in below expectations. Production in the total business sector was unchanged on the month. The year-on-year figure fell to 2.2 percent in November from Octobers 4.5...

Danish headline inflation remains unchanged in December, likely to move slightly higher in 2019

Jan 10, 2019 14:17 pm UTC| Commentary

Danish inflation came in the same in the month of December. On a year-on-year basis, the headline consumer price inflation remained at 0.8 percent. Meanwhile, core inflation also stayed the same at 0.7 percent. The...

Norwegian core inflation rises above expectations in December

Jan 10, 2019 13:35 pm UTC| Commentary

Norwegian core inflation surprised on the upside in December and the surprise was widespread. Core rate came in at 2.1 percent year-on-year, down from 2.2 percent in November. The consensus expectations were for 2 percent,...

Italian retail sales rise sequentially above expectations in November

Jan 10, 2019 12:50 pm UTC| Commentary

Italian retail trade index rose sequentially in November. Retail sales rose 0.7 percent, a rise from 0.2 percent seen in the prior month and above consensus expectations of 0.2 percent. On a year-on-year, retail sales were...

U.S. Treasuries ahead of initial jobless claims, FOMC Chair Powell’s speech

Jan 10, 2019 11:47 am UTC| Commentary Economy

The U.S. Treasuries climbed during late afternoon session Thursday ahead of the countrys weekly initial jobless claims, scheduled to be released today by 13:30GMT, besides, FOMC member Barkin and Chair Jerome Powells...

EM Asian currencies likely to prop up on easing U.S.-China trade tensions over weeks ahead, says Scotiabank

Jan 10, 2019 09:48 am UTC| Commentary Economy

The EM Asian currencies is expected to prop up on easing trade tensions between the U.S. and China over the weeks ahead, including the yuan on the back of the Feds softer tone and Chinas pro-growth policies, till US stock...

PBoC likely to adopt 200 bps of RRR cuts this year, says ANZ Research

Jan 10, 2019 08:04 am UTC| Commentary Economy Central Banks

The Peoples Bank of China (PBoC) is expected to adopt a 200 basis points reserve requirement ratio (RRR) cut through this year, after already adopting one this month, according to the latest report from ANZ...