Riksbank likely to keep interest rate unchanged in February
Feb 07, 2020 17:32 pm UTC| Commentary
The Swedish central bank, Riksbank, is set to meet next week for its interest rate decision. According to a Nordea Bank research report, the central bank is expected to keep the monetary policy unchanged. In spite of its...
Canadian employment rises in January, jobless rate falls to 5.5 pct
Feb 07, 2020 15:50 pm UTC| Commentary
Canadas employment rose by around 34.5k in January. The jobless rate dropped again in the month, to 5.5 percent, aided by a second consecutive monthly fall in labour force participation. The gains were entirely in...
Italian retail sales growth accelerates in December
Feb 07, 2020 13:54 pm UTC| Commentary
Italian retail sales rose in the month of December. According to ISTAT, the estimates of retail trade rose 0.5 percent sequentially in terms of value as well as in terms of volume. In the fourth quarter, the estimates show...
Feb 07, 2020 13:29 pm UTC| Commentary
Norwegian mainland GDP grew 0.2 percent quarter-on-quarter in the fourth quarter, slightly weaker than Norges Banks forecasts. This is lower than consensus forecast of 0.3 percent growth and Norges Banks view of 0.4....
German industrial production falls in December, GDP growth likely stagnated in Q4 2019
Feb 07, 2020 12:16 pm UTC| Commentary
German industrial production came in below expectations. Industrial production dropped 3.5 percent sequentially in December. The Federal Statistical Office showed that construction output dropped 8.7 percent, in spite of...
U.S. Treasuries rally ahead of January labour market report
Feb 07, 2020 11:42 am UTC| Commentary Economy
The U.S. Treasuries rallied during Fridays afternoon session ahead of the countrys labour market report for the month of January, scheduled to be released today by 13:30GMT. The yield on the benchmark 10-year Treasury...
German bunds jump after December industrial production plunges beyond estimates
Feb 07, 2020 11:21 am UTC| Commentary Economy
The German bunds jumped during European trading session Friday after the countrys industrial production for the month of December plunged, disappointing market expectations as well, while the trade balance for the similar...