Currency snapshot (major pairs)

Sep 10, 2018 16:17 pm UTC| Commentary

Dollar index trading at 95.08 (-0.32%) Strength meter (today so far) Euro +0.42%, Franc -0.55%, Yen -0.10%, GBP +0.83% Strength meter (since last week) Euro +0.42%, Franc -0.55%, Yen -0.10%, GBP +0.83% EUR/USD...

U.S. industrial output growth accelerates in August

Sep 10, 2018 16:15 pm UTC| Commentary

U.S. industrials output growth picked up in August, showed the latest US Sector PMI from IHS Markit. Activity rose at a sharp rate that was one of the most rapid over the last three-and-a-half years. Industrials also...

Bank of England likely to keep interest rate on hold in September, may hike in 2019

Sep 10, 2018 14:24 pm UTC| Commentary

The U.K. economys macro scenario has been comparatively steady since the previous meeting in early August. According to a DNB Bank research report, their macro score rebounded in the summer and returned to positive...

Chinese consumer price inflation accelerates in August, likely to rise further in months ahead

Sep 10, 2018 13:36 pm UTC| Commentary

Chinese consumer prices have recorded widespread rises in August, which might extend into the coming months, noted ANZ in a research report. On a year-on-year basis, consumer price inflation accelerated to 2.3 percent from...

Cryptocurrency Brief: Crypto pairs remain mixed, U.S. SEC announces to suspend two ETNs, Citigroup plans to launch DAR for less riskier investment in crypto – Monday, September 10th, 2018

Sep 10, 2018 12:56 pm UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin prices snapped losses during late European session Monday as investors sentiments started to recover after a hectic last week; however, the pessimism is still not over yet. After having touched the $7,000...

Denmark’s inflation decelerates in August, likely to rise slightly in months ahead

Sep 10, 2018 12:55 pm UTC| Commentary

Denmarks inflation slowed in the month of August. Consumer price inflation decelerated to 1 percent year-on-year, from 1.1 percent the month before and lower than expected 1.2 percent. Inflation is expected to regain...

Norwegian core inflation accelerates above Norges Bank’s forecast in August

Sep 10, 2018 11:56 am UTC| Commentary

Norwegian core inflation came in above Norges Banks forecast in August. Core inflation accelerated to 1.9 percent year-on-year from 1.4 percent last month, as compared with consensus expectations of 1.7 percent and Norges...