Thu, Oct 17, 2019 @ 07:54 GMT
CPI inflation slipped to 1.9% from a year ago Ex-food & energy price growth edged down to 2.1% But the BoC’s preferred ‘core’ measures inched up to 2.1%, on average. The headline inflation rate was a touch below market...
Canada headline CPI dropped -0.4% mom in September, much worse than expectation of 0.0%. Annually, CPI was unchanged at 1.9% yoy, below expectation of 2.0% yoy. However, CPI core common rose to 1.9% yoy, up from 1.8% yoy and...
US retail sales dropped -0.3% mom in September, much worse than expectation of 0.3% mom rise. That's also the first decline in seven months since February. Ex-auto sales dropped -0.1% mom, also worse than expectation of 0.2% mom. Annually,...
UK Prime Minister Boris Johnson's spokesman said Brexit negotiations with EU were still ongoing with issues to be resolved. At the same time, discussions also continued with Conservative and Northern Ireland's DUP MPs. Irish Prime Minister Leo Varadkar also said...
Spot gold edged higher in European trading on fresh uncertainty over Brexit talks and negative tones from US/China trade talks. The yellow metal hit session high at $1485 on bounce from Tuesday’s two-week low at $1477, posted after daily drop...
GBP optimism appears to turn as traders finally consider that a Brexit “technical extension” is the most likely scenario to be favored by negotiating participants as details of the arrangement would require two additional months. A variant of the...
EUR/GBP’s rebound off 0.8785 proved fragile as sellers took full control below 0.9000, violently pushing the price towards a five-month low of 0.8623 early on Wednesday. Technically, the market looks to have entered oversold territory as the RSI is close...
Eurozone CPI was finalized at 0.8% yoy in September, down form 1.0% yoy in August. Core CPI was finalized at 1.0% yoy, up from 0.9% yoy. The highest contribution to the annual euro area inflation rate came from services...
UK CPI was unchanged at 1.7% yoy in September, missed expectation of 1.8% yoy. Core CPI, on the other hand, accelerated to 1.7% yoy, up from 1.5% yoy, matched expectations. RPI, however, slowed to 2.4% yoy, down from 2.6%...
Wall Street brightness dims US indices were mildly lower in the Asian morning session, posting losses of about 0.25%. In response to the US passing of the Hong Kong Human Rights and Democracy Act, which would require an annual review...
A relatively flat start to trading in Europe on Wednesday as UK and EU officials work tirelessly to secure a deal ahead of the EU Council meeting tomorrow. It's long been said that a deal needs to have been agreed...
Can The FTSE 100 Outpace Its Peers? The FTSE 100 lost minus 0.03% of its value yesterday and it is down nearly minus 7.13% from its recent high of 7,727-- formed back in July 2019. However, the index is up...
Caution still warranted even as riskier assets climb GBP/USD could head for 1.30 if Brexit deal gets EU approval Weaker-than-expected US retail sales data could prompt Dollar softness Most Asian stocks are following their US counterparts higher, after strong...
EUR/USD remained well bid above the 1.0980 and 1.1000 levels and it could continue to rise. USD/CHF is currently holding an important support and it could climb above 1.0000. Important Takeaways for EUR/USD and USD/CHF The Euro is showing positive...
Pound stays generally firm in Asian session after yesterday's rally. UK and EU are getting closer to a Brexit deal and further progress could give Sterling another punch above. As for today, Yen and Swiss Franc are mildly firmer...
Sterling surged overnight on news that UK and EU are closing in on a Brexit deal in Brussels. The Pound remains firm in Asian session, awaiting further developments. It's reported that both sides have hammered out most of the...
Key Highlights EUR/GBP declined heavily below the 0.8880 and 0.8800 support levels. The next key support is near the 0.8640 and 0.8620 levels. The Euro Zone CPI could rise 0.9% in Sep 2019 (YoY), similar to the last reading. ...
New Zealand CPI rose 0.7% qoq in Q3, above expectation of 0.6% qoq. Annually, CPI slowed to 1.5% yoy, down from 1.7% yoy, but beat expectation of 1.4% yoy. The trimmed-mean measures – which exclude extreme price movements –...
Consumer prices rose by 0.7% in the September quarter, higher than forecast. Annual inflation dipped to 1.5%, largely due to the variation in fuel prices. Non-tradables inflation rose to an eight-year high, demonstrating that easy monetary policy settings...
US House of Representatives passed four measures on Tuesday, on unanimous voice vote, taking a hardline stance on China. In particular, three of the legislations were in support for Hong Kong following over four months of protests. China's Foreign...
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