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Monthly archive December, 2018

RBA on hold; Optimism on US-China deal fades out USD sells off

US equities celebrated Trump and Xi Jinping’s agreement not to slap more tariffs at each other, at least for the next 90 days till talks for a longer term solution continue. In reality the news offered nothing more than a Read More →

RBA Leaves Interest Rate Unchanged At Record Low

The Reserve Bank of Australia on Tuesday decided to keep its benchmark interest rate unchanged at a record low, citing sluggish wage growth and low inflation. The board of the Reserve Bank of Australia, governed by Philip Lowe, voted to Read More →

South Korea Industrial Output Jumps 1.0% In October

Industrial production in South Korea climbed a seasonally adjusted 1.0 percent on month in October, Statistics Korea said on Friday - following the 2.7 percent decline in September.Original Article Read More →

Cryptocurrency Daily Roundup – Nov. 27

A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.Original Article Read More →

Amended: European Economics Preview: BoE FSR, Stress Test Results, German GfK Due

On an otherwise light Wednesday for European economics, the highlights are the release of the latest Financial Stability Report and bank stress test results from the Bank of England and the German consumer confidence data from GfK.Original Article Read More →

German Consumer Confidence Set To Weaken Slightly In December

Germany's consumer confidence is set to slightly weaken at the end of the year as high inflation rates and global economic uncertainty weigh on households' sentiment, survey results from the GfK showed on Wednesday. The forward-looking consumer confidence indicator is Read More →