18 Feb

Pound Advances Amid U.K. Minister’s Comments On Brexit

The pound climbed against its major counterparts in the European session on Monday, after a U.K. minister remarked that a no-deal Brexit would have ‘serious damage to the economy’ and the recent discussions with Brussels have been productive. Speaking to BBC Radio 4’s Today programme, David Lidington, Chancellor of the Duchy of Lancaster, told that […]

18 Feb

UK Household Finance Index At 11-Month Low

UK households’ assessment of their financial well-being fell to the lowest level in eleven months in February, survey data from the IHS Markit showed on Monday. The IHS Markit Household Finance Index, or HFI, fell to 43.4 from 44.7 in January, marking the lowest reading since March 2018. Job security perceptions weakened for the fourth […]

18 Feb

Singapore Exports Fall Most In Over Two Years

Singapore’s exports declined the most over two years in January, figures from Enterprise Singapore showed on Monday. Non-oil domestic exports, or NODX, dropped 10.1 percent year-on-year following an 8.5 percent decline in December. The latest decline was the biggest since 2016. NODX decreased for a third straight month. Both electronics and non-electronics NODX declined in […]

Gold Hovers Near Two-week High

Gold prices hovered near their highest level in more than two weeks on Monday and the dollar weakened as investors bet more progress would be made in U.S.-China trade talks. Spot gold rose 0.2 percent to $1,324.31 per ounce, just below a 9-month high of $1,326.30 an ounce marked on January 31. U.S. gold futures […]

Oil Prices Mixed As China Car Sales Tumble

Oil prices were mixed on Monday after industry data showed China’s sales in January fell 15.8 percent from last year, marking the seventh straight month of declining sales amid slowing growth and increasing trade frictions with the United States. Global benchmark Brent crude was little changed at $66.30 per barrel as weak China data raised […]

18 Feb

Thailand 2018 GDP Growth Fastest In 6 Years

Thailand’s economy expanded at the fastest pace six years in 2018, driven by stronger domestic demand that offset slowing export growth, but the momentum is likely to lose steam due to a general election and a sluggish global economy. Gross domestic product grew 4.1 percent in 2018, after a 4 percent expansion in the previous […]