Search Share Prices
Economic Data - Pound Sterling falls sharply on weak UK Retail Sales data
Pound Sterling dropped after data showing that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests weakening households’ spending, which is the main driver of the UK economy. The Bank of England is widely expected to leave interest rates unchanged.
China leaves benchmark lending rate unchanged amid better economic data
China kept its benchmark lending rates unchanged at the monthly fixing on Friday, matching market expectations, as a set of economic data suggested the economy is stabilising and a weaker yuan constrained further monetary easing.
Australian Dollar extends losses on a third day after stronger US data
Fed Powell suggested that the central bank is not planning to raise rates in the short term.
China’s government bonds to get boost from strong economic data as odds of fiscal stimulus, debt issuance decline
China’s benchmark sovereign bond will probably halt a decline that has pushed its yield to a near five-month high, as better-than-estimated economic figures reduce chances of more fiscal stimulus that would increase debt supply.
BYD Runs Over Hong Kong Shorts As September Economic Data Beats
Asian equities were largely lower on light volumes.