Impact investing in Paris suburban ‘banlieue’ neighbourhoods 
High interest rates aren’t going away anytime soon – a business economist explains why 
Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025 
Rishi Sunak wants to cut the cost of ‘sicknote’ Britain 
New EU trade rules could put poor countries in a billion dollar ‘green squeeze’ 
Some experts say the US economy is on the up, but here’s why voters don’t think so 
Why is the London Stock Exchange losing out to the US 
Taiwan’s preliminary estimate of third-quarter gross domestic product (GDP) is expected to deliver pleasant surprises. The eventual pickup in domestic demand, coupled with the strong expansion in exports, augur well for the GDP results in Q3, according to a recent report from DBS Group Research.
There are now more notable signs that the labor market is recovering. The seasonally-adjusted unemployment rate fell further to 3.70 percent in September, down from 3.75 percent in the prior month and back to the levels in early-2015 (before the economy entered a sharp downturn caused by China’s slowdown).
Wage growth has also exhibited a clearer uptrend. Average regular earnings for all employees in all industries increased by 1.9 percent y/y in August, the fastest pace over 2.5 years. This is close to the 2 percent wage rise seen in 2014, when the economy stayed on a strong up-cycle and GDP growth advanced at 4 percent. The fuller recovery in the labour market has boosted confidence and encouraged consumers to spend.
Consumer confidence index climbed to a 22-month high of 82.2 in September, thanks to rising expectations for the general economic climate, employment opportunities, household financial conditions and stock market investment prospects. Retail sales, the key monthly indicator for consumption expenditures, posted solid gains of 2-3 percent m/m s.a. consecutively in August and September.
Meanwhile, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
