FxWirePro: The Day Ahead- 28th November 2017

Nov 28, 2017 04:17 am UTC| Commentary Economy

Lots of economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Germany: Import price inflation report will be released at 7:00 GMT, along with GFK consumer...

Reserve Bank of Australia likely to keep key rate on hold in 2018 as well – NORDLB Research

Nov 27, 2017 21:15 pm UTC| Commentary

The Reserve Bank of Australias November meeting minutes show that the central bank seems increasingly worried about the merely moderate growth in wages. In spite of the ongoing buoyant employment situation, the inflation...

U.S. consumer confidence index likely to have dropped slightly in November – Wells Fargo

Nov 27, 2017 19:31 pm UTC| Commentary

The U.S. Conference Board consumer sentiment index is expected to have dropped in the month of November. In the earlier month, the index continued to move upwards, rising 5.3 points to 125.9, which is the highest level for...

Italian business confidence index falls slightly in November, economy to grow 0.5 pct q/q in Q4 2017

Nov 27, 2017 18:33 pm UTC| Commentary

Recent economic surveys show that companies and consumers in Italy appear to be relatively unconcerned regarding what might emerge from the forthcoming Italian general election, noted Daiwa Capital Markets. The ISAT...

U.S. new home sales rise surprisingly in October, growth likely to moderate in months ahead

Nov 27, 2017 17:30 pm UTC| Commentary

New home sales in the U.S. have surprised on the upside for the second consecutive month in October. Sales rose 6.2 percent sequentially to 685,000, coming in above consensus expectations of a drop of 6.2 percent to 626k....

Czech nominal wage likely to grow 7.3 pct in 2017 and 8.2 pct in 2018 – Erste Group Research

Nov 27, 2017 16:46 pm UTC| Commentary

Nominal wage in the Czech Republic is expected to grow 7.3 percent and 8.2 percent in this year and next year, respectively, noted Erste Group Research in a report. The favorable economic development and extremely low...

Domestic demand likely to have driven Polish economy, inflation to have slowed in November

Nov 27, 2017 16:06 pm UTC| Commentary

The flash estimate of Polish third quarter economic growth had come in at 4.7 percent year-on-year, affirming robust momentum of growth. The breakdown of the GDP growth should indicate that domestic demand, especially...