University of Michigan’s consumer sentiment index stays strong in November

Nov 22, 2017 20:32 pm UTC| Commentary

The University of Michigans Consumer confidence index rose in the month of November. The final reading rose 0.7 percentage points to 98.5 from its prior months reading, but still ended the month below Octobers decade high...

Euro area consumer confidence rises further in November

Nov 22, 2017 19:57 pm UTC| Commentary

Euro areas consumer sentiment rose again in the month of November. Since the economic recovery kicked off over four years ago, consumer spending has accounted for around half of all euro area economic growth, with the...

U.S. durable goods orders fall sequentially in October

Nov 22, 2017 18:58 pm UTC| Commentary

U.S. durable goods orders dropped in October on a sequential basis. Durable goods fell 1.2 percent month-on-month, as compared with expectations of a rise of 0.5 percent. Core orders also came in weaker than anticipated,...

U.S. jobless claims decline in mid-November, hint at no change in labor market conditions

Nov 22, 2017 17:22 pm UTC| Commentary

Jobless claims drop in the U.S. in mid-November. The initial jobless claims dropped 13,000 to 239k in the week ended 18 November from a revised 252k in the prior week. The fall was a bit larger than expected and returns...

Indian economy to grow strongly in 2017, per capita income remains low

Nov 22, 2017 16:00 pm UTC| Commentary Economy

The International Monetary Fund has recently projected that India will again record one of the worlds highest economic growth rates this year. According to IMF, the Indian economy is expected to expand 6.7 percent in 2017,...

Taiwanese economy likely to expand strongly in 2017 and 2018, central bank to stand pat - ANZ

Nov 22, 2017 14:45 pm UTC| Commentary

In the third quarter, the Taiwanese economic growth surprised to the upside. The GDP expanded 3.11 percent year-on-year and 0.47 percent sequentially. External demand grew for the sixth straight quarter, with solid growth...

Turkish consumer sentiment index falls in November

Nov 22, 2017 13:43 pm UTC| Commentary

Turkish consumer sentiment index dropped in the month of November on a sequential basis. The Turkish Statistical Institute showed that the consumer confidence index dropped 3.2 percent from 67.3 in October to 65.2 in...