Hungarian central bank likely to first hike rate in late 2018, HUF to be stronger in 2018-2019 – Nordea Bank

Nov 07, 2017 19:46 pm UTC| Commentary

The Hungarian central bank is done lowering interest rates; however, more easing has come in the form of additional use of unconventional measures, particularly giving liquidity as long as possible to lower yields. The...

Chilean economy slows down in September, grows year-on-year in Q3

Nov 07, 2017 19:30 pm UTC| Commentary

The IMACEC showed that the Chilean economy slowed significantly in September. Still the economic growth in the third quarter was much improved from that of the second quarter. Chiles economy expanded 2.2 percent...

Demand for workers in U.S. remains solid, 6.1 million job openings recorded in September

Nov 07, 2017 18:47 pm UTC| Commentary

Job openings in the U.S were little changed in September. The opening rate was kept at a record high of 4 percent in the month. Meanwhile, turnover continues to be low relative to the number of job openings even as the...

Canada’s housing starts likely to have dropped modestly in October

Nov 07, 2017 18:14 pm UTC| Commentary

Canadas housing starts are likely to have declined modestly in October. According to a TD Economics research report, housing starts in Canada are expected to have declined to an annualized 215k from 217k in...

Bank Negara likely to keep key interest rate on hold in November – DBS Bank

Nov 07, 2017 16:57 pm UTC| Commentary

The Malaysian central bank, Bank Negara, is expected to keep its key interest rate on hold this week. According to a DBS Bank research report, the BNM is likely to maintain the Overnight Policy Rate at 3 percent. The data...

German construction sector continues to record strong growth rate in October

Nov 07, 2017 15:03 pm UTC| Commentary

Germanys construction sector continued to record strong pace of growth in October in spite of intense capacity pressures. The headline seasonally adjusted PMI came in at 53.3 in the month, slightly down from Septembers...

German industrial production falls sharply in September

Nov 07, 2017 13:58 pm UTC| Commentary

German industrial production dropped sharply in the month of September, as was anticipated. Industrial production dropped 1.6 percent on a sequential basis. This is largely because of a return to normal in the auto sector,...