French consumer sentiment index drops slightly in October

Oct 27, 2017 20:16 pm UTC| Commentary

The signals from this weeks euro area consumer sentiment surveys came in slightly mixed. The European Commissions flash survey indicator rose to the highest level since early 2011, whereas Italys ISTAT consumer sentiment...

German import price index rises in September

Oct 27, 2017 19:32 pm UTC| Commentary

German import price index rose year-on-year in September. The Federal Statistical Office showed that the index of import prices rose 3 percent year-on-year. This is compared to the 2.1 percent and 1.9 percent year-on-year...

University of Michigan consumer confidence index falls slightly to 100.7 in October

Oct 27, 2017 18:30 pm UTC| Commentary

The University of Michigan consumer confidence index dropped in late October in spite of remaining at its highest monthly level since the beginning of 2004. The consumer sentiment index dropped to 100.7 in October from...

U.S. economic growth exceeds expectations in Q3, FOMC likely to hike rates in December

Oct 27, 2017 17:14 pm UTC| Commentary

The BEAs advance estimate showed that the U.S. economy expanded at an annualized rate of 3 percent in the September quarter, coming above consensus expectations of 2.5 percent. Consumer spending also exceeded expectations,...

Central Bank of Russia cuts key interest rate by 25 bps, further pace of cuts to remain very gradual

Oct 27, 2017 15:51 pm UTC| Commentary Central Banks

The Central Bank of Russia lowered its key interest rate today by 25 basis points to 8.25 percent, as widely expected, hinting that there is room for additional monetary easing in the future meetings. The central bank...

Swedish consumer confidence index rises above expectations

Oct 27, 2017 14:29 pm UTC| Commentary

The NIERs tendency surveys show that the Sweden economy is performing well. The households inflation expectations have risen to the highest level since 2012. The NIER has stated that it is the Most positive view of demand...

Singaporean domestic labor market stabilizes in Q3, labor demand likely to pick up in Q4

Oct 27, 2017 13:47 pm UTC| Commentary

Singaporean domestic labor market has stabilized; however, it is still a bit away from boosting short-term wage inflation, noted OCBC bank in a research report. This strengthens the recent monetary policy decision of MAS...