Sweden’s labor supply rises sharply in September

Oct 19, 2017 17:51 pm UTC| Commentary

Swedens labor supply rose sharply in September. Labor supply surged 0.6 percent, more than forecast. The jobless rate also rose more than expected to 6.8 percent. The labor market report for the month of September is...

U.S. jobless claims fall for third consecutive week, employment likely to rebound in October

Oct 19, 2017 16:32 pm UTC| Commentary

U.S. jobless claims data hint at a rebound in October employment, noted Barclays in a research report. For the week ended 14 October, jobless claims fell to 222k, falling more than consensus expectations of 240k. This is...

U.K. retail sales volumes fall sequentially in September, consumer spending growth to be firmer in Q3

Oct 19, 2017 15:13 pm UTC| Commentary

U.K retail sales volumes dropped sequentially in September. Retail sales volumes fell 0.8 percent following a downwardly revised 0.9 percent rise in August. A certain amount of mechanical fall back was expected in todays...

Bank of Korea stands pat, likely to hike in coming months

Oct 19, 2017 14:14 pm UTC| Commentary Central Banks

The South Korean central bank, Bank of Korea, stood pat this morning. But it seems that a hike in interest rate is looming on the horizon, given the rebounding economic fundamentals and gradually rising inflation, noted...

Chinese economy needs to expand strongly in Q4 to achieve 7 pct growth, says ANZ

Oct 19, 2017 13:23 pm UTC| Commentary Economy

Given that the first and second quarter GDP growth of China was upwardly revised, the third quarter GDP growth expanded 6.8 percent year-on-year. The figure corresponds with a slower quarterly growth of 1.7 percent...

China activity growth likely to weaken in Q4 on slowdown in housing, credit impulse: DNB Markets

Oct 19, 2017 12:57 pm UTC| Commentary Economy

Chinas activity growth is expected to weaken during the fourth quarter of this year, owing to a slowdown in the housing market and a negative development in the credit impulse. The September data confirmed this view, with...

FxWirePro: U.S. Natural gas inventory preview

Oct 19, 2017 12:46 pm UTC| Commentary

Natural gas is currently trading at $2.85 per MMBtu. Key factors at play in natural gas market Natural gas production recovering in the Gulf of Mexico, after hurricane Nate. Japanese importers are reportedly...