Chart of the Day Series

Chart of the Day: Flying out

Feb 06, 2017 15:59 pm UTC| Commentary

This informative chart from the Bank of England (BoE) shows how the net capital outflows from China had only been increasing since the summer of 2014. We at FxWireProforecasted either a depreciating yuan or appreciating...

RBA likely to stand pat, may revise down near term growth forecast

Feb 06, 2017 15:37 pm UTC| Commentary Central Banks Economy

The Reserve Bank of Australia is expected to stand pat during its meeting tomorrow, noted Societe Generale in a research report. Given that the severe deceleration in the third quarter will have called for major revisions...

UniCredit's heavy write-off could complicate government's efforts to stabilize Italy's banking sector

Feb 06, 2017 15:12 pm UTC| Commentary Economy

UniCredit, Italys biggest bank has heavily written down the value of its 700 million euro ($756 million) investment in Italys bank rescue fund. The banking major said it had signed a deal with trade unions to cut 3,900...

Germany’s construction sector cools in Jan, but optimism hits record high

Feb 06, 2017 14:58 pm UTC| Commentary

Germanys construction sector eased slightly in January, headline PMI fell slipped to a 5-month low. Markit Germany headline Purchasing Managers Index fell to 52.0, the lowest since last August, down from Decembers...

Taiwan’s trade growth likely to have dropped in January on earlier Lunar New Year

Feb 06, 2017 12:46 pm UTC| Commentary

Taiwans trade growth is expected to have dropped sharply in January because of the earlier Lunar New Year. In the December quarter, the trade growth rebound stayed quite on track. The electronics-led exports rebound in...

Chinese foreign exchange reserves likely to have risen in January

Feb 06, 2017 12:38 pm UTC| Commentary

Chinas foreign exchange reserves are expected to have risen modestly in January for the first time in seven months. This is most likely due to favorable valuation effects. In January, almost all the major reserve...

German industrial production likely to have rebounded in Q4 2016

Feb 06, 2017 12:18 pm UTC| Commentary

German industrial production is expected to have improved in December. In the second half of 2016, confidence rebounded in German industrial sector. Thus, according to a Societe Generale research report, the industrial...