
Chart of the Day: The age of Tech
Jan 18, 2017 18:35 pm UTC| Commentary
This Age of Tech chart from Statista shows what can happen in a decade.Back in 2006, in the list of top six most valuable companies, there was only one from technology domain; Microsoft. A decade later, all are from...
UK unemployment declines unexpectedly in Dec, labor market remains strong despite 'Brexit' vote
Jan 18, 2017 17:18 pm UTC| Commentary
UK unemployment fell by 52,000 to 1.6 million in the three months to November in the latest sign that the UK economy has so far avoided a Brexit-related shock. Unemployment was at the lowest level for more than a decade -...
UK economy likely to slow progressively throughout 2017
Jan 18, 2017 16:03 pm UTC| Commentary Economy
The UK economy has started 2017 with decent momentum in activity and continues to expand at a trend pace. The recent PMI surveys are in expansion territory and the quarterly pace of GDP growth is in line with trend. The...
Mexico's growth likely to see significant slowdown in 2017, longer-term prospects remain favourable
Jan 18, 2017 15:31 pm UTC| Commentary
The Mexican peso slumped to nearly 22 pesos per USD which forced a direct intervention from Banxico. Shifts in monetary and trade policies by the US government will likely affect Mexicos outlook. Rating agencies have...
Chinas overheated property market shows further signs of cooling in Dec
Jan 18, 2017 15:07 pm UTC| Commentary Real Estate
Chinas home price growth moderates slightly in December on the back of curbing measures imposed by authorities since October. Local governments imposed or tightened restrictions on home purchases as they stepped up curbs...
China likely to maintain steady economic growth at 6.7 percent in Q4
Jan 18, 2017 14:54 pm UTC| Commentary Economy
China reports GDP data for the fourth quarter on Friday, 20th January. Higher government spending and record bank lending is likely to see stable growth in China in the fourth quarter. Massive fiscal and credit stimulus...
FxWirePro: Indian rupee likely to trade with weakening bias in January ahead of Union Budget
Jan 18, 2017 12:41 pm UTC| Economy Commentary
The Indian rupee is expected to trade with a weakening bias this month given ongoing portfolio outflows, ahead of the presentation of Union Budget FY2017-18 on 1 February and the Reserve Bank of Indias (RBI) next MPC...