President-elect Donald Trump in a diplomatic feud with UK
Nov 23, 2016 08:34 am UTC| Commentary
US President-elect Donald Trump got involved in a diplomatic feud with the United Kingdoms government by suggesting that many (probably he) would like to see former UK Independence Party (UKIP) leader Nigel Farage as the...
Norway’s jobless rate remains stable in September
Nov 23, 2016 08:33 am UTC| Commentary
Norways Labor Force Survey (LFS) showed that the total number of unemployed persons in a seasonally adjusted basis totalled 135,000 in September, stated Statistics Norway. This corresponds to a jobless rate of 4.8 percent,...
Briferendum Aftermath Series: Watch out for autumn budget statement from Phillip Hammond
Nov 23, 2016 07:47 am UTC| Commentary Economy
Anyone interested in UK assets or pound based pairs need to keep a close watch on the budget statement that will be read today before the House of Commons by the new chancellor of exchequer Phillip Hammond. When will...
U.S. manufacturing PMI likely to remain unchanged in November
Nov 23, 2016 07:35 am UTC| Commentary Economy
Activity in the manufacturing sector of the United States is expected to have remained unchanged during the month of November, with political upturns witnessed with the victory of President-elect Donald Trump during the...
Indian bonds rally on broadening RBI easing consensus, 10-year yields inch away from 6 pct forecast
Nov 23, 2016 07:33 am UTC| Commentary
The Indian government bonds rallied Wednesday on rising speculation that the Reserve Bank of India will lower its repo rate by 25 basis points to 6 percent in its next month monetary policy meeting. Also, 10-year yield...
Chile’s economy grows above expectations in Q3, but likely to show strains in coming quarters
Nov 23, 2016 07:15 am UTC| Commentary
The Chilean economy expanded better than expected in the third quarter in year-on-year terms. The countrys GDP grew 1.6 percent non-seasonally adjusted, similar to the year-earlier rate seen in the second quarter. In...
Eurozone services PMI likely to increase in November on upbeat business outlook
Nov 23, 2016 07:13 am UTC| Commentary Economy
Services sector in the eurozone is expected to have risen during the month of November, following upbeat business outlook in the common currency zone. The euro areas services PMI for Germany and France is scheduled to be...