Danish economic growth likely to move higher in coming quarters, says Danske Bank
Nov 15, 2016 12:35 pm UTC| Commentary
Denmarks economic growth last year had come in 3.4 percent higher than anticipated earlier, which stemmed from higher GDP growth every year since the crisis, particularly in the past couple of years. This signifies that...
U.S. Government bonds trade narrowly mixed ahead of retail sales data
Nov 15, 2016 12:32 pm UTC| Commentary
The United States Treasuries traded narrowly mixed Tuesday as markets await greater flow of data on Tuesday, highlighted by retail sales, Empire manufacturing, import prices and business inventories releases. The yield...
Taiwan likely to grow 2 pct in 2017, although still below potential
Nov 15, 2016 12:24 pm UTC| Commentary Economy
The Taiwanese economy is expected to grow by about 2% in 2017, faster than in 2016 but still below potential. Also, the labor market will recover but not significantly, while inflation will remain stable and low at about 1...
Australia’s wage growth likely to have risen marginally in Q3
Nov 15, 2016 12:21 pm UTC| Commentary
Australias monthly jobless rate had peaked in July 2015 and has since fallen by 0.7 percentage points. In quarter-on-quarter terms, the turning point was in the first quarter of 2015. However, wage growth is yet to show...
U.K unemployment rate seems to have remained stable in September
Nov 15, 2016 12:08 pm UTC| Commentary
U.K. unemployment is expected to have stayed stable in September. The set of labor data for this month is expected to have been quite undramatic with very little movement in the key figures, noted Societe Generale in a...
Nov 15, 2016 12:07 pm UTC| Commentary
The Chinese yuan is expected to stay under moderate depreciating pressure against the U.S. dollar, according to a Scotiabank research note. This is due to the constant, yet gradual capital outflows from China and the fact...
Fed rate hike expectations likely to outweigh on BoJ’s policy outlook in near-term
Nov 15, 2016 11:59 am UTC| Commentary Economy Central Banks
Fed rate hike expectations and the USDs movements will likely continue to outweigh the BoJs policy outlook to drive market developments in the near term. The dollars broad-based rally, as a result of high expectations...