U.S. retails sales seem to have recovered in October
Nov 14, 2016 11:28 am UTC| Commentary
U.S. retail sales are expected to have recovered in October. In the previous month, solid rises in spending on motor vehicles and at gasoline stations increased the headline retail sales print to 0.6 percent, which was a...
Italy consumer prices deteriorate in October, HICP rises on month
Nov 14, 2016 11:04 am UTC| Commentary Economy
Consumer prices in Italy deteriorated during the month of October, although the harmonized index remain upright during the period. Italian EU-harmonised consumer prices (HICP) rose 0.2 percent month on month in October...
FxWirePro: Gold heads for larger decline after Trump's victory
Nov 14, 2016 10:53 am UTC| Commentary
After rallying post US election to as high as $1337 per troy ounce the gold price is now down for third consecutive day and the price has declined more than 8 percent from the highs and down about 4 percent in past three...
Polish economy likely to have expanded slightly slower in Q3
Nov 14, 2016 10:50 am UTC| Commentary
The Polish economy is expected to have come in lower in the third quarter of this year. Subdued investment is impacting the nations GDP growth in the second half of 2016 after hurting the economic growth in the first half...
Global Geo-political Series: EU’s emergency Trump meeting suffers key opt outs
Nov 14, 2016 10:29 am UTC| Commentary
Several key members have opted out of the European Unions emergency meeting in response to Donald Trumps victory in the US election in November. The meeting was called to align the interest of the members of the Union in...
Mexican peso likely to see further volatility in near-term, says Commerzbank
Nov 14, 2016 10:25 am UTC| Commentary
Mexican peso had depreciated by about 12 percent against the U.S. dollar to 20.80 as a first reaction to Donald Trumps election victory. Since then, the USD/MXN currency pair corrected to a certain degree, stabilizing to...
India’s revenues likely to rise on better tax compliance; RBI to maintain neutral liquidity stance
Nov 14, 2016 10:24 am UTC| Commentary Economy
India is expected to witness a boost in its revenues, following a widening in the tax base and better tax compliance, along with the potential for a one-off dividend payout by the Reserve Bank of India (RBI). A flush in...