US Election Series: What if the result is a tie?
Nov 08, 2016 11:35 am UTC| Commentary Politics
We at FxWirePro, continue to believe that Donald Trump is going to be the next President of the United States but most of the analysts think that the race is too close to call. Our forecast is based on our own independent...
Sweden’s household consumption falls in September, economic growth likely sluggish in Q3
Nov 08, 2016 11:17 am UTC| Commentary
Swedens household consumption dropped in September, while business sector production rebounded in the month. The nations household consumption fell 0.2 percent in sequential terms, as compared with 0 percent in the...
EU Commission likely to revise down Eurozone 2017 growth forecast
Nov 08, 2016 11:11 am UTC| Commentary
The European Union Commission is due to release its Autumn 2016 Economic Forecasts tomorrow, which would be used as the basis for the thorough assessment of the 2017 Draft Budgetary Plans. The European Commission, in...
U.K. industrial production falls in September, outlook remains grin in near term
Nov 08, 2016 11:07 am UTC| Commentary Economy
Industrial production in the United Kingdom fell during the month of September, beating market expectations. However, the outlook remained grin for the near-term period, undermined by weakness in the mining sector. UK...
UK gilts rise modestly on weak industrial production
Nov 08, 2016 11:02 am UTC| Commentary
The UK gilts traded modestly firmer Tuesday after recent data showed that industrial production fell unexpectedly in September following the Brexit vote. The yield on the benchmark 10-year gilts, which moves inversely...
Worrisome Signs Series: China’s trade balance
Nov 08, 2016 10:51 am UTC| Commentary Economy
Today, Chinese trade balance data got published and it was a relatively weak one. Weak enough to spark concerns with regard to not just the Chinese economy but global economy as well. Chinese trade balance came at...
Czech construction output falls year-on-year in September
Nov 08, 2016 10:25 am UTC| Commentary
Czech Republics construction output dropped in September in real terms. According to Czech Statistical Office, the construction output fell 7.4 percent in year-on-year terms. On a sequential basis, the seasonally adjusted...