U.S. durable goods orders seem to have remained weak in September
Oct 26, 2016 10:13 am UTC| Commentary
U.S. durable goods orders are expected to have stayed weak in September. According to a Societe Generale research note, the durable goods orders are likely to have increased by 0.3 percent on sequential basis. But there is...
UK gilts sag ahead of Q3 GDP data; 10-year yields hit 4-month high
Oct 26, 2016 10:09 am UTC| Commentary
The UK gilts slumped Wednesday after surging during the first half of the month and continued to hover around 1.05 percent to 1.15 percent range lately. While yields are likely to hold this range in short-term as the next...
Sweden’s exports improve markedly in September, but likely to weigh on GDP growth in Q3
Oct 26, 2016 09:49 am UTC| Commentary
Swedens exports improved notably in September. Exports of goods totalled SEK 107.7 billion in t he month, whereas imports of goods totalled SEK 104.5 billion. The trade balance of the nation improved in September to a...
Oil in Global Economy Series: OPEC deal commitment doesn’t match production
Oct 26, 2016 09:27 am UTC| Commentary
Organization of Petroleum Exporting Countries (OPEC) has agreed to a deal in September to keep the production from the organization between 32.5 million and 33 million barrels per day. We have expressed our concerns with...
Mexico retail trade rises for fourth straight month in August, surprises markets
Oct 26, 2016 09:20 am UTC| Commentary Economy
Retail sales in Mexico rose for the fourth straight month during the period of August, surprising markets that had expected for a flat reading during the month. This indicates that consumption remains an important pillar...
French consumer confidence in line with market expectations in October
Oct 26, 2016 08:58 am UTC| Commentary Economy
Consumer confidence in France came in line with market expectations during the month of October, following improvement in the outlook of households personal financial situation in the next twelve months. However, their...
German bunds trade lower on rising Fed rate hike bets
Oct 26, 2016 08:57 am UTC| Commentary
The German bund yields traded between 0.01 percent to 0.05 percent mark Wednesday, but we expect them to rise and trade around 0.06 percent to 0.10 percent range as and when Treasury yields make their next move...