U.K house prices continue to rise in August, number of mortgage approvals fall slightly
Oct 18, 2016 11:55 am UTC| Commentary Economy
Housing prices in the United Kingdom continued to rise during the month of August, while the number of mortgage approvals fell slightly during the same period. However, the demand and supply of housing properties stayed at...
Low interest rate level, increase in residential construction support New Zealand economic growth
Oct 18, 2016 11:42 am UTC| Commentary
Growth rates recorded for the New Zealands economy are quite encouraging in principle. The nations central bank, Reserve Bank of New Zealand, is expecting the economy to expand 3.2 percent in this year and 3.6 percent in...
Brazilian central bank likely to start easing monetary policy in October
Oct 18, 2016 11:09 am UTC| Commentary
The Brazilian central bank is expected to start easing its monetary policy during its October Copom meeting. Recent releases of inflation imply that food inflation has started slowing and that this process is expected to...
US corporate earnings in third quarter continue to mourn strong dollar
Oct 18, 2016 10:44 am UTC| Commentary
Having bad earnings report? Well, just blame it on the dollar. Strangely according to the figure by Bloomberg, 60 percent of the corporate America blamed the strong dollar for the disappointment in the earnings report....
U.K. headline inflation rate rises to highest in over two years in September
Oct 18, 2016 10:26 am UTC| Commentary
The headline consumer price index inflation of the U.K. rose to the highest rate in over two years in September 2016. The CPI inflation came in at 1 percent year-on-year in the month, according to the Office for National...
UK gilts gain on BoE easing speculations, investors shrug off better than expected CPI data
Oct 18, 2016 10:24 am UTC| Commentary
The UK gilts gained Tuesday as investors speculate that the Bank of England will lower its interest rate in Novembers monetary policy meeting. Also, markets largely shrugged off better-than-expected consumer inflation data...
EUR/PLN hits 1-month low, focus remains on Polish labor market data
Oct 18, 2016 10:18 am UTC| Commentary Economy
The EUR/PLN and EUR/HUF currency pairings weakened on Monday, with the former hitting a one-month low, while the Czech koruna remained stuck at the intervention threshold EUR/CZK 27.0 of the Czech National Banks...