Japan current account surplus widens in August, likely to reach 4 pct of GDP this year

Oct 11, 2016 05:09 am UTC| Commentary Economy

The current account surplus of Japan impressively widened during the month of August, largely reflecting a pickup in merchandise trade. Also, an improvement in the trade balance on lower import prices inflated the overall...

Australia weekly consumer confidence edges lower on subdued economic outlook

Oct 11, 2016 04:44 am UTC| Commentary Economy

Consumer confidence in Australia edged lower during the week ended October 10, largely driven by a fall in the consumers views of the 12 month economic outlook. Even so, consumers remain relatively upbeat about the...

Swiss jobless rate remains unchanged in Sep; SNB likely to maintain weaker currency over medium term

Oct 11, 2016 04:30 am UTC| Commentary Economy Central Banks

The unemployment rate in Switzerland remained unchanged during the month of September, although there was a small increase in the unadjusted total number of unemployed on the month. Moreover, latest data will tend to...

Recovery in Mexican peso likely to remain weak in the near term

Oct 11, 2016 04:13 am UTC| Commentary Economy

The Mexican peso has not only weakened markedly through the important USD/MXN 19.00 level last week but is now closer to the uncharted 20.00 level. We see further MXN softening as the Trump factor will remain a key driver...

Asian markets mixed, gold stabilizes above $1,250

Oct 11, 2016 04:07 am UTC| Commentary

Asian indices were trading on a mixed note on Tuesday. Gold was trading around $1,258 and silver was trading around $17.63 marks. South Koreas Kospi was trading 0.14 percent lower at 2,033.36 points. Tokyos Nikkei...

Italy’s final HICP inflation likely confirmed flash reading of 0.1 pct in September

Oct 10, 2016 12:37 pm UTC| Commentary

Italys final HICP inflation is expected to come in the same as the flash estimate in September. According to a Societe Generale research note, the Italian final HICP inflation is expected to have confirmed the flash...

China’s GDP growth to moderate to 6.7 pct in 2016, monetary policy to remain accommodative in near future

Oct 10, 2016 12:27 pm UTC| Commentary

In the second quarter, the Chinese economy had expanded 1.8 percent sequentially, following a 1.2 percent growth in the first quarter. The growth was mainly due to increased attempts by the government to steady the...