Net migrant inflows to New Zealand remain strong, will support demand conditions in economy
Sep 21, 2016 04:56 am UTC| Commentary Economy
The migration and travel figures are largely unchanged in New Zealand. Net migrant inflows continue to be strong, and are unlikely to see any significantly changes any time soon. New Zealand recorded a net inflow of 5,600...

BoJ tweaks QQE but leaves rest unchanged
Sep 21, 2016 04:44 am UTC| Commentary Central Banks
The Bank of Japan (BoJ) was a bit late today in announcing its decision, so the financial market was speculating that something big might be coming today. However, the central chose to tweak its current Qualitative and...
FxWirePro: The Day Ahead- 21st September, 2016
Sep 21, 2016 04:21 am UTC| Commentary Economy Central Banks
Lots of economic dockets scheduled for today and some with high risks associated. Data released so far: Australia: Westpac leading index remained flat for August. Upcoming: Japan: Bank of Japan (BoJ)...
U.S. housing starts eases in August, homebuilding to be on modest upward trajectory in coming months
Sep 21, 2016 04:12 am UTC| Commentary
The rate of U.S. homebuilding eased in August. The headline figure of housing starts came in significantly weaker than market projections. In August, housing starts dropped 70,000 units to 1,142k annualized, as compared...
Most Asian markets in red ahead of BOJ and FOMC, gold stabilizes around $1,315
Sep 21, 2016 03:39 am UTC| Commentary
Asian markets were trading marginally lower ahead of BOJ and FOMC interest rate decision. On the other side, gold was trading around $1,315 and silver was trading around $19.20 marks. Japans Nikkei was trading around...

Chart of the Day: China's unsustainable debt
Sep 20, 2016 18:03 pm UTC| Commentary Economy
This nice chart from the Bank of International Settlements (BIS), shared by zerohedge.com shows the rise in Chinas debt to GDP gap to 30.1 percent, three times the level considered as critical. This indicator has served...
Greek current account surplus narrows in July, decline in service sector surplus drags
Sep 20, 2016 15:37 pm UTC| Commentary
Data released by Bank of Greece on Tuesday showed that Greece current account surplus narrowed y/y in July. Increased trade deficit as a result of higher imports and a lower services surplus was seen as the main reason....