US wholesale inventories remain flat in July, suggest modest growth in Q3

Sep 12, 2016 05:49 am UTC| Commentary Economy

Wholesale inventories in the United States remained unchanged during the month of July, while sales declined to six-month low during the same period, suggesting that a modest growth is awaiting at the start of the third...

Global economy remains in slow lane in August

Sep 12, 2016 05:35 am UTC| Commentary Economy

PMI survey data indicated that the global economic growth accelerated higher for the third straight month in August. However, it was unsuccessful in breaking out of its worst spell for three years, said IHS Markit in a...

Japan’s producer prices logs biggest monthly drop since April, remain weaker than estimates

Sep 12, 2016 05:33 am UTC| Commentary Economy

Producer prices in Japan logged the biggest monthly drop since the month of April, recording the smallest annual contraction in six months. Moreover, prices remained weaker than what markets had initially...

Australian bond yields hit near 2-month high on hawkish Fed officials’ comments

Sep 12, 2016 05:29 am UTC| Commentary

The Australian government bonds plunged Monday as the United States Federal Reserve rate hike speculation gathered steam following hawkish comments from the Fed policymakers. Also, Bloombergs implied portability for a rate...

India’s CPI inflation likely to have eased in August

Sep 12, 2016 05:16 am UTC| Commentary

Indias consumer price inflation is expected to have eased significantly in August following a sharp rise in the previous month. CPI inflation is likely to have slowed to 5 percent year-on-year after reaching a 23-month...

Canadian jobs likely to rise steadily in coming quarters

Sep 12, 2016 05:10 am UTC| Commentary Economy

Canadas employment growth normalized in August. The nation added a total of 26.2k jobs in the month. With the labor force growing, the jobless rate reached 7 percent in August. On six month moving average basis, employment...

Japan machinery orders surprisingly rise for 2nd straight month in July

Sep 12, 2016 05:09 am UTC| Commentary Economy

Machinery orders in Japan unexpectedly rose for the second straight month in a row in July, releasing a preliminary sign that the ailing economy is on a gradual path of improving demand, leading to higher corporate...