German industrial output seems to have grown slightly in July
Sep 06, 2016 11:51 am UTC| Commentary
German industrial output is expected to have grown slightly in July. After the solid beginning to 2016, the nations industrial output was muted in the second quarter, falling 1 percent in the quarter. However, the...
Iran offers support for production freeze
Sep 06, 2016 11:43 am UTC| Commentary
Irans oil minister Bijan Zanganeh offered his backing to the initiative of the production freeze if that provides price stability. After a meeting with the new OPEC secretary general, Mohammed Barkindo, Irans oil minister...
National Bank of Poland likely to maintain key interest rate at 1.5 pct
Sep 06, 2016 11:10 am UTC| Commentary
The National Bank of Polands Monetary Policy Council is expected to keep its key interest rate unchanged during its meeting tomorrow. According to a Societe Generale research note, the MPC is anticipated to maintain the...
UK gilts rise on weak retail sales, strong demand at 10-year bond auction
Sep 06, 2016 11:09 am UTC| Commentary
The UK gilts gained Tuesday after reading lower-than-expected August retail sales, which registered the weakest growth since April. Also, bond yields slide as the results of a 10-year bond auction showed solid...

FxWirePro: Kiwi might attempt breakout over dairy auction
Sep 06, 2016 11:07 am UTC| Commentary Economy
This year, the price of the dairy, which is the major export commodity of New Zealand, has been recovering. In the last two auctions, theprice has moved higher by 6.6 percent and 12.7 percent. While this has been...
South Africa's economic growth rises in Q2, escapes second recession
Sep 06, 2016 11:06 am UTC| Commentary Economy
Economic growth in South Africa rose during the second quarter of this year, escaping a second recession in seven years as a rebound in mining and factory output help spur the ailing economy. The countrys gross domestic...
Briferendum Aftermath Series: Brexit minister outlines exit strategy
Sep 06, 2016 10:48 am UTC| Commentary
The United Kingdoms Brexit secretary, David Davis, speaking to the parliament, laid out the strategies that the kingdom will adapt while negotiating an exit from the European Union. He said that it is not necessary for...