Eurozone June retail sales hold flat on increased consumer appetite, decrease in fuel purchases
Aug 03, 2016 12:27 pm UTC| Commentary
Retail sales in Eurozone during the month of June held steady, following increased consumer appetite for purchase of discretionary items amid drop in fuel purchases. Eurozone retail sales, a proxy indicator for...

ADP points to returning stability in labor market
Aug 03, 2016 12:26 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of July. ADP number shows US economy and its labor markets are resilient and the recent momentum loss is stabilizing. There are two things to note even...

Aug 03, 2016 11:54 am UTC| Commentary Economy
ADP employment data to be released at 12:15 GMT is todays most vital dockets from US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic strength. What...
France services PMI slightly crawls up in July, stays higher than consensus
Aug 03, 2016 11:45 am UTC| Commentary
Services Purchasing Managers Index (PMI) in France during the month of July crawled up, staying higher than what markets had initially expected, offsetting ongoing manufacturing weakness, according to a private survey...
Oil in Global Economy Series: What factors to watch out for?
Aug 03, 2016 11:03 am UTC| Commentary
As expected and forecasted, WTI is heading towards a test of $35 per barrel area, where we are expecting to give a pause before it bounces back or slides further. To determine which side the market might, one will have to...
Bank of Thailand stands pat; likely to stay on hold throughout 2016
Aug 03, 2016 10:52 am UTC| Commentary Central Banks
The Bank of Thailands Monetary Policy Committee (MPC) unanimously decided to keep the policy rate on hold at 1.5 percent, at par with projections. According to the central banks post meeting statement, the Committee...
Looking at disappointing PMI reports BoE is likely to take measures
Aug 03, 2016 10:17 am UTC| Commentary Central Banks
Looking at the disappointing PMI reports, even if could be the result of just worsening sentiment, the Bank of England (BoE) is likely to announce some measures at tomorrows policy meeting. On Monday, PMI data from Markit...