Philippines clocks an impressive 6.9% growth in Q1, fastest in three years and the highest in Asia
May 19, 2016 15:02 pm UTC| Commentary
The Philippines economy continued to perform well, outperforms other Asian peers in Q1. Philippines clocked an impressive 6.9% growth in Q1 2016 compared to 6.5% in Q4 2015. It was the highest quarterly growth in almost...
Polish wage growth surprised to the upside in April, could delay rate cuts
May 19, 2016 14:32 pm UTC| Commentary
Polish labour market data surprised strongly in April. Unemployment in Poland fell to 9.6 percent in April, down from 10 percent in March, the Family, Work and Social Policy Ministry said last Thursday. Strong job creation...
UK retail sales rose strongly in April despite major drag from clothing on account of cold weather
May 19, 2016 14:06 pm UTC| Commentary
Office For National Statistics data earlier today showed that UK retail sales bounced back much more strongly than expected in April, despite cold weather. Retail sales volumes rose 1.3 percent on the month in April, the...
ANZ-Roy Morgan NZ consumer confidence eased in May
May 19, 2016 13:35 pm UTC| Commentary
Data released earlier today showed ANZ-Roy Morgan consumer confidence index declined to 116.2 from 120 in April. The current conditions index fell by 4 points to 119.3, while the future conditions index decreased by 3...
May 19, 2016 12:51 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is sharply down as Dollar recovers over FOMC minutes. Todays range $48.1 -47 WTI is...
May 19, 2016 12:39 pm UTC| Central Banks Commentary
Global markets turned weaker on Wednesday after a hawkish FOMC statement heightened the chances of a rate hike in June. US dollar rallied against most of the majors, with the dollar index trading above the 95 level. Dollar...
EUR/PLN likely to return to 4.25 in medium term
May 19, 2016 12:34 pm UTC| Commentary
The EUR/PLN is likely to fluctuate wide in the coming year, given the likelihood of volatility in risk sentiment about government policy, noted Commerzbank in a research report. The currency pair is likely to be at a...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well