US pending home sales start Q4 on a weak note
Nov 30, 2015 15:44 pm UTC| Commentary
Pending home sales rose by a modest 0.2% m/m in October, against expectations of a more solid rebound following two consecutive declines. The outturn was below both (1.5%) consensus (1.0%) expectations. The seasonally...
Denmark GDP growth disappoints in Q3
Nov 30, 2015 15:30 pm UTC| Commentary
Statistics Denmark today published the Danish Q3 15 growth data, while substantially adjusting its data for the previous quarters. Overall, GDP growth disappointed and will probably come out slightly below our forecasts...
Chicago PMI reverses recent gains in November
Nov 30, 2015 15:19 pm UTC| Commentary
The Chicago PMI fell to 48.7 in November, fully reversing the October surge against the forecast and consensus expectations of a modest decline. The November decline was driven by production (50.9, previous: 63.4) and new...
Indian economy expands 7.4% in third quarter
Nov 30, 2015 13:50 pm UTC| Commentary Economy
Its official. Indian economy is growing at faster pace than China. Indian economy grew at faster pace of 7.4% in third quarter of 2015, broadly defying emerging market slowdown. In second quarter economy grew by...

Pound drops below 1.5 against Dollar, first time in seven months
Nov 30, 2015 13:24 pm UTC| Commentary
There seems to be no end to Dollar buying against peers heading into FOMC in December, where FED is widely accepted to hike rates. Since June, Pound has been trading in a downward sloping channel against Dollar, and now...
Norway’s labor market shows improvement
Nov 30, 2015 13:03 pm UTC| Commentary Economy
Registered unemployment in Norway in October recorded a sharp increase and stood close to 2,000 persons. Analysts argued that the surge is temporary and it may improve. The reading inched up by only 700 persons in...

Swiss 10-year yield drops to new record low
Nov 30, 2015 12:44 pm UTC| Commentary
Swiss 10 year yield dropped to record low today, just when analysts were thinking, how low it will go. Swiss National Bank (SNB) feeling intense inflow pressure from Euro Zone and selling pressure in Euro against Franc,...