
US durable goods bookings likely to rebound in October
Nov 25, 2015 07:03 am UTC| Commentary
The durable goods orders in U.S. for the month of October likely had a rebound, from a decline in the months of August and September.The commercial jets bookings increased by four times, which might have driven the...
China economy growth rate may contract to 6.0% in 2016
Nov 25, 2015 06:52 am UTC| Commentary
(Corrected title to saygrowth rate to contract to 6.0%) Chinese economy is following a bearish trend as it is facing strong headwinds from exports and investment sectors. Investments contribute 48% in Chinas GDP as...
UK Autumn Statement likely to revise forecasts for PSNBex budget deficit
Nov 25, 2015 06:30 am UTC| Commentary
UKs joint spending reveiw and Autumn statement will be published by the government today. There will be one speech, one document and one fiscal event.The report discusses on the governements budget for next year, expected...
Guide to today’s important data and events
Nov 25, 2015 06:23 am UTC| Commentary
Lots of economic releases scheduled for today, focus is on dockets from US. Data released so far Australia - Construction work done, dropped -3.6% in third quarter. Japan - Coincident index for September...
Inventory Adjustment spurs positive revision in U.S. GDP
Nov 25, 2015 05:31 am UTC| Commentary
US GDP overtook the estimates to grow at 2.1% rate annualized, the economy grew in a speedier rate than predicted in the third quarter of this year. Big reduction in the inventory accumulation to a smaller -.60 from -1.40...
Daily Economic Outlook: 25th November, 2015
Nov 25, 2015 05:29 am UTC| Commentary
PCE deflator data of the U.S. will draw markets attention today. The Feds preferred measure of inflation, is likely to increase to 1.4% on the core rate in October, says Lloyds Bank. This will boost the Fed confidence that...
U.S. to see solid employment growth in near future
Nov 25, 2015 05:15 am UTC| Commentary
The SP/Case-Shiller 20-City Home Price Index in the U.S. rose more than expected in September. The index shows some modest acceleration in the pace of house price gains in United States. In the Chicago MSA, house prices...