
Gold ETF outflows caps the price recovery
Nov 12, 2015 03:36 am UTC| Commentary
The firm US dollar is being defied by gold, which is continuing to trade at around $1,090 per troy ounce. Chinas gold demand seems to be strong and growing up, given Shaghai Gold Exchanges premiums rose to $4-5 per troy...
Australian labour force survey: Total employment lifted 58.6k in October
Nov 12, 2015 02:53 am UTC| Commentary
Australian total employment lifted 58.6k in October, more than double the top of the market estimate for a 25k rise. Total employment has now grown 315k (or 2.7%yr) in the year to October, a significant acceleration from...

A technical recession underway in China
Nov 12, 2015 02:35 am UTC| Commentary Economy
The 3Q GDP (preliminary) is due for release next Monday. It is estimated that growth has contracted 0.8% (QoQ saar), better than the -1.2% recorded in 2Q, but worse than the consensus forecast of -0.3%. This will confirm...
Philippines's poor export growth in September unlikely to matter much for now
Nov 12, 2015 02:23 am UTC| Commentary Economy
Philippiness September export growth came in at -24.7% (YoY), well below expectations. It is important to watch data in the upcoming months even if this may prove to be just a one-off. Nonetheless, after falling some 11%...
India's FDI regulations eased, focus returns to today’s data releases
Nov 12, 2015 02:05 am UTC| Commentary Economy
The Indian government eased FDI regulations in about 15 sectors, including defence, broadcasting, retail, private banking and civil aviation. Measures included an increase in some sectoral FDI caps, raising the...
France IP: Persistent manufacturing weakness implies a moderate but fragile recovery
Nov 12, 2015 00:50 am UTC| Commentary Economy
Industrial production edged up 0.1% m/m in September, above the consensus expectations, stabilising after a volatile summer. The typically volatile components of mining, electricity, gas and water output rose by 0.7% m/m...
Italian IP slow recovery trend stays intact
Nov 12, 2015 00:35 am UTC| Commentary
Italian industrial production rose slightly less than expected in September but its quarterly trend remains unabated, suggesting a modest recovery remains on track. IP rising +0.4% q/q in Q3, in line with Q4 14 - Q2 15...