Solid US ISM non- manufacturing index and service sector

Nov 05, 2015 07:35 am UTC| Commentary

US ISM non-manufacturing Index was previously at 56.9 in September and on a consensus, was expected to mildly slip to 56.6, however strong but lesser than previous month. In October the ISM non-manufacturing index came in...

NBP keeps bank rates unchanged

Nov 05, 2015 07:25 am UTC| Commentary

The Polish Monetary Policy Council decided to keep the bank rates unchanged. The central bank governor, Marek Belka says outgoing governments 2016 budget bill leaves no scope for further fiscal easing."The expenditure rule...

Chile's growth outlook for 2015 not so optimistic

Nov 05, 2015 07:18 am UTC| Commentary

Chiles Q2 2015 GDP was expanded 1.9% from Q2 2014 GDP, but came in lower than the Q1 2015 GDp of 2.5%. This was slightly above what market participants expected. There was significant rise in public spending and the labor...

U.K. Q4 unemployment rate likely at 5.5%

Nov 05, 2015 07:03 am UTC| Commentary

The BoEs MPC meeting and inflation report are due today. The inflation rate remained around zero in Q3, slight less than MPCs projection of 0.11% year on year. In the October minutes, the MPC said that the near term...

Czech's consumer spending likely solid

Nov 05, 2015 06:57 am UTC| Commentary

Czech Republics consumer spending is moving in a positive momentum, by increasing to 498.10 bn CZK in Q2 2015, increasing slightly from that of Q1 2015. The countrys consumer confidence also improved in October to 104.80...

Demand conditions remain a major concern for Indonesia

Nov 05, 2015 06:45 am UTC| Commentary Economy

Bank of Indonesias retail sales survey is at its lowest level, which signals persistent weakness. Exports saw a 13 straight month contraction. The household demand also dropped below 5% in Q2 2015. Indonesias credit...

Australia's growth likely on track over coming years

Nov 05, 2015 06:36 am UTC| Commentary

Australia current GDP is at 0.2%, it is expected to rise in Q4 2015 and over coming years, the growth is likely to move on a positive note. Both government and household spending helped pushing the growth up, while Chinas...