Worries about Israel's deflation and tepid growth likely put BoI on hold
Oct 27, 2015 03:42 am UTC| Commentary Central Banks
The Bank of Israel (BoI) kept its 0.10% base rate on hold, as expected. The BoI has no appetite to loosen monetary policy under the current circumstance even though it remains concerned about the very low inflation level,...
Asia stocks drop on risk-off mood; Yen gains on dollar
Oct 27, 2015 02:50 am UTC| Commentary
Asian markets were trading broadly lower on Tuesday morning after Wall Street closed in the red overnight, while the stronger yen sent stocks down in Tokyo. Japans benchmark Nikkei 225 index slipped 0.12% to 18,923.78...
Taiwan’s GDP growth probably turned negative in Q3 due to temporary drag from inventories
Oct 27, 2015 02:24 am UTC| Commentary
Taiwans GDP growth declined sharply to 0.5% yoy in Q2 from 3.8% yoy in Q1, mainly driven down by net exports. Real exports and imports continued to decelerate in Q3. However, due to a sharper fall in imports than exports,...
French goods consumption to show firm growth in Q3
Oct 27, 2015 02:13 am UTC| Commentary
French goods consumption for September is set to confirm that consumption will remain the main engine of France growth in Q3. For September, however, consumer spending in France is expected to show a decrease of 0.3% mom....
New Zealand trade deficit larger than expected in September
Oct 27, 2015 01:41 am UTC| Commentary
New Zealand recorded a trade deficit of over $1bn for the second straight month in September. While the trade balance typically reaches a low point around this time of year, the monthly deficit was much larger than...
Slower stock-building, wider trade gap likely trimmed US Q3 GDP growth
Oct 27, 2015 00:45 am UTC| Commentary
The Bureau of Economic Analysis is expected to report that economic activity decelerated during the summer quarter. A substantial slowdown in inventory building, combined with a larger international trade deficit, probably...
Mixed Euro area EC economic indicators to show buoyancy despite slight softening
Oct 27, 2015 00:33 am UTC| Commentary Central Banks
Despite stronger-than-expected flash PMIs in October published last week, the ECs economic confidence index is expected to soften, from 105.6 to 104.7 in October. The overall picture, though, will remain positive, showing...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects