UK unemployment rate and earnings growth to rise

Oct 13, 2015 23:39 pm UTC| Commentary

Employment growth ground to a halt in the three months to May. Indeed, it actually fell by 0.2% 3mth/3mth. A small part of that weakness may have been caused by uncertainty surrounding the election because we have seen a...

Pampaloma bull run has just gone global

Oct 13, 2015 23:36 pm UTC| Commentary

Its hard to believe that a 3,000 year old market can be so vital and dynamic in our current modern society. The recent batch of economists mantra want you to believe that gold is a static market as gold pays no interest,...

Central Bank of Chile (BCCh) to keep rates unchanged despite recent warning on policy shift

Oct 13, 2015 23:18 pm UTC| Commentary Central Banks

August growth number simply raised the uncertainty about whether the economy has bottomed yet. Simultaneously, it also means that that inflation situation will be the only concern in the near term if the BCCh indeed...

French HICP inflation to remain unchanged in September

Oct 13, 2015 22:58 pm UTC| Commentary

French HICP inflation is expected to remain unchanged at 0.1% yoy in September. The main culprit behind downward pressure is the lower fuel prices as a result of persistently weak Brent prices in euro terms. Regarding the...

US retail and food services sales probably dipped in September

Oct 13, 2015 22:53 pm UTC| Commentary Economy

A tug of war between a price-induced drop in gasoline purchases and stepped-up consumer outlays on other goods and restaurant meals probably left retail and food services sales 0.1% lower in September, after a modest 0.2%...

Measured in domestic terms, wealth has grown rapidly in India since 2000

Oct 13, 2015 22:37 pm UTC| Commentary

Measured in domestic terms, wealth has grown rapidly in India since 2000 except during the global financial crisis. Annual growth of wealth per adult in rupees has averaged 8% over 2000-2015. Prior to 2008, wealth also...

Japanese economy had a somewhat difficult year, with GDP stalling and yen declining

Oct 13, 2015 22:06 pm UTC| Commentary

The Japanese economy had a somewhat difficult year, with GDP stalling and the yen declining by 17%. Measured in US dollars, wealth per adult fell 15%, but this mainly reflected exchange rate depreciation. In domestic...