South African Treasury widens budget deficit forecast on economic growth concerns

Oct 27, 2016 08:34 am UTC| Commentary Economy

The South African Treasury Department has widened its forecast for the budget deficit for the fiscal year 2016-17, governing concerns over the countrys declining rate of economic growth that has in turn, reduced tax...

FxWirePro: UK third quarter GDP preview

Oct 27, 2016 07:50 am UTC| Commentary Economy

Todays GDP figure will be released at 8:30 GMT from the Office of National Statistics (ONS). It is the first flash estimate of the third quarter GDP. The data is of extreme importance as it would represent the performance...

Weakness in NEER likely to weigh on SGD’s performance through 2017

Oct 27, 2016 07:10 am UTC| Commentary Economy

Weakness in the Nominal Effective Exchange Rate (NEER) of Singapore is expected to weigh on the performance of SGD through 2017. Despite a no-change decision, the MAS has signaled flexibility in allowing the SGDNEER to...

Taiwan Q3 economic growth likely to rise following recovery in electronics, exports sector

Oct 27, 2016 06:10 am UTC| Commentary Economy

Economic growth in Taiwan is expected to have risen during the third quarter of this year, following arecovery in the countrys electronics and exports sector. Exports made a turnaround last quarter, thanks to the cyclical...

Global inflation likely to rise following pick up in world commodity prices

Oct 27, 2016 05:41 am UTC| Commentary Economy

Global inflation is expected to rise in the near term, tracking recent pick up in world commodity prices. This can be expected to reduce the deflation scare further, thereby supporting the market pricing of...

U.S. durable goods orders likely to rise in Sep, core capital goods to mark a decline

Oct 27, 2016 05:16 am UTC| Commentary Economy

Durable goods orders in the United States are expected to have risen during the month of September, while core capital goods to have marked a decline during the period. The September Commerce Department durable goods...

China industrial profits slow in September, signals growing pessimism in business activity

Oct 27, 2016 05:04 am UTC| Commentary Economy

Industrial profits in China slowed during the month of September, showing signs of growing pessimism in the business activity of the worlds second-largest economy. However, profits rose on a yearly basis, owing to aboost...