Mexico retail trade rises for fourth straight month in August, surprises markets
Oct 26, 2016 09:20 am UTC| Commentary Economy
Retail sales in Mexico rose for the fourth straight month during the period of August, surprising markets that had expected for a flat reading during the month. This indicates that consumption remains an important pillar...
French consumer confidence in line with market expectations in October
Oct 26, 2016 08:58 am UTC| Commentary Economy
Consumer confidence in France came in line with market expectations during the month of October, following improvement in the outlook of households personal financial situation in the next twelve months. However, their...
Recent developments in Chinese PPI do not signal fundamental economic improvement, says Commerzbank
Oct 26, 2016 08:41 am UTC| Commentary Economy
The recent developments in Chinese producer prices do not point toward any fundamental improvement in the economy. The recent pick-up in Chinas PPI inflation dynamics is something worth noting. For the first time since...
Mexico’s August retail trade surprises on upside, Banxico may hike rates again in December
Oct 26, 2016 07:12 am UTC| Commentary Economy
Mexico published its August retail trade data yesterday. It came as a surprise on the upside. It rose 0.6 percent on a sequential basis in August. According to analysts, retail trade was expected to stagnate. This...
Singapore industrial production rises in September, beats market expectations
Oct 26, 2016 06:41 am UTC| Commentary Economy
Industrial production in Singapore rose during the month of September, beating market expectations and led by solid increases in electronics and pharmaceuticals output. Singapores manufacturing output rose 6.7 percent...
South Korean consumer confidence surges to 10-month high in Oct, business outlook remains dim
Oct 26, 2016 06:16 am UTC| Commentary Economy
Consumer confidence in South Korea surged to a 10-month high during the period of October, despite a grim business outlook in the economy. The composite consumer sentiment index for October came to 101.9, compared with...
U.S. consumer confidence falls to 3-month low in October on labor market concerns
Oct 26, 2016 05:58 am UTC| Commentary Economy
Consumer confidence in the United States fell to a 3-month low during the period of October, following concerns over the countrys labor market and an equally unhealthy household condition. U.S. consumer confidence index...