Euro zone labor recovery remains as fragmented as ever

Sep 30, 2016 10:32 am UTC| Commentary Economy Central Banks

Euro Zone, as well as, the European Union is facing one of the most diverse economic and Labour market recoveries in the history. Partial reforms pursued by governments coupled with theultra-easy monetary policy from...

U.K. economic growth revised upwards on strong service sector growth

Sep 30, 2016 10:31 am UTC| Commentary Economy

The economic growth of the United Kingdom has been revised upwards following astrong performance in the service sector and remained better than market expectations in the period surrounding the nations referendum on...

French consumer spending rebounds in August following higher expenses on durable goods

Sep 30, 2016 10:02 am UTC| Commentary Economy

Consumer spending in France rebounded during the month of August, remaining higher than what markets had initially anticipated, following higher expenditures on durable goods, including cars and other luxury...

Taiwan’s central bank holds policy rate steady following stabilization in economic cycle

Sep 30, 2016 09:43 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) (CBC) maintained status quo at its monetary policy meeting held Thursday, delivering the first pause after a continuous easing cycle that started in September last year,...

New Zealand business sentiment improves in September on rising employment, profit expectations

Sep 30, 2016 09:15 am UTC| Commentary Economy

Business sentiment in New Zealand improved during the month of September, following rising expectations of a wider economic growth with employment and profit intentions rising as well. A net 27.9 percent of firms were...

GDP data unlikely to boost pound

Sep 30, 2016 08:09 am UTC| Commentary Economy

Todays GDP figure that will be released at 8:30 GMT from the Office of National Statistics (ONS) unlikely to be a boost for the pound, simply because, The data represents second quarter figures and the Brexit...

South Korea retail sales jump in August following approach of festive season

Sep 30, 2016 07:01 am UTC| Commentary Economy

Retail sales in South Korea jumped during the month of August, following approach of thefestive season, especially early purchases of gifts ahead of the Chuseok harvest holiday. South Koreas retail sales grew 9.1...