Germany’s trade surplus falls in July on slump in exports

Sep 09, 2016 09:35 am UTC| Commentary Economy

Germanys trade surplus slowed during the month of July, coming in lower than what markets had earlier anticipated, following adecline in exports, the latest in a string of weak economic data from Europes industrial...

Yuan’s inclusion in SDR likely to lead to capital flows of $31 billion for direct allocation

Sep 09, 2016 08:34 am UTC| Commentary Insights & Views Economy

The International Monetary Funds new Special Drawing Rights basket which includes the yuan will take effect on October 1. The weights of the basket currencies will be in the manner of 41.73 percent for the US dollar, 30.93...

Economic growth in Chile seems to be on a weak track, although consumer demand seen to improve

Sep 09, 2016 08:21 am UTC| Commentary Economy

Economic weakness in Chile persisted during the month of July; however, consumer demand is improving or at least not weakening further. The IMACEC economic activity index increased 0.5 percent in July compared to a year...

China forex reserves hit 4-year low in August as PBoC indulges to defend USD/CNY at 6.70 mark

Sep 09, 2016 07:39 am UTC| Commentary Economy

Chinas foreign exchange reserves dropped to the lowest level since 2012, suggesting that the Peoples Bank of China (PBoC) was intervening to defend USD-CNY at the 6.70 mark. Chinas foreign reserves dropped by USD 15.9...

New Zealand’s retail spending on electronic cards falls in August, restraint in spending patterns to continue

Sep 09, 2016 07:36 am UTC| Commentary Economy

Retail spending on electronic cards in New Zealand dropped in August after rising in July. It declined 0.4 percent in sequential terms in the month, as compared with a 0.2 percent month-on-month rise in July. This was...

US Election Series

US Presidential Election Series: Donald Trump is a hawk and that matters

Sep 09, 2016 06:59 am UTC| Commentary Economy

Republican Presidential nominee Donald Trumps statements and speeches have caused up veal in many international and national organizations, not because they are good or bad; in many a casethey are politically...

Malaysia industrial production rises in July, misses expectations

Sep 09, 2016 06:32 am UTC| Commentary Economy

Industrial production in Malaysia rose during the month of July, missing market expectations, helped by strength in the mining, manufacturing and electricity sectors. Industrial production rose 4.1 percent...