China FX reserves drop to lowest since 2012; trade data stronger than anticipated

Sep 08, 2016 10:44 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...

Chile’s economic weakness persists in July; consumer demand seems to be improving

Sep 08, 2016 10:08 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...

France’s non-farm payroll employment continues to increase in Q2

Sep 08, 2016 09:12 am UTC| Commentary Economy

Non-farm payroll employment increased in France in the second quarter. According to Frances official statistics office, INSEE, the non-farm payroll jobs increased 29,500, up 0.2 percent from the previous quarter. The rise...

Polish central bank signals possibility of rate hike in H2 2017

Sep 08, 2016 08:41 am UTC| Insights & Views Economy Central Banks

Polish 10-member Monetary Policy Council left the seven-day reference rate at 1.5 percent Wednesday largely in line with expectations. The central bank, which ended an easing cycle in March last year, also kept its lombard...

Taiwan exports grow better than expected in August following rise in year-end shipments

Sep 08, 2016 07:07 am UTC| Commentary Economy

Exports in Taiwan grew better than expected during the month of August, following rise in overseas shipments at the approach of Christmas by year-end. Also, global retailers have begun stocking up smart phones and other...

New Zealand annual inflation gauge eases in August, may keep bias for OCR lower

Sep 08, 2016 06:46 am UTC| Commentary Economy

Prices from the ANZ Researchs monthly inflation gauge for New Zealand recorded a rise of 0.1 percent in August after dropping to0.3 percent in July. The result of last month was driven by reductions in ACC levies, noted...

UK house price balance shows sign of improvement in August

Sep 08, 2016 06:03 am UTC| Commentary Economy

House price balance, a level of diffusion index that measures surveyors outlook on UK house prices, rose during the month of August, showing signs of improvement in an attempt to demonstrate that the economy has started to...