Philippines trade deficit widens in July as exports drop on sluggish global recovery

Sep 09, 2016 10:23 am UTC| Commentary Economy

Philippines trade deficit widened during the month of July as exports tumbled against a backdrop of sluggish global economic recovery. The decline in exports was due to the decrease in demand from traditional markets such...

US Treasuries plunge on upbeat jobless claims report, Fed rate hike probability strengthens

Sep 09, 2016 10:21 am UTC| Commentary

The US Treasuries saw downward pressure across the curve Friday during a relatively quiet session that witnessed data of little significance. The sold-off was largely influenced by lower than expected jobless claims that...

Higher Swiss jobless rate poses concern for SNB; overvalued franc deepens the cause

Sep 09, 2016 10:06 am UTC| Commentary Economy Central Banks

The jobless rate in Switzerland rose for the first time since May, during the month of August, shrugging expectations for an unchanged figure, raising concerns for the Swiss National Bank. Also, an overvalued franc is...

Swedish consumer price inflation seems to have slowed in August

Sep 09, 2016 09:55 am UTC| Commentary

Swedish consumer price index inflation is likely to have slowed in August. According to a Nordea Bank research report, the CPI is expected to have dropped to 0.1 percent month-on-month. Meanwhile, the CPIF reading is...

UK gilts plunge as BoE remains optimistic on inflation; monetary policy decision in focus

Sep 09, 2016 09:52 am UTC| Commentary

The UK gilts plunged Friday after the Bank of England in its August survey report on inflation expectations mentioned that the countrys consumer inflation to rise in the short-term. The yield on the benchmark 10-year...

US Election Series

US Election Series: Poll numbers are dropping for Clinton all across the country

Sep 09, 2016 09:46 am UTC| Commentary Politics

The poll numbers are in decline for Clinton and quite rapidly as the scandals have started taking its toll. To most of the Americans, the scandals have portrayed Clintons image as a dishonest person. Many of her lies have...

Norway’s August inflation slows slightly on lower airfares, Norges Bank to remain on hold

Sep 09, 2016 09:39 am UTC| Commentary

Norwegian consumer price inflation slowed slightly in August, mainly due lower airfares. On a sequential basis, Norways CPI inflation decelerated to 0.5 percent, while on a year-on-year basis, it came in at 4 percent, 0.4...