NFIB Small business optimism remains flat in October
Nov 10, 2015 15:27 pm UTC| Commentary
The NFIBs small business optimism index remained unchanged in October at 96.1, after rising for three consecutive months. Todays reading came in only very slightly below market expectations. The details of the report...
US import prices declined more than expected in October
Nov 10, 2015 15:20 pm UTC| Commentary
Total US import prices declined 0.5% m/m in October, much softer than both forecast and consensus expectations (-0.1%). Nonpetroleum import prices also fell at a faster pace than we had anticipated, dropping 0.4% m/m...
OPEC expects balanced oil market in 2016
Nov 10, 2015 13:21 pm UTC| Commentary
The IEA expects a further reduction in investment next year due to continious fall in oil price. Never before in the past 25 years have there been two years of declining investment. The IEA anticipates this to have an...
U.S. shale oil production down for eight months
Nov 10, 2015 13:14 pm UTC| Commentary
According to the World Energy Outlook published today, the International Energy Agency (IEA) believes that the oil price does not seem to reach to $80 per barrel before the end of the decade. The reason for this cited...
High inflation standing in Norges Bank's way
Nov 10, 2015 13:08 pm UTC| Commentary Central Banks
The underlying inflation rate in Norway currently stands at 3.1%. The Norges Bank believes the krone that is weaker than it had expected is mainly responsible for the development. The currency is highly volatile...
Weak industrial production to affect Turkish Lira
Nov 10, 2015 12:59 pm UTC| Commentary
Turkeys recent industrial production data disappointed in September as the output growth recorded a sharp fall of 2.8% y/y against 7.2% y/y in previous month. The data indicates the economy fell into serious recession...
Nov 10, 2015 12:47 pm UTC| Commentary
SARB Governor Kganyago yesterday indicated that the recent contraction in the current account deficit will not be sustained over the next 2 years. On the contrary, SARB expect the current account deficit to average 4.5% of...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects