British shoppers unruffled by referendum outcome
Aug 18, 2016 10:11 am UTC| Commentary Economy
No matter how bad things are, Britons like to shop. At least latest retail sales data avail from the office of National Statistics suggests so. Retail sales in July, a month after the voters chose to part away from the...
UK property market likely to face revisions and provisions but no crash thanks to bargain hunters
Aug 18, 2016 09:23 am UTC| Commentary Economy
UK property market is one of the most happening real estate markets in the world right now, buzzing with financial provisions, revisions, discount, bargain hunting and liquidation. Big Real estate investment trusts are...
Philippines' economic growth exceeds market projections in Q2
Aug 18, 2016 07:42 am UTC| Commentary Economy
The Philippines economy expanded faster than market projections in the second quarter of this year. The economic growth accelerated to 7 percent year-on-year, as compared with market projection of between 6.5 percent and 7...
Employment in Australia rises surprisingly in July, but full-time jobs weaken sharply
Aug 18, 2016 06:02 am UTC| Commentary Economy
Employment in Australia rose surprisingly in July, while the jobless rate declined in the month. Jobs in the country grew a solid 26,000 in July. The strength was seen mainly in part-time employment that increased by...
China’s housing prices continue uneven recovery
Aug 18, 2016 04:52 am UTC| Commentary Economy
According to the data from Chinas National Bureau of Statistics (NBS), the prices for new residential homes rose by 7.9 percent in July from a year back. Prices rose in 58 out of 70 cities surveyed on ayearly basis and...
FxWirePro: The Day Ahead- 18th August, 2016
Aug 18, 2016 04:22 am UTC| Commentary Economy
Lots of economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far: China: House price index rose 7.9 percent in July. Australia: Employment rate...
UK's first hard data post-Brexit don’t show much impact yet, likely to keep BoE on hold at Sept meet
Aug 17, 2016 12:04 pm UTC| Insights & Views Economy Central Banks
The first set of UKs hard data from the post-referendum period do not show any major impact from Brexit yet and hence is likely to keep the Bank of England (BoE) on hold at its September 15 meeting. A survey by...
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