China’s house prices rise in August defying NBS warnings
Sep 19, 2016 06:15 am UTC| Commentary Economy
House prices in China rose in August and at a faster, defying the warnings from the chief of Chinas National Bureau of Statistics (NBS), who said the days of high price growth, are over. Mr. Sheng Laiyun cited data that...
China home prices rise over to six- month high despite efforts to limit housing bubble
Sep 19, 2016 05:55 am UTC| Commentary Economy
Home prices in China rose to over a period of six-month high during August, defying governments efforts to limit a housing bubble. New-home prices, excluding government-subsidized housing, in August gained in 64 of the...
U.K. business sentiment drops to lowest level in four years on increased economic uncertainty
Sep 19, 2016 05:39 am UTC| Commentary Economy
U.Ks business sentiment, which is based on companies projections for their sales, profits and orders in the coming six months dropped from 38 percent in January to 12 percent, the lowest level in four years. However, it...
New Zealand services PMI jumps in August, RBNZ policy decision in focus
Sep 19, 2016 05:35 am UTC| Commentary Economy
The services sector of New Zealand, which accounts for about two-thirds of the economy showed improvement during the month of August, with all five sub-indices and geographic areas improving and above the 50-point mark...
Bank Indonesia likely to ease monetary policy as deflationary pressures still exist
Sep 19, 2016 04:58 am UTC| Commentary Economy Central Banks
Bank Indonesia is expected to lower its benchmark interest rate further as the current stage of persisting deflation opens door to a series of rate cuts in the near term. Further, deflationary pressure persists in the...
New Zealand’s consumer confidence ticks higher in Q3, remains below the long-run average
Sep 19, 2016 04:16 am UTC| Commentary Economy
Consumer confidence in New Zealand ticked higher during the third quarter, according to results revealed by a private survey. However, the index remained well below the series long-run average, as citizens remain concerned...
FxWirePro: The Day Ahead- 19th September, 2016
Sep 19, 2016 04:03 am UTC| Commentary Economy
Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far: China: House price index rose by 9.2 percent in August from a year...