FxWirePro: The Day Ahead- 19th October, 2016
Oct 19, 2016 04:48 am UTC| Commentary Economy
Lots of economic dockets scheduled for today and some with high risks associated. Data released so far: China: Retail sales in September grew by 10.7 percent y/y. Industrial production growth declined to 6.1...
Brazil retail sales decline for second straight month in August, struggles to beat recession
Oct 19, 2016 04:38 am UTC| Commentary Economy
Retail sales in Brazil declined for the second straight month during the period of August, indeed a sign that the economy struggles to come out of the ongoing phase of recession even as supermarket sales stood...

Chart of the Day: Saudi bond sale price
Oct 18, 2016 17:57 pm UTC| Commentary Economy
Saudi Arabia is about to issue its first international bond and this nice chart from Bloomberg shows the pricing inestimated spread on theequivalent tenure of US treasury. It is well expected that the Saudis would have to...

Bank of England likely to look through inflation uptick, rate cut remains on the table
Oct 18, 2016 11:57 am UTC| Insights & Views Economy Central Banks
According to data released by the Office for National Statistics on Tuesday, U.K. headline consumer price index inflation rose to the highest rate in over two years in September 2016. The CPI inflation came in at 1 percent...
U.K house prices continue to rise in August, number of mortgage approvals fall slightly
Oct 18, 2016 11:55 am UTC| Commentary Economy
Housing prices in the United Kingdom continued to rise during the month of August, while the number of mortgage approvals fell slightly during the same period. However, the demand and supply of housing properties stayed at...
EUR/PLN hits 1-month low, focus remains on Polish labor market data
Oct 18, 2016 10:18 am UTC| Commentary Economy
The EUR/PLN and EUR/HUF currency pairings weakened on Monday, with the former hitting a one-month low, while the Czech koruna remained stuck at the intervention threshold EUR/CZK 27.0 of the Czech National Banks...
China new yuan loans rise in September, loan growth likely to cool in Q4
Oct 18, 2016 09:21 am UTC| Commentary Economy
New yuan loans in China rose during the month of September, remaining well above what markets had initially anticipated. However, the growth of loans is expected to cool down in the fourth quarter as local governments...