U.K. retail sales likely to have rebounded in October

Nov 16, 2016 13:01 pm UTC| Commentary

The U.K. retail sales are expected to have rebounded in October after a weather-related pause. According to surveys, stores are expected to have performed better in October as they managed to change to the autumn fashions...

U.S. consumer price inflation likely accelerated in October, core inflation to have rebounded

Nov 16, 2016 12:57 pm UTC| Commentary

The U.S. consumer price inflation is expected to have continued to accelerate towards the 2 percent target, whereas core inflation is likely to have rebounded in October. In the previous month, the core inflation had...

Currency snapshot (major pairs)

Nov 16, 2016 12:46 pm UTC| Commentary

Dollar index trading at 100.51 (+0.34%) Strength meter (today so far) Euro -0.22%, Franc -0.31%, Yen -0.59%, GBP -0.14% Strength meter (since last week) Euro -1.40%, Franc -1.83%, Yen -2.91%, GBP -1.19% EUR/USD...

Canadian 10-year bond yields hit highest since December last year flowing global debt sell-off

Nov 16, 2016 12:43 pm UTC| Commentary

The Canadian 10-year Treasury yields hit highest since December last year on Wednesday following heavy sell-off in the U.S. debt market. Also, the Treasuries were pushed lower across the curve as investors moved away from...

U.S. Government bonds sag on Bullard’s hawkish remarks, Fed December rate hike probability jumps to 94 pct

Nov 16, 2016 12:24 pm UTC| Commentary

The U.S. Treasuries were pushed lower across the curve Wednesday as investors moved away from safe-haven buying on rising Federal Reserve December rate hike hopes. Also, the benchmark 10-year Treasury yield bounced to...

Swiss November ZEW business confidence index registers strongest gain in 5 months

Nov 16, 2016 12:16 pm UTC| Commentary Economy

Business confidence in Switzerland registered its highest gain in five months, while economic sentiment for a third consecutive month in November on expectations that the momentum of economic development is set to hold...

New Zealand economic growth encouraging, but downside risks remain high

Nov 16, 2016 12:11 pm UTC| Commentary

Over the past year, the New Zealand economy has performed quite well. The countrys real GDP grew 0.8 percent to 0.9 percent in sequential terms in the past four quarters. The Reserve Bank of New Zealands expansionary...