German consumer climate improves heading into January on optimism over future income

Dec 23, 2016 08:03 am UTC| Commentary Economy

Consumer climate in Germany improved, heading into January, following optimism over households future income, which suggested that consumer spending will continue to play a major role in the countrys growth prospects in...

Malaysia unemployment, labor participation rate remains stable in October

Dec 23, 2016 07:01 am UTC| Commentary Economy

The rate of unemployment remained stable during the month of October, with the rate of labor force participation also maintaining the same pace. Malaysias jobless rate came in at 3.5 percent in October, the same rate as...

Renminbi Series

Goldman Sachs warns on China risks and further Yuan decline

Dec 23, 2016 06:43 am UTC| Commentary Economy

US investment Bank Goldman Sachs has warned that China remains a key risk for the global economy in 2017. According to the bank, there were serious growth concerns in the short term in 2016, however, policymakers...

Singapore industrial production jump higher than market expectations in near three years

Dec 23, 2016 06:37 am UTC| Commentary Economy

Industrial production in Singapore jumped during the month of November, in over 2-1/2 years and largely exceeding what markets had initially anticipated. Singapores Industrial production surged 11.9 percent...

U.S. home prices continue to witness steady gains in October, likely to maintain pace in 2017

Dec 23, 2016 05:54 am UTC| Commentary Economy

Home prices in the United States continued to witness steady gains during the month of October, remaining consistent with other home price indices. The indicator is expected to maintain the pace going into 2017. US FHFA...

U.S. Q3 GDP revised higher on upbeat personal consumption, economy seen to remain modestly healthy

Dec 23, 2016 05:14 am UTC| Commentary Economy

The gross domestic product (GDP) of the United States was revised higher during the third quarter of this year, following upbeat performance in personal consumption, amid healthy growth in the countrys services sector as...

U.S. initial jobless claims rise to 6-month high in December, raise doubts over Yellen’s hawkish tone

Dec 23, 2016 04:29 am UTC| Commentary Economy

Initial jobless claims in the United States rose to 6-month high during the period of December, raising doubts over the hawkish tone delivered by Federal Rserve Chair Janet Yellen in the latest monetary policy meeting held...