French non-farm payrolls continue to rise in Q3, supported by temporary work

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

French non-farm payrolls continued to rise during the third quarter of this year, supported by growth in temporary work. In Q3 2016, French payroll employment in the non-farm market sectors continued to increase...

Japan Q3 GDP declines on slowdown in capex, inventories, misses market consensus

Dec 08, 2016 07:05 am UTC| Commentary Economy

Gross domestic product in Japan during the third-quarter of this year declined unexpectedly, following drops in business spending and in private inventories. Japan unexpectedly cut its reading of third-quarter economic...

New Zealand’s Treasury revises economic and fiscal forecast; real GDP to grow 3.6 pct in 2017

Dec 08, 2016 06:27 am UTC| Commentary Economy

The New Zealand Treasury has upgraded its GDP growth forecasts relative to Budget 2016. GDP growth is now expected to be 3.6 percent in the year to June 2017, gradually slowing to 2.3 percent by 2021. Moreover, an improved...

FxWirePro: The Day Ahead- 8th December, 2016

Dec 08, 2016 05:24 am UTC| Commentary Economy Central Banks

Not many economic dockets and events scheduled for today but some with high volatility risks associated. Data released so far: United Kingdom: RICS house price balance came at 30 percent in...

U.S. consumer credit eases in October, likely to move higher on recent run-up in interest rates

Dec 08, 2016 05:22 am UTC| Commentary Economy

Consumer credit in the United States eased during the month of October, as a result of a shift away from mortgage debt and toward others forms of credit, particularly student loans, which have exhibited steady,...

Chart of the Day Series

Chart of the Day: Dollar in demand

Dec 07, 2016 18:48 pm UTC| Commentary Economy

This chart from Bloomberg shows 3-month JPY-USD basis swap and EUR-USD basis swap, which is the cost to convert yen and euro denominated liabilities to thedollar. For the yen, the swap spread rose to 92 basis points...

Central Banking Series

BoJ Deputy Governor Iwata holds emphasis on money printing, exposes rifts between board members

Dec 07, 2016 16:52 pm UTC| Commentary Central Banks Economy

Bank of Japan Deputy Governor Kikuo Iwata, supporter of aggressive money printing in the nine-member board, shrugged off the view the BOJ was now putting less emphasis on pumping money. Iwata stressed that the BOJ will...