Germany construction PMI rises to 6-month high in Oct, 12-month outlook improves on rising demand

Nov 07, 2016 09:40 am UTC| Commentary Economy

Growth in constructions sector activity rose to a 6-month high during the period of October with commercial and residential building activity being the pillars of overall output growth. Employment and purchasing activity...

Moody’s upgrades Hungary’s sovereign rating, EUR/HUF to trade around 319 by end-2016

Nov 07, 2016 09:37 am UTC| Commentary Economy

As widely expected, Hungary was upgraded to the investment grade of Baa3 by Moodys. The rating agency also gave a stable outlook during its scheduled review on Friday. There is unlikely to be any significant market...

BoT likely to remain on hold following sluggish economic growth, private sector demand

Nov 07, 2016 08:38 am UTC| Commentary Central Banks Economy

The Bank of Thailand (BoT) is expected to keep its interest rate unchanged at the monetary policy meeting scheduled this week, following sluggish economic growth and a dullness in private sector demand. Further, the...

Malaysia exports surprise on the downside on key drag from crude oil, metal sector

Nov 07, 2016 07:16 am UTC| Commentary Economy

Exports of Malaysia surprised on the downside, with key drag received from the overseas shipments of crude oil and manufacturers of metal and metal products. Also, recovery in the key electronics sector remains dull and...

Indonesia economic growth eases in Q3 following low commodity prices, weak global demand

Nov 07, 2016 06:32 am UTC| Commentary Economy

The economic growth of Indonesia slightly eased during the third quarter of this year, compared to a year ago period, following lower commodity prices amid an environment of weak global demand that hurt overseas trade as...

Canada Ivey PMI jumps to 9-month high in Oct, near-term manufacturing prospects seem firm

Nov 07, 2016 05:31 am UTC| Commentary Economy

Canadas manufacturing strength, as measured by the countrys Ivey Purchasing Managers Index (PMI), jumped to a 9-month high during the period of October, while the index measuring delivery of products, declined during the...

BoK likely to keep policy rates steady on slow economic growth, to adopt dovish bias

Nov 07, 2016 05:06 am UTC| Commentary Economy Central Banks

The Bank of Korea (BoK0 is expected to keep policy rates on hold, following slower economic growth amid increasing political risks and continuous expansion of household debt. However, it is likely to adopt a dovish bias in...