USD unlikely to appreciate aggressively in the near term, says Commerzbank

Oct 28, 2016 11:00 am UTC| Commentary Economy

The USD is expected to not appreciate aggressively in the near term and therefore trouble EM currencies is because there is little tolerance for a much stronger USD among official actors. A much stronger USD creates...

Negative Rates Series

BoJ likely to keep negative interest rates, 10-year government bond yield target unchanged

Oct 28, 2016 10:49 am UTC| Insights & Views Economy Central Banks

At its two-day policy meeting which concludes Nov 1st, the Bank of Japan (BoJ) is widely expected to keep unchanged its minus 0.1 percent short-term interest rate target. In a quarterly evaluation of its forecasts also due...

Post-referendum calm continues to drive sentiment higher in Europecom

Oct 28, 2016 09:57 am UTC| Commentary Economy

By many measures, sentiment across the European continent has jumped to their highest level for the year. While the improvement in the economy and the increase in employment exerted impact, it was actually the post-Brexit...

French consumer prices rise in October, miss market expectations

Oct 28, 2016 09:36 am UTC| Commentary Economy

Consumer prices in France rose during the month of October as a rebound in energy prices was offset by falls in food and services prices and the continued decline in the price of manufactured goods. The preliminary...

Australia new home sales rise for second consecutive month in October

Oct 28, 2016 09:03 am UTC| Commentary Economy

New home sales in Australia rose for the second straight month during the period of October, offering signs of stability in a market that has cooled this year. Australias new home sales rose 2.7 percent in October,...

U.S. initial jobless claims fall to near 4-decade low, strengthen case for Dec Fed rate hike

Oct 28, 2016 08:39 am UTC| Commentary Economy

Initial jobless claims in the United States fell to near 4-decade low during the week ended October 22, as employers remain unwilling to part with workers. Also, the data strengthened the case for a December interest rate...

Brazil unemployment rate remains at record low in Sep, likely to rise in coming months

Oct 28, 2016 05:59 am UTC| Commentary Economy

The unemployment rate in Brazil remained at a record low during the month of September, unchanged from the three months through August. Also, it is expected to continue rising in the coming months amid the countrys worst...