Japan’s manufacturing PMI rises at the sharpest pace in nine months

Oct 24, 2016 04:53 am UTC| Commentary Economy

Manufacturing conditions in Japan rose at the fastest pace in nine months during the period of October, helped by a surge in sales, which have risen for the first time since January this year. A reading above 50 indicates...

FxWirePro: The Day Ahead- 24th October, 2016

Oct 24, 2016 04:11 am UTC| Commentary Economy

Its Monday and as usual, not many economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI for October came at 51.7, a rise...

Strong CPI unlikely to boost loonie

Oct 21, 2016 12:03 pm UTC| Commentary Economy

The biggest problem the Canadian economy is facing is not deflation but growth. Lower oil price and severe wildfire that led to the drop in the oil production have been a major drag on the Canadian economy. In addition to...

U.S. Fed manufacturing index eases slightly from 19-month high

Oct 21, 2016 11:33 am UTC| Commentary Economy

The United States manufacturing index slightly eased during the month of October, after having risen to 19-month high in September; manufacturing activity pulled back modestly in the Philadelphia region, but details of the...

Canada’s small businesses mitigate sluggishness in labor market

Oct 21, 2016 10:30 am UTC| Commentary Economy

Business confidence and hiring in Canada are continued to be weighed on due to persistent sluggish pace of Canadas post-recession rebound and increased uncertainty in global economy. Canadas employment, since its 2009...

National Bank of Poland’s MPC sees stable policy rates despite concerns over economic growth

Oct 21, 2016 10:25 am UTC| Central Banks Commentary Economy

The National Bank of Polands (NBP) monetary policy committee (MPC) still sees stable rates as the most likely scenario in the recently released minutes of the latest monetary policy meeting. This is despite the fact that...

Bank Negara likely to ease in November, inflation likely to soften in coming months

Oct 21, 2016 09:50 am UTC| Central Banks Commentary Economy

Bank Negara Malaysia (BNM) is expected to ease its key interest rate at the monetary policy meeting in November with inflation likely to soften in the next 2-3 months and as growth concern intensifies. Rising inflation...