U.S. pending home sales likely to rise in November, recovery to continue into 2017

Dec 28, 2016 09:27 am UTC| Commentary Economy

Pending home sales in the United States are expected to have risen during the month of November, as consumers showcase positive reaction to the sharp changes in the value of real estate assets. Also, households have...

Japan retail sales post first gain in almost 9 months, widely beat market expectations

Dec 28, 2016 07:09 am UTC| Commentary Economy

Retail sales in Japan rebounded during the month of November, posting the first positive gain during the period and broadly beating what markets had initially anticipated. Retail sales in Japan were up a seasonally...

Japan industrial production jumps to highest in five months, raise hopes of brighter Q4

Dec 28, 2016 06:01 am UTC| Commentary Economy

Industrial production in Japan jumped to its highest level in almost five months during the period of November, raising hopes of green shoots in the last quarter of this year. Broad expansion in the countrys export volumes...

U.S. consumer confidence maintains firm footing in December, likely to push spending in Q4

Dec 28, 2016 05:17 am UTC| Commentary Economy

Consumer confidence in the United States remained upbeat during the month of December, jumping more than what markets had initially anticipated, in a signal that the moderation in the worlds largest economy will continue...

U.S. home prices rise further in October, likely to maintain pace through 2017

Dec 28, 2016 04:53 am UTC| Commentary Economy

Home prices in the United States further rose during the month of October, at levels near to post-financial crisis and are also expected to maintain the pace through the rest of this year and 2017. However, this signaled...

Japan housing starts rise in November at the weakest pace in three months

Dec 27, 2016 10:47 am UTC| Commentary Economy

Housing starts in Japan rose during the month of November, albeit at the weakest pace in three months, government data showed. Japans Housing starts grew at a slower pace of 6.7 percent year-on-year in November,...

Norway unemployment falls in December, likely to rise in the months ahead

Dec 27, 2016 06:59 am UTC| Commentary Economy

The number of unemployed people in Norway fell during the month of December, while the rate of unadjusted jobless people remained unchanged during the period. However, the countrys jobless rate is anticipated to rise in...