UK September labour report shows signs of weakness, particularly on wage growth

Nov 11, 2015 23:40 pm UTC| Commentary Economy

Todays September labour report shows signs of weakness, particularly on wage growth. While the September unemployment rate fell to 5.3%, the large increase in the October claimant count warrants this to be read with...

France's Q3 GDP to show consumption driven recovery

Nov 11, 2015 23:21 pm UTC| Commentary Economy

Q3 qoq GDP growth of 0.4% is expected in France (up from 0.0% in the previous quarter). A batch of hard data even suggests that risks are tilted to the upside. Goods consumption (that represents 50% of total consumption)...

U.S. True Debt Pegged At USD65 Trillion, Not USD18.5, Ex-GAO Chief Says

Nov 11, 2015 15:29 pm UTC| Business Economy

The true debt of the US is apparently bigger than what everyone thinks. In an radio interview that aired on Sunday, former Government Accountability Office (GAO) head Dave Walker said that the countrys true debt is...

U.K. September Labor Report shows modest recovery

Nov 11, 2015 12:41 pm UTC| Commentary Economy

The headline ILO unemployment rate in the United Kingdom edged down to 5.3% in September. Consensus expected the figure to remain steady at 5.4%. Total unemployment recorded a fall of 103k from 1,774k in August, which...

Indian government takes major FDI liberalization moves, key reform approvals remains a challenge

Nov 11, 2015 05:37 am UTC| Insights & Views Economy

Inorder to increase inflows to India , the government has taken many steps in a major liberalisation of FDI regime. 15 sectors FDI regulations have been eased, limit on Foreign Investment Promotion Board(FIPB) is extended...

No improvement in Chile’s economy, while inflation has declined

Nov 11, 2015 00:08 am UTC| Commentary Economy

There is no sign of significant improvement in Chiles growth outlook (although September growth number surprised to the upside) since the last meeting and the economy continues to grow significantly below its trend, which...

UK housing survey to provide update on approvals trend

Nov 10, 2015 00:34 am UTC| Commentary Economy

UK September lending data delivered a surprise fall in mortgage approvals. Housing demand conditions remain firm with the problem being more one of unresponsive supply rather than demand weakness. We had thought that...