U.S. nominal goods deficit widens modestly in November, net exports’ contribution to GDP likely lower

Dec 28, 2017 19:36 pm UTC| Commentary

U.S. advance estimate of trade in goods indicates that the nominal goods deficit widened modestly in the month of November. The goods deficit widened to USD 69.7 billion from USD 68.1 billion in October. The deficit was...

Swedish net trade deficit widens in November

Dec 28, 2017 18:43 pm UTC| Commentary

Swedish net trade balance for the month of November widened from the same month last year. The nations exports of goods amounted to SEK 118 billion, whereas imports of goods came in at SEK 121 billion. The net trade...

India to borrow additional INR 500 billion, likely to exert upward pressure on Indian government bond yields

Dec 28, 2017 17:32 pm UTC| Commentary Economy

On Wednesday, the Indian government hinted that it might breach its fiscal deficit target of 3.2 percent of GDP as it will borrow an additional INR 500 billion this fiscal year. The finance ministry stated that the...

Chinese economic growth likely to slow moderately, to ease to 6.3 pct in 2018 – Danske Bank

Dec 28, 2017 16:40 pm UTC| Commentary

In 2016-2017, Chinas economy bolstered, driven by a robust housing market, strong infrastructure spending and higher export growth pulled by higher activity in the U.S. and Europe. Steel production is also believed to have...

TWD likely to continue to follow broader market tone but with lower volatility - Scotiabank

Dec 28, 2017 14:18 pm UTC| Commentary

In the past sessions, the Taiwanese dollar has appreciated with resilience even though foreign investors offloaded a total net USD 2.9 billion of local main board shares between 24 November and 27 December, noted...

TWD likely to continue to follow broader market tone but with lower volatility - Scotiabank

Dec 28, 2017 14:18 pm UTC| Commentary

In the past sessions, the Taiwanese dollar has appreciated with resilience even though foreign investors offloaded a total net USD 2.9 billion of local main board shares between 24 November and 27 December, noted...

Turkish economic confidence index falls sequentially in December

Dec 28, 2017 13:38 pm UTC| Commentary

Turkish economic confidence index dropped sequentially in the month of December. According to Turkish Statistical Institute, the countrys economic confidence index fell 3 percent sequentially to 95 in December from the...