U.K. retail sales drop year-on-year in October, likely to come under further pressure in near-term

Nov 16, 2017 15:06 pm UTC| Commentary

Retail sales in the U.K. declined for the first time on a year-on-year basis since March 2013 in October. On a sequential basis, sales rose 0.3 percent, surpassing expectations, but it dropped 0.3 percent year-on-year,...

U.K. retail sales drop year-on-year in October, likely to come under further pressure in near-term

Nov 16, 2017 15:06 pm UTC| Commentary

Retail sales in the U.K. declined for the first time on a year-on-year basis since March 2013 in October. On a sequential basis, sales rose 0.3 percent, surpassing expectations, but it dropped 0.3 percent year-on-year,...

Philippine economy expands year-on-year in Q3, private consumption likely to grow in months ahead

Nov 16, 2017 13:35 pm UTC| Commentary

The Philippine economy expanded on a year-on-year basis in the third quarter. The GDP growth accelerated to 6.9 percent in the September quarter after the upward revision in the second quarter. However, on a sequential...

U.S. Treasuries plummet ahead of initial jobless claims, FOMC members’ speeches

Nov 16, 2017 11:08 am UTC| Commentary Economy

The U.S. Treasuries plummeted Thursday as investors wait to watch the countrys initial jobless claims, scheduled for release today by 13:30GMT. Also, a host of FOMC members speeches is awaited through the day, which will...

UK gilts slump after retail sales beat market expectations in October; BoE Governor Carney’s speech in focus

Nov 16, 2017 09:56 am UTC| Commentary Economy

The UK gilts slumped Thursday after the countrys retail sales beat market expectations during the month of October. Also, investors are looking forward to Bank of Englands (BoE) Governor Mark Carneys speech, scheduled for...

Australia likely to witness further falls in unemployment rate over near-term, says ANZ Research

Nov 16, 2017 08:00 am UTC| Commentary Economy

The ANZ labor market indicator points to further falls in the unemployment rate. Rising employment will support household income, but as yesterdays weak Wage Price Index shows the reduction in spare capacity in the labor...

Optimistic ECB likely to extend QE into 2018, says Schroders

Nov 16, 2017 06:58 am UTC| Commentary Central Banks Economy

The optimism within the European Central Bank (ECB) is expected to drive the central to extend its quantitative easing going into 2018. Although the news is full of the political strife in Europe, risk assets have...