Imports compression continues in Philippines, pointing to better Q3 GDP: ING Economics

Nov 06, 2019 07:19 am UTC| Commentary Economy

The pullback in Philippines September imports, despite the drop in exports, means that net trade will likely not weigh on overall growth momentum in GDP accounting for the third quarter of this year, according to the...

RBNZ likely to keep rates on hold in November before cutting twice next year, says Capital Economics

Nov 06, 2019 06:38 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to keep rates on hold in November before cutting twice next year, while the consensus expects rates to be cut in November and once more in 2020, according to the latest...

New Zealand unemployment rises to 4.2 pct in September quarter, higher than market expectations

Nov 06, 2019 04:22 am UTC| Commentary Economy

New Zealands unemployment rate rose back to 4.2 percent in the third quarter of the year. This was in line with ANZ expectations, but slightly higher than the market expected. The 4.2 percent print reflected a bounce-back...

Australian bonds maintain downtrend tracking U.S. Treasuries on optimistic trade deal news

Nov 06, 2019 03:36 am UTC| Commentary Economy

The Australian government bonds continued to down trend during Asian session Wednesday tracking a similar movement in the United States Treasuries after optimism struck over the U.S.-China trade deal, urging investors to...

Canadian trade deficit narrows in September

Nov 05, 2019 16:27 pm UTC| Commentary

Canadas trade deficit narrowed in the month of September, coming in at a deficit of CAD 0.98 billion, down from a revised deficit of CAD 1.24 billion in August. The deficit was a bit higher than the consensus expectations...

U.K. services PMI index rebounds in October, overall sentiment remains weak

Nov 05, 2019 13:24 pm UTC| Commentary

The U.K. services sector activity rebounded in October. The services PMI index rose to 50 in October, as compared with consensus expectations of 49.7. This is a rise from Septembers six-month low of 49.5. Still, around...

Philippine headline inflation slows down in October, likely to remain below BSP’s target band for some time

Nov 05, 2019 12:33 pm UTC| Commentary

Philippine headline inflation continued to slowdown in October, partially because of base effects. On a year-on-year basis, the consumer price inflation eased to 0.8 percent from the prior months 0.9 percent. Core...