French Election: Le Pen enjoys boost in polls, while Macron suffers

May 01, 2017 04:53 am UTC| Commentary

With less than a week to go to the second round of the French election, the Front National candidate Marine Le Pen is enjoying a boost in support, while the support for a Macron Presidency plummets by six points. Harris...

FxWirePro: The Day Ahead- 1st May 2017

May 01, 2017 04:06 am UTC| Commentary Economy

Due to Labor Day holiday all across the globe, not many economic dockets scheduled for today and all with low to medium risks associated. Upcoming: Japan: Vehicle sales report for April will be released at 5:00...

Swedish retail sales grow below undershoot expectations, modest trend in retail sales to continue

Apr 28, 2017 23:19 pm UTC| Commentary

Swedish retail sales grew on a year-on-year basis in March. The retail sales growth figure came in at 1.9 percent year-on-year, as compared with Februarys year-on-year growth of 2.6 percent and consensus expectations of...

U.S. personal spending likely rose in March, personal income to have expanded modestly – TD Economics

Apr 28, 2017 23:08 pm UTC| Commentary

The nominal PCE of the U.S. is likely to have increased in March. According to a TD Economics report, personal spending is expected to have risen 0.2 percent, reflecting a decline in spending on durables and modest gains...

U.K. headline inflation likely to peak at around 3 pct in early 2018 on increased import prices

Apr 28, 2017 23:00 pm UTC| Commentary

The consumer price inflation in the U.K. was just above zero one year ago. But recently, it has accelerated above 2 percent, whereas the core rate has risen sharply to just below 2 percent. Along with the sharp rises in...

South Korea’s economy to grow 2.6 pct in 2017 on solid exports and likely extra fiscal spending in H2

Apr 28, 2017 22:51 pm UTC| Commentary

The South Korean economic growth accelerated in the first quarter to 0.9 percent sequentially, according to the preliminary estimate. On a year-on-year basis, it grew 2.7 percent. Investment mainly drove the rebound in the...

U.S. crude oil production expands significantly in February

Apr 28, 2017 22:31 pm UTC| Commentary

The Petroleum Supply Monthly Report of EIA indicated that the U.S. crude oil production expanded in February by 190 kb/d month-on-month to 9.03 mb/d. This increase was driven by a sharp rise in Lower-48 onshore output....