Mexico’s jobless rate close to full employment level, further rebound likely difficult

Jan 19, 2017 12:57 pm UTC| Commentary

Mexicos labor market is close to full employment. The nations jobless rate dropped in October-November to the lowest levels since 2008, while the rate of hiring in the manufacturing sector continued to indicate growth in...

FxWirePro: GBP cheaper among G10 but Scandis seem more economical over sterling

Jan 19, 2017 12:50 pm UTC| Research & Analysis Insights & Views Commentary

GBP appears to be the cheapest among G10 space on this framework cross-section ally, but still, has room to weaken further relative to its history. GBP has been one of the underperformers within G10 over the past two...

Canadian bonds fall as BoC remains optimistic over 2016 growth, maintains stable policy rate

Jan 19, 2017 12:46 pm UTC| Commentary

The Canadian bonds fell Thursday after the Bank of Canada remained optimistic over the countrys gross domestic product in 2016 at 2017s first monetary policy meeting held Wednesday. The central bank also maintained a...

China’s real GDP growth likely remained at 6.7 pct in Q4, activity growth to have stayed positive

Jan 19, 2017 12:32 pm UTC| Commentary

Chinas real GDP growth is expected to have come in at the same pace in the fourth quarter of 2016. According to a Societe Generale research report, the countrys economy is likely to have grown 6.7 percent year-on-year once...

U.S. Treasuries plunge on rising expectations of Fed rate hikes; 10-year yields approach 3 pct mark

Jan 19, 2017 12:28 pm UTC| Commentary

The U.S. 10-year Treasuries plunged Thursday, on rising expectations of three gradual interest rate hikes by the Federal Reserve. Also, the yields on the 1-year government bonds are seen to approach the 3 percent mark, in...

Mexican inflation likely to accelerate towards average of 4.2 pct in Q4 2017, says Societe Generale

Jan 19, 2017 12:22 pm UTC| Commentary

Mexicos inflation has stayed below 6 percent since 2003 and below 5 percent since 2005 with the exception of the higher-commodity price-led sharp rise in 2008-2009. Furthermore, Mexicos inflation has been on a downward...

Commodities snapshot (energy)

Jan 19, 2017 12:05 pm UTC| Commentary

Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is as the production in the United States rise faster than expected. Todays range $51.8-51.2 With an OPEC and...