Mexico’s medium-term trade outlook worsens, trade balance likely deteriorated further in November

Dec 23, 2016 09:15 am UTC| Commentary

Mexicos medium-term trade outlook worsens in spite of flat trade prints in the near term. Following two positive readings in August and September, the trade figures dropped again in October. The year-to-trade data balance...

U.S. new home sales expected to remain constrained in 2016, downward pressure to persist further

Dec 23, 2016 08:53 am UTC| Commentary Economy

New home sales in the United States are expected to remain constrained through 2016, while expecting a possibility of a further slowdown in the near term. The November Commerce Department new home sales report scheduled...

Russian economy to record positive growth next year, appreciating RUB likely to support consumer demand

Dec 23, 2016 08:24 am UTC| Commentary

In the September quarter, Russias economic growth contracted on a year-on-year basis by 0.4 percent as compared with the contraction of 0.6 percent year-on-year in the prior quarter. For the initial nine months of this...

Singapore records higher headline and core inflation in November on rebound in services and food inflation

Dec 23, 2016 08:23 am UTC| Commentary

Singapores headline inflation came in higher in November at 0.0 percent year-on-year, as compared with -0.1 percent recorded in the prior month. MAS core inflation was also up at 1.3 percent from 1.1 percent. The rise in...

German consumer climate improves heading into January on optimism over future income

Dec 23, 2016 08:03 am UTC| Commentary Economy

Consumer climate in Germany improved, heading into January, following optimism over households future income, which suggested that consumer spending will continue to play a major role in the countrys growth prospects in...

Malaysia unemployment, labor participation rate remains stable in October

Dec 23, 2016 07:01 am UTC| Commentary Economy

The rate of unemployment remained stable during the month of October, with the rate of labor force participation also maintaining the same pace. Malaysias jobless rate came in at 3.5 percent in October, the same rate as...

FxWirePro: What does HKD liquidity mean for FX swaps?

Dec 23, 2016 06:45 am UTC| Insights & Views Commentary

HKD rates have more than caught up with USD rates in the current upward move. The move in HKD rates has been quick, especially considering that interbank liquidity stays adequate. The indicators we have been monitoring...