Euro area’s money supply growth likely remained stable in October

Nov 28, 2016 06:12 am UTC| Commentary

Euro areas M3 money supply growth is expected to have stayed stable in October. On a year-on-year basis, the money supply growth is likely to have slowed down because of a base effect. However, in all, the scenario has...

US Election Series

US Election Series: Clinton backs Stein’s recount, America closer to chaos

Nov 28, 2016 05:58 am UTC| Commentary Politics

Over the weekend, Hillary Clintons campaign said that they would join Green Party candidate Jill Steins petition to recount the votes in Wisconsin and would also join recount process in two other key battleground states;...

Central Banking Series

RBI steps up efforts to control excess liquidity out of demonetization

Nov 28, 2016 05:47 am UTC| Commentary Central Banks Economy

The Reserve Bank of India (RBI) has stepped up efforts to control the excess liquidity that has emerged out of the whole process of demonetization, announced by Prime Minister Narendra Modi, effective from November 8,...

New Zealand bonds close tad higher following gains in global debt market, RBNZ Governor Wheeler’s speech in focus

Nov 28, 2016 05:43 am UTC| Commentary

The New Zealand government bonds closed modestly firmer Monday as investors moved towards safe-haven buying following gains in the global debt market. The yield on the benchmark 10-year bond, which moves inversely to...

U.S. service activity grows at robust pace in November, service providers positive of growth prospects

Nov 28, 2016 05:35 am UTC| Commentary

Service sector firms in the U.S. recorded another strong growth in business activity in the month of November, with the pace of growth close to the 11-month peak seen in October. The Markit Flash U.S. Services PMI Business...

U.S. trade deficit widens in October, trade contribution to Q4 GDP likely to be lower

Nov 28, 2016 05:33 am UTC| Commentary

U.S. advanced goods trade deficit for the month of October widened above expectations. The nation recorded a deficit of USD 62 billion in October, as compared with consensus expectations of USD 59 billion. Nominal exports...

FxWirePro: The Day Ahead- 28th November, 2016

Nov 28, 2016 05:26 am UTC| Commentary Economy Central Banks

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: Import price index for October will be released at 7:00 GMT. Italy:...