Brazil’s labor market deterioration likely continued in September, jobless rate to have reached 12 pct

Oct 26, 2016 11:41 am UTC| Commentary

The Brazilian labor market deterioration is expected to have continued. In the past year, the jobless rate has increased by three percentage points and has increased by 5.5 percentage points since 2014 when the deep...

Oil in Global Economy Series

Oil in Global Economy Series: Who in OPEC will take cuts?

Oct 26, 2016 11:25 am UTC| Commentary

Concerns have surfaced inside OPEC on two fronts; Iraq, Iran, and Venezuela have accused the OPEC secretariat of under-reporting their production numbers and Iraq have called for an exemption from the cuts. While the first...

U.K. economic growth likely to have decelerated in Q3

Oct 26, 2016 11:18 am UTC| Commentary

The U.K. economic growth is expected to have slowed in the third quarter in sequential terms. The first estimate of every quarters economic growth is derived from the economys output side. There are hard data for both...

South Korea economic growth likely to slow further in Q4 2016, stabilize in H1 2017

Oct 26, 2016 10:53 am UTC| Commentary Economy

The economic growth of South Korea is expected to further slow down during the fourth quarter of this year, before stabilizing in the first half of next year. The economy grew 2.8 percent q/q on a seasonally adjusted...

Euroarea money supply growth likely to have accelerated in September

Oct 26, 2016 10:42 am UTC| Commentary

Money supply growth in the euro area is expected to have accelerated in September. According to a Societe Generale research report, the M3 money supply growth is likely to have quickened to 5.3 percent year-on-year in the...

FX Hedging Strategy Series

FxWirePro: Can Cable call spreads with lengthier tenors outperform Article 50?

Oct 26, 2016 10:36 am UTC| Central Banks Commentary

Although the sterling came under notable pressure yesterday ahead of the hearing of Bank of England governor Mark Carney in front of the House of Lords committee. However, Carney did not provide any news, i.e. he did not...

U.K. mortgage approvals rebound from 19-month low, consumer lending touches decade-high

Oct 26, 2016 10:23 am UTC| Commentary Economy

Mortgage approvals in the United Kingdom rebounded from a 19-month low during the period of September; also consumer lending grew at the fastest pace in almost a decade. U.K.s number of mortgage for home purchases rose...