FxWirePro medium term outlook: WTI target extended to $68 per barrel

Oct 18, 2016 10:08 am UTC| Commentary

In a previous article named, FxWirePro: WTI is likely to extend rally by another 10 percent, available at http://www.econotimes.com/, we suggested buying WTI at then current price of $48.2 per barrel, targeting $53.5 area....

Poland’s retail sales growth likely slowed marginally in September

Oct 18, 2016 09:35 am UTC| Commentary

Polands retail sales growth likely slowed marginally in September. According to a Societe Generale research note, retail sales growth are expected to have decelerated to 5 percent year-on-year in September from 5.6 percent...

Renminbi Series

China new yuan loans rise in September, loan growth likely to cool in Q4

Oct 18, 2016 09:21 am UTC| Commentary Economy

New yuan loans in China rose during the month of September, remaining well above what markets had initially anticipated. However, the growth of loans is expected to cool down in the fourth quarter as local governments...

German bunds trade nearly flat ahead of 30-year auction, ECB’s policy decision also in focus

Oct 18, 2016 09:14 am UTC| Commentary

The German bunds traded nearly flat Tuesday ahead of the super-long 30-year note auction. Also, investors await the European Central Bank monetary policy decision for further market directions scheduled to be released...

Hong Kong’s jobless rate remains stable in September, short-term outlook remains overshadowed

Oct 18, 2016 09:06 am UTC| Commentary

The seasonally adjusted jobless rate of Hong Kong remained flat in September. The latest labor force statistics by the Census and Statistical Department showed that the unemployment rate stood at 3.4 percent in the three...

U.S. September core inflation expected to rise, likely to remain unchanged on year

Oct 18, 2016 08:39 am UTC| Commentary Economy

Core inflation in the United States is expected to slightly rise during the month of September, although is likely to remain unchanged on an annual basis. Core inflation has moved sideways throughout 2016 looking at both...

China’s industrial recovery likely to have continued in September

Oct 18, 2016 08:37 am UTC| Commentary

Chinas real GDP growth is likely to decelerate just marginally in the third quarter; however, nominal output growth is expected to accelerate significantly due to faster improvement in producer prices. According to a...