Singapore exports decline less than market expectations, trade outlook remains cloudy

Oct 17, 2016 05:38 am UTC| Commentary Economy

Exports in Singapore declined during the month of September, falling less than what markets had initially anticipated, as outgoing shipments to China moderated during the period, while those to the Europe witnessed a...

India foreign reserves moderate in Oct, driven by outflows of maturing foreign currency non-resident deposits

Oct 17, 2016 05:15 am UTC| Commentary Economy Central Banks

Foreign reserves in India moderated for the week ending October 7, from a level of record-high the previous week, largely driven by outflows of maturing foreign currency non-resident deposits. Also, The Reserve Bank of...

Canada’s existing homes sales rise in September, regulations to shave around 10 pct off sales next year

Oct 17, 2016 05:11 am UTC| Commentary

Canadas existing home sales increased in September after declining for five straight months. Existing home sales rose 0.8 percent in sequential terms and 4.2 percent year-on-year. But the sales continue to be down 5.6...

Australian bonds trade lower ahead of RBA Governor Lowe’s speech; 10-year yield at 5-month high

Oct 17, 2016 05:06 am UTC| Commentary

The Australian government bonds traded lower Monday ahead of the Reserve Bank of Australia Governor Philip Lowes speech. Also, the 10-year bond yields rose to 5-month high on rising market expectations that the central...

FxWirePro: The Day Ahead- 17th October, 2016

Oct 17, 2016 04:38 am UTC| Commentary Economy

Its Monday and as usual, not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far: Japan: Industrial production grew by 1.3 percent in August, up 4.5 percent...

U.S. retail sales rise in September, consumer spending likely to continue supporting economic growth

Oct 17, 2016 04:23 am UTC| Commentary

U.S. retail sales grew in September, coming in line with consensus projections. According to the advance Census Bureau report, the retail sales in the nation increased 0.6 percent in the month. The solid rise in September...

BoE Q3 Credit Conditions Survey shows Brexit likely to have dented demand for UK mortgages

Oct 14, 2016 16:01 pm UTC| Commentary

Bank of Englands (BoE) quarterly survey for Q3 2016 conducted between 23 August 2016 and 14 September 2016 was published earlier today and showed that the Brexit fallout appears to have a negative impact on the demand for...