UK house prices rally for second straight month in September, near-term price outlook improves

Oct 13, 2016 06:26 am UTC| Commentary Economy

House prices in the United Kingdom rallied for the second straight month during September, with the near-term prices expectations outlook having improved. UKs monthly house price index increased to +17 in September from...

New Zealand house sales volumes fall in September

Oct 13, 2016 06:17 am UTC| Commentary

New Zealand house sales in September dropped in sequential terms, reversing the improvement seen in the prior month. Throughout the country, the activity was seen easing. National sales volumes declined 6.2 percent...

New Zealand consumer confidence improves in October on strong economic outlook

Oct 13, 2016 05:57 am UTC| Commentary Economy

Consumer confidence in New Zealand improved during the month of October, as rising house prices and a strong labour market keep people upbeat, further supporting economic growth. The ANZ-Roy Morgan consumer confidence...

Indonesia September consumer prices likely to ease, core-inflation likely to remain range-bound

Oct 13, 2016 05:04 am UTC| Commentary Economy

Consumer prices in Indonesia are expected to have eased during the month of September as food costs likely continued to soften, particularly perishables and pulses, while sugar and spices act as a...

Bank of Korea holds key rate at 1.25 pct, cuts inflation forecast for this year

Oct 13, 2016 04:59 am UTC| Commentary Central Banks

As widely anticipated, the Bank of Korea Monetary Policy Board today decided to keep the key interest rate on hold for the fourth consecutive month at 1.25 percent. The central bank also cut its inflation projection for...

China exports fall to 7-month low in September, adds to rising yuan pressure

Oct 13, 2016 04:14 am UTC| Commentary Economy

Exports in China fell to a seven-month low during the period of September, adding to rising yuan pressure, which is at near six-year low. Chinas exports fell 10 percent from a year earlier in September, data released by...

Asian markets lower, gold hovers around $1,260

Oct 13, 2016 03:44 am UTC| Commentary

Asian indices were trading on a lower note on Thursday. Gold and silver were trading marginally higher on in early hours of Asia. Gold was trading around $1,260 and silver was trading around $17.60 marks. On the other...