U.S. consumer credit rises in August, consistent with continued stable gains in revolving credit

Oct 10, 2016 05:52 am UTC| Commentary

U.S. consumer credit in August increased USD 25.2 billion. Rises in both revolving and non-revolving credit stimulated the rise in U.S. consumer credit in the month. However, the divergent trend between the two components...

Better-than-expected tax amnesty flows reduce downside risks to Indonesia's growth; BI to slash rates in Oct

Oct 10, 2016 05:52 am UTC| Commentary Economy

The better-than-expected tax amnesty flows at the end of the first phase of the program (1 July to 30 September) have reduced the downside risks to growth given that the extent of cuts in expenditure will be smaller....

China’s services sector growth slightly deteriorates in Sep, still shows solid jobs creation

Oct 10, 2016 05:21 am UTC| Commentary Economy

Services sector in China grew at a slightly deteriorating pace during the month of September, although the sector contributed to the fastest creation of jobs in almost seven months, following boost in new business...

ANZ monthly inflation gauge for New Zealand rises in September

Oct 10, 2016 05:09 am UTC| Commentary Economy

Inflationary pressures in New Zealand continue to be drowsy; however, certain action was detected. ANZs monthly inflation gauge for New Zealand rose 0.2 percent in September. Momentum was provided by reasonable rises in...

FxWirePro: The Day Ahead- 10th October, 2016

Oct 10, 2016 04:59 am UTC| Commentary Economy

Lots of economic dockets scheduled for today but all with low to medium risks associated. Upcoming: Switzerland: Unemployment rate for September will be released at 5:45 GMT. Germany: Trade balance for...

Canada’s Ivey PMI soars to 10-month high in Sep, indicates broad improvement in economic activity

Oct 10, 2016 04:40 am UTC| Commentary Economy

Canadas Ivey Purchasing Managers Index (PMI) soared to 10-month high during the period of September, remaining well above the 50-point neutral mark that pointed towards an improvement in the economic activity of the...

Canada jobless rate remains unchanged in Sep, additional jobs at near 4-year high

Oct 10, 2016 04:23 am UTC| Commentary Economy

The rate of unemployment remained unchanged in Canada during the month of September, although the number of jobs added soared to near four-month high during the period, mostly owing to a surge in part-time work and...