Canadian retail sales likely to have risen in August on rise in motor vehicle sales

Oct 18, 2018 18:21 pm UTC| Commentary

Canadian retail sales data for the month of August is set to be released this week. Retail sales are expected to have risen 0.4 percent in the month, owing to the motor vehicles strength, noted TD Economics in a research...

Chinese economic growth likely to slow down further in 2019 and 2020 – Wells Fargo

Oct 18, 2018 17:36 pm UTC| Commentary

The Chinese economic growth data for the third quarter is set to be released tomorrow. The third quarter has seen some considerable developments as the trade war between China and the U.S. has continued to ramp up. Even if...

Swedish jobless rate drops in September, employment likely to rise going forward

Oct 18, 2018 16:49 pm UTC| Commentary

Swedish jobless rate dropped in the month of September; however, it stayed above the central banks view. On a seasonally adjusted basis, jobless rate dropped to 6.5 percent from 6.6 percent. Jobless rate averaged 6.5...

U.S. initial jobless claims fall in mid-October, suggest healthy labor market conditions

Oct 18, 2018 15:33 pm UTC| Commentary

Initial jobless claims in the U.S. dropped in mid-October. In the week ended 13 October, initial jobless claims in the nation dropped 5000 to 210k, consistent with consensus expectations of 211k. The four-week moving...

Japanese headline inflation likely to have remained unchanged in September

Oct 18, 2018 13:16 pm UTC| Commentary

The Bank of Japans monetary policymakers continue to battle too low inflation. The consumer price inflation data for the month of September is set to be released this week. According to a Wells Fargo research report, the...

Swedish home prices remain largely unchanged in September, prices to stay stable going forward

Oct 18, 2018 12:26 pm UTC| Commentary

Swedish home prices stayed largely unchanged in the month of September. Prices are expected to remain stable going forward. HOX Valueguard showed that home prices dropped 0.1 percent sequentially. Expectations were for a...

Bank of Korea keeps interest rate on hold, likely to hike by 25 bps in November

Oct 18, 2018 11:54 am UTC| Commentary Central Banks

The South Korean central bank stood pat during its monetary policy meeting today. The Bank of Korea kept the Base Rate at 1.50 percent. The central banks policy statement shows that there was no real sense of urgency to...