Norwegian registered unemployment falls in August, Norges Bank likely to hike in September
Aug 31, 2018 12:12 pm UTC| Commentary
Norwegian labor market figures came in slightly weak in August. However, Norges Bank is expected to hike interest rate in September. Norways registered unemployment including those on labor market measures dropped by 2400...
Global Geopolitical Series: Trump threatens to leave WTO unless reforms implemented
Aug 31, 2018 12:06 pm UTC| Commentary Economy
Speaking to Bloomberg reporters yesterday, before leaving for a campaign-style rally in Indiana ratchet up the pressure on the World Trade Organization (WTO), which he accused many a time of bias against the United States....
Global Geopolitical Series: Russia vetoes UNSC report on North Korea
Aug 31, 2018 11:54 am UTC| Commentary
The representative of the Russian Federation at the United Nations Security Council (UNSC), Vassily Nebenzia vetoed a report by the council on members compliance with the UNSC sanctions on North Korea and halted...
Polish flash consumer price inflation stays flat in August
Aug 31, 2018 11:36 am UTC| Commentary
The statistical office of Poland released a flash estimate of August inflation today. The flash readings indicate that the headline consumer price inflation stayed flat at 2 percent year-on-year, consistent with consensus...
Global Geopolitical Series: North Korea eager to continue dialogue with U.S. despite recent hiccups
Aug 31, 2018 11:09 am UTC| Commentary
Earlier this month, President Donald Trump called off a visit by the U.S. Secretary of State Mike Pompeo to North Korea just days before the meeting citing a lack of progress in terms of denuclearization. While there was a...
U.S. Treasuries climb in muted session amid trade negotiations with Canada, Mexico
Aug 31, 2018 11:02 am UTC| Commentary Economy
The U.S. Treasuries climbed Friday before ending the trading week with the final University of Michigan consumer confidence survey results for August and Chicago PMI. On the preliminary results, the headline Michigan...
Euro area core inflation rate drops in August, unlikely to rise above 1 pct until 2019
Aug 31, 2018 10:52 am UTC| Commentary
Euro areas core inflation decelerated in the month of August. The headline consumer price inflation came in at 2 percent in the month, a slowdown from 2.1 percent in the prior month. The core rate, which excludes...