Sep 29, 2016 07:39 am UTC| Economy Research & Analysis
This week, although EURGBP is losing in its price, we remain bearish of GBP, and forecast a 5-10% move from here in GBP/USD, taking the pair below 1.25, taking EUR/GBP to a little above 0.90. EURGBP was at 0.8616 from...
Peso remains the worst performer in Asia following subdued investor confidence
Sep 29, 2016 07:26 am UTC| Commentary Economy
The Philippines peso remained the worst performer amongst all Asian currency pairings over the past one month, following subdued investor confidence in the economy, given that is has been recently shaken by the recent...
South Korea's exports in September likely to disappoint as manufacturing sector loses steam
Sep 29, 2016 06:16 am UTC| Commentary Economy
Exports growth in South Korea is expected to disappoint during the month of September as the countrys manufacturing sector has lost steam during the period. South Korean exports are projected to fall back into the...
Stark differences in retail spending growth seen throughout New Zealand
Sep 29, 2016 05:35 am UTC| Commentary Economy
New Zealands retail spending has been expanding at a stronger pace. In the past year, retail sales have increased by 4.5 percent in nominal terms. Sales have been up by 18 percent since 2012. Moreover, with inflation...
South Korea’s consumer confidence slightly slows in Sep, stays above the 100-mark threshold
Sep 29, 2016 05:29 am UTC| Commentary Economy
Consumer confidence in South Korea slightly slowed during the month of September, although staying above the 100-point mark that separates expansion from contraction. South Koreas consumer confidence continued to...
FxWirePro: The Day Ahead- 29th September, 2016
Sep 29, 2016 05:04 am UTC| Commentary Economy
Lots of economic data releases and events scheduled today and some are with high risks associated. Upcoming: Spain: HICP inflation for September and retail sales report for August will be shared at 7:00 GMT....
Sep 29, 2016 05:03 am UTC| Commentary Economy
Retail sales in Japan fell for the sixth straight month in a row during the period of August, signaling renewed pressure on the countrys policymakers to adopt steps to bolster household spending in the economy. Japans...