Eurozone economic sentiment jumps in October, beats market expectations

Oct 28, 2016 12:04 pm UTC| Commentary Economy

Economic sentiment in the eurozone area jumped during the month of October, beating market expectations, driven by higher optimism in industry and services. Euro zone economic sentiment indicator rose to 106.3 in...

Currency War Series

Russian central bank keeps interest rate unchanged, likely to slash rates early next year

Oct 28, 2016 11:46 am UTC| Commentary Central Banks Economy

Russian central bank kept its key interest rate on hold at the monetary policy meeting held Friday, but said it might cut rates in the first or second quarter of next year. Russias central bank decided to hold its key...

Worrisome Signs Series

Worrisome Signs Series: NY Fed recession indicator at highest level since great recession

Oct 28, 2016 11:40 am UTC| Commentary Economy

Deutsche Bank has issued a warning that the outlook for the US economy remains fragile and the possibility of a recession looming ahead remains high. Recently another investment bank, J.P. Morgan has said that there are...

USD unlikely to appreciate aggressively in the near term, says Commerzbank

Oct 28, 2016 11:00 am UTC| Commentary Economy

The USD is expected to not appreciate aggressively in the near term and therefore trouble EM currencies is because there is little tolerance for a much stronger USD among official actors. A much stronger USD creates...

Negative Rates Series

BoJ likely to keep negative interest rates, 10-year government bond yield target unchanged

Oct 28, 2016 10:49 am UTC| Insights & Views Economy Central Banks

At its two-day policy meeting which concludes Nov 1st, the Bank of Japan (BoJ) is widely expected to keep unchanged its minus 0.1 percent short-term interest rate target. In a quarterly evaluation of its forecasts also due...

Post-referendum calm continues to drive sentiment higher in Europecom

Oct 28, 2016 09:57 am UTC| Commentary Economy

By many measures, sentiment across the European continent has jumped to their highest level for the year. While the improvement in the economy and the increase in employment exerted impact, it was actually the post-Brexit...

French consumer prices rise in October, miss market expectations

Oct 28, 2016 09:36 am UTC| Commentary Economy

Consumer prices in France rose during the month of October as a rebound in energy prices was offset by falls in food and services prices and the continued decline in the price of manufactured goods. The preliminary...