U.K. industrial orders fall sharply in October despite pick up in export demand

Oct 24, 2016 11:48 am UTC| Commentary Economy

Industrial orders in the United Kingdom fell sharply during the month of October, despite a rebound in export demand. However, somewhat weaker business optimism in the three months to October pulled down orders as...

EUR/CZK likely to trade above 29.0 level following CNB’s FX intervention

Oct 24, 2016 10:19 am UTC| Commentary Central Banks Economy

The EUR/CZK currency pair is expected to trade above the level of 29.0, if the Czech National Bank (CNB) intervenes in the foreign exchange market, or the koruna should be weaker by around 8% from the current...

Germany composite PMI touches 3-month high on solid rise in private sector output

Oct 24, 2016 09:19 am UTC| Commentary Economy

Germanys activity sector output rebounded during the month of October, following solid co-operation from private sector output, with the countrys composite Purchasing Managers Index (PMI) touching a 3-month high during the...

CEE economies likely to receive support from ECB in local currency bond markets

Oct 24, 2016 08:28 am UTC| Commentary Economy

The economies of the Central and Eastern European region are expected to receive support from the European Central Bank (ECB) in local currency bond markets. Looking forward, the ECB-driven environment will definitely...

Eurozone consumer confidence inches higher in October, in line with expectations

Oct 24, 2016 07:00 am UTC| Economy Commentary

Consumer confidence in the eurozone inched higher during the month of October, improving largely in line with what markets had initially anticipated. However, there was no market reaction post the release of the...

Thailand economy recovers at gradual pace, stable financial systems reflect resilience in economy

Oct 24, 2016 06:45 am UTC| Commentary Economy

Thailands economy is recovering at a gradual pace, with stable financial systems reflecting the resilience in the economy. The Bank of Thailand (BoT) Governor Veerathai however, mentioned in his speech last week that some...

Singapore consumer prices fall for 23rd straight month in Sep, in line with consensus

Oct 24, 2016 06:22 am UTC| Commentary Economy

Consumer prices in Singapore fell for the 23rd straight month during the period of September, largely in line with what markets had earlier anticipated, which mainly reflected the smaller decline in private road transport...