Germany likely to witness solid growth this year on upbeat domestic activity, says Bundesbank

Sep 27, 2016 06:27 am UTC| Economy Commentary

German gross domestic product is expected to rise this year and the coming on favorable upswing seen in domestic activity and estimated potential increase in output which has been raised slightly as a result of the higher...

Renminbi Series: Yuan’s share in global payments declines in August

Sep 27, 2016 06:27 am UTC| Commentary Economy

The Chinese yuan has been steadily losing its attraction, according to a report by Swift payment system. As an effect of economic stagnation, uncertainties, higher volatilities and surprised devaluation of the yuan in...

China’s growth momentum likely to lose pace in 2017; CNY to weaken further, says Danske Bank

Sep 27, 2016 05:50 am UTC| Commentary Economy

Chinas growth momentum is expected to lose steam over the coming months, especially in the second quarter of 2017 as the stimuli that helped in the process of a slight economic recovery is likely to fade out in the near...

Peso bulls rejoice as Clinton wins debate

Sep 27, 2016 05:45 am UTC| Commentary Economy

Last night we said that from the move in the Mexican peso, you can gauge the markets understanding of the winner of the debate and the peso is saying its Clinton who won. The Mexican peso has strengthened from 19.9 per...

China’s industrial profits soar to 3-year high in August, show signs of stabilization

Sep 27, 2016 04:55 am UTC| Commentary Economy

Industrial profits in China soared to a three-year high during the month of August, buoyed by rising sales, higher prices and low costs of production. Amid an economic recovery that is likely to lose pace in the coming...

ANZ Roy-Morgan Australian consumer sentiment rebounds strongly in week ending 25 September

Sep 27, 2016 04:32 am UTC| Commentary Economy

In the week ending 25 September, the ANZ Roy-Morgan Australian consumer sentiment rebounded. It rose strongly by 4.4 percent and more than countered the previous weeks decline. The rebound seen in the consumer sentiment...

FxWirePro: The Day Ahead- 27th September, 2016

Sep 27, 2016 03:36 am UTC| Commentary Economy

Not many economic dockets scheduled for release today and all with low to medium risks associated. Upcoming: Germany: Import price index for the month of August will be released at 6:00 GMT. Italy:...