New Zealand trade deficit widens as dairy prices hit 7-year low in August

Sep 26, 2016 04:58 am UTC| Commentary Economy

New Zealands trade deficit widened during the month of August, as dairy prices, especially those of milk powder rose to a seven-month high during the period, dragging down exports on an annual basis. New Zealands...

FxWirePro: The Day Ahead- 26th September, 2016

Sep 26, 2016 03:49 am UTC| Commentary Economy

Not many economic dockets scheduled for release today and all with low to medium risks associated. Upcoming: Japan: Leading economic index and coincident index for July will be reported at 5:00...

At last, evidence that African agriculture is powering economic transformation

Sep 25, 2016 16:02 pm UTC| Insights & Views Economy

The evidence is now in and the verdict is that Africas agriculture is powering economic transformation in the region. African agriculture has shown remarkable improvement compared to its precarious state 15 years...

Chart of the Day Series

Chart of the Day: Money flows to India

Sep 23, 2016 14:13 pm UTC| Commentary Economy

The era of increasedForeign Direct Investment flows to India, actually began in 2007 and after the financial crisis in the developed marketflows increased to $22 billion in 2009, only to see it drop to $12 billion in 2011....

Decline in Spain’s producer prices softens in August

Sep 23, 2016 12:29 pm UTC| Commentary Economy

Spains producer prices improved during the month of August, decreasing at a slower pace than that in the previous month. The industrial producer price index dropped 3.1 percent year-on-year following a 4.6 percent fall...

Higher inflation and better growth prospects in Norway imply less need for additional rate cuts

Sep 23, 2016 12:17 pm UTC| Insights & Views Economy Central Banks

Norges Bank earlier this week left the key policy rate unchanged and revised higher the interest rate path in line with market expectations. Rate path was raised by 24bps in Q4 2016 and 12-19 bps in 2017-19. The rate path...

Forint hits 16-month high on improved Hungary's S&P rating, stable U.S. rates

Sep 23, 2016 11:38 am UTC| Commentary Economy

The Hungarian forint hit a fresh 16-month high on Friday, against the euro, following improved economic outlook rating by the Standard Poor amid further support from the Federal Reserves decision to keep the key interest...