U.K. business sentiment drops to lowest level in four years on increased economic uncertainty

Sep 19, 2016 05:39 am UTC| Commentary Economy

U.Ks business sentiment, which is based on companies projections for their sales, profits and orders in the coming six months dropped from 38 percent in January to 12 percent, the lowest level in four years. However, it...

New Zealand services PMI jumps in August, RBNZ policy decision in focus

Sep 19, 2016 05:35 am UTC| Commentary Economy

The services sector of New Zealand, which accounts for about two-thirds of the economy showed improvement during the month of August, with all five sub-indices and geographic areas improving and above the 50-point mark...

Bank Indonesia likely to ease monetary policy as deflationary pressures still exist

Sep 19, 2016 04:58 am UTC| Commentary Economy Central Banks

Bank Indonesia is expected to lower its benchmark interest rate further as the current stage of persisting deflation opens door to a series of rate cuts in the near term. Further, deflationary pressure persists in the...

New Zealand’s consumer confidence ticks higher in Q3, remains below the long-run average

Sep 19, 2016 04:16 am UTC| Commentary Economy

Consumer confidence in New Zealand ticked higher during the third quarter, according to results revealed by a private survey. However, the index remained well below the series long-run average, as citizens remain concerned...

FxWirePro: The Day Ahead- 19th September, 2016

Sep 19, 2016 04:03 am UTC| Commentary Economy

Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far: China: House price index rose by 9.2 percent in August from a year...

Mexican economy unlikely to regain momentum before 2017

Sep 16, 2016 10:31 am UTC| Insights & Views Economy

Mexicos economy has lost steam in 2016 and the outlook has become cloudier with the upcoming US elections stoking uncertainty about future economic relations between the two nations. The Mexican economy expanded at a solid...

Chart of the Day Series

Chart of the Day: Long-term yields rise

Sep 16, 2016 10:00 am UTC| Commentary Economy

This chart from Sharon Zollner of ANZ research, warns that the global bond yields s are rising. Not only the major bond yields are rising together, their rise coincides with the drop in equity indices. In a financial...