Canada’s existing home sales fall in August, average home price likely to fall 1 pct in 2017

Sep 16, 2016 06:09 am UTC| Commentary Economy

Canadas existing home sales dropped in August for the fourth straight month. The existing home sales print saw a decline of 3.1 percent in the month, bringing resale activity 6.9 percent below the peak reached in April...

China's FX reserves at 2012 lows, pose downside risks to USD/CNH

Sep 16, 2016 06:00 am UTC| Commentary Economy

Chinas foreign exchange reserves dropped to its lowest level since 2012, reflecting that the Peoples Bank of China (PBoC) should have defended USD/CNY at 6.70 last month. Looking ahead, it can be expected that the PBoC...

G3, Asia Q4 growth outlook remains grin, consensus blames demographics for the slowdown

Sep 16, 2016 05:32 am UTC| Commentary Economy

The growth outlook for Asia as well as the G3 economies remains grin for the fourth quarter of this year as majority consensus states that the structure of demographics is largely responsible for the slowdown in the...

NZ consumer confidence gains in Sep on upbeat house price expectations; RBNZ to hold fire

Sep 16, 2016 04:57 am UTC| Commentary Economy

Consumer confidence in New Zealand gained during the month of September, following upbeat housing price expectations. Also, the week witnessed strong economic data for the country, which is likely to administer for a...

FxWirePro: The Day Ahead- 16th September, 2016

Sep 16, 2016 03:53 am UTC| Commentary Economy

Not many economic dockets scheduled for today but some with high risks associated. Upcoming: Italy: Trade balance for July will be reported at 8:00 GMT. Eurozone: Second quarter labor costs details will be...

How universities boost economic growth

Sep 15, 2016 15:11 pm UTC| Insights & Views Economy

In 1900, just 1% of young people in the world were enrolled at university. Over the course of the next century this exploded to 20%, as recognition of the value of such an education became widespread. And it turns out that...

Eurozone’s trade surplus unexpectedly narrows for the third straight month in July

Sep 15, 2016 11:57 am UTC| Commentary Economy

Eurozones trade surplus unexpectedly narrowed for the third straight month in July another warning sign that economic growth may be easing further after a second-quarter slowdown. The seasonally adjusted trade surplus...