Australia’s total private credit returns to moderate growth in July

Aug 31, 2016 06:33 am UTC| Commentary Economy

A soft rebound in Australias business sector resulted in total private credit to return to moderate growth in July. In recent months, deceleration has been recorded in Australias business sector. Business credit in the...

New Zealand’s business sentiment remains stable in August

Aug 31, 2016 06:13 am UTC| Commentary Economy

Business sentiment in New Zealand was quite stable in August. It was little changed in the month from July as farmers were less gloomy. According to the ANZ report, the net number of businesses positive towards outlook in...

U.S. consumer confidence improves significantly in August, spending growth likely to be strong in Q3

Aug 31, 2016 04:52 am UTC| Commentary Economy

The U.S. consumer confidence index of Conference Board recovered considerably in August. The levels show that consumers in the country anticipate the economy to remain strong in the second half of 2016. The Conference...

FxWirePro: The Day Ahead- 31st August, 2016

Aug 31, 2016 03:35 am UTC| Commentary Economy

Lots of economic dockets and events are scheduled for today but all with low to medium volatility risks associated. Data released so far: Australia: Private sector credit rose by 6 percent y/y in June. New...

Chart of the Day Series

Chart of the Day: Indebted world

Aug 30, 2016 17:02 pm UTC| Commentary Economy

According to data from the Bank of International Settlements, International Monetary Fund, compiled by McKinsey Global Institute as shared in the chart, the global debt has grown more than ever, faster than ever, despite...

Economic and business confidence in the Eurozone tumble abruptly in August

Aug 30, 2016 15:44 pm UTC| Commentary Economy

Data released by the European Commission earlier on Tuesday showed that economic sentiment in the Eurozone edged lower in August. The Economic Sentiment Indicator for the month fell marginally to 103.5 from the July figure...

UK inflation expectations hit highest level in more than two years

Aug 30, 2016 14:19 pm UTC| Commentary Economy

Inflation expectations in the UK have hit the highest point since 2014, now the worry is will the actual inflation follow or will it just remain subdued as it did since 2014. The market as of now pricing that there would...