FxWirePro: The Day Ahead- 27th July 2016
Jul 27, 2016 04:32 am UTC| Commentary Economy
Lot of economic dockets scheduled for today but all with low to medium risks associated. Data released so far: Australia: Consumer price index rose 1 percent y/y in second quarter. RBA trimmed mean CPI rose 1.7...
Indian reforms remain incremental, not glamorous after 2 years, says Commerzbank
Jul 26, 2016 12:45 pm UTC| Commentary Economy
Reforms in the Indian society have remained incremental in nature, rather than being glamorous after a period of two years, surpassed by the Modi government in power. Modi has not been the radical liberalizer the markets...
UK mortgage approvals fell ahead of Brexit vote, likely to have fallen in the recent weeks
Jul 26, 2016 12:05 pm UTC| Insights & Views Economy
The British Bankers Association (BBA) data released earlier today showed that British banks approved the fewest mortgages for house purchase since March 2015 in June. The number of mortgages approved by British banks last...
Sweden’s producer prices rise in June; imported inflation likely to remain low in future
Jul 26, 2016 10:08 am UTC| Commentary Economy
Swedens producer prices, on a sequential basis rose 1.5 percent in June. The gains in producer prices were driven by a weaker SEK and increased energy prices. Moreover, prices rose 2.2 percent on the export marked and 1.7...
South Korean GDP unexpectedly expands at stronger pace in Q2; growth momentum unlikely to continue
Jul 26, 2016 06:58 am UTC| Commentary Economy
The South Korean economy expanded surprisingly at a stronger pace in the second quarter of 2016, growing 3.2 percent year-on-year. Stronger capital investment and domestic consumption mainly drove the robust economic...
New Zealand’s June trade surplus trails expectations
Jul 26, 2016 05:41 am UTC| Commentary Economy
New Zealand recorded a trade surplus of NZD 127 million in the month of June. It missed the market projections of NZD 150 million. On an annual basis, the trade deficit narrowed to NZD 3.3 billion from Mays NZD 3.6...
FxWirePro: The Day Ahead- 26th July 2016
Jul 26, 2016 02:44 am UTC| Commentary Economy
Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Upcoming: United Kingdom: BBA mortgage approvals will be released at 8:30 GMT. United States: Redbook...