U.K. mortgage approvals post surprise fall in November, lower than market consensus

Dec 28, 2016 10:24 am UTC| Commentary Economy

Mortgage approvals in the United Kingdom posted an unexpected fall during the month of November, remaining lower than what markets had initially anticipated. U.K. mortgage approvals declined for the first time in three...

Spanish retail sales jump in November at fastest pace in three months

Dec 28, 2016 10:06 am UTC| Commentary Economy

Retail sales in Spain jumped during the month of November, at the fastest pace in three months and broadly beating what markets had initially anticipated. Spanish retail sales growth was faster-than-expected pace in...

U.S. pending home sales likely to rise in November, recovery to continue into 2017

Dec 28, 2016 09:27 am UTC| Commentary Economy

Pending home sales in the United States are expected to have risen during the month of November, as consumers showcase positive reaction to the sharp changes in the value of real estate assets. Also, households have...

Japan retail sales post first gain in almost 9 months, widely beat market expectations

Dec 28, 2016 07:09 am UTC| Commentary Economy

Retail sales in Japan rebounded during the month of November, posting the first positive gain during the period and broadly beating what markets had initially anticipated. Retail sales in Japan were up a seasonally...

Japan industrial production jumps to highest in five months, raise hopes of brighter Q4

Dec 28, 2016 06:01 am UTC| Commentary Economy

Industrial production in Japan jumped to its highest level in almost five months during the period of November, raising hopes of green shoots in the last quarter of this year. Broad expansion in the countrys export volumes...

U.S. consumer confidence maintains firm footing in December, likely to push spending in Q4

Dec 28, 2016 05:17 am UTC| Commentary Economy

Consumer confidence in the United States remained upbeat during the month of December, jumping more than what markets had initially anticipated, in a signal that the moderation in the worlds largest economy will continue...

U.S. home prices rise further in October, likely to maintain pace through 2017

Dec 28, 2016 04:53 am UTC| Commentary Economy

Home prices in the United States further rose during the month of October, at levels near to post-financial crisis and are also expected to maintain the pace through the rest of this year and 2017. However, this signaled...