Australian employment jumps in November, higher participation rate signals healthy labor market

Dec 15, 2016 05:10 am UTC| Commentary Economy

Employment in Australia jumped during the month of November, following higher rate of participation that signalled a healthy labor market. Australias level of employment jumped 39,100 from October, more than double...

Eurozone industrial production drops for second straight month in October, worse than expectations

Dec 14, 2016 12:22 pm UTC| Commentary Economy

Industrial production in Eurozone dropped for the second straight month in October, against market expectations of a positive reading. Also, fall in production of non-durable consumer goods deepened the cause. Eurozones...

Sweden 1-2 year inflation expectations continue to rise, reduce likelihood of Riksbank rate cut

Dec 14, 2016 12:21 pm UTC| Insights & Views Economy Central Banks

According to Prosperas quarterly survey, the Riksbanks much watched Sweden inflation expectations for the five-year horizon came in at 1.95 percent in December, down from the 2.00 percent in September. Inflation...

US November retail sales preview

Dec 14, 2016 11:48 am UTC| Commentary Economy

U.S. retail sales statistics for November will be released at 13:30 GMT, today. Why retail sales and U.S. consumers are important? Domestic consumption of goods contributes about 25% of GDP or around $ 4.3...

China’s new yuan loans exceed market expectations, mortgage lending remains key driver

Dec 14, 2016 10:39 am UTC| Commentary Economy

New yuan loans in China surged during the month of November, heavily beating market expectations, with mortgage lending being the key driver. Long-term household loans totalled CNY569.2 billion, accounting for 72...

China inflation unlikely to pick up significantly following timid pickup in consumer demand

Dec 14, 2016 10:17 am UTC| Economy Commentary

Consumer prices in China are expected to not pick up significantly in the near term, weighed down by little improvement in consumer demand. The sequential growth also indicates that underlying inflation pressure remains...

India’s note-ban, GST reforms likely to be beneficial in the long-run, says S&P Global Ratings

Dec 14, 2016 09:32 am UTC| Economy Commentary

Indias corporates and banks are likely to face short-term downside risk as a demonetization-related cash crunch curbs the countrys GDP growth, according to SP Global Ratings. The ratings agency recently revised down its...