Brazil consumer confidence drops in November on concerns over labor market deterioration

Nov 24, 2016 12:41 pm UTC| Commentary Economy

Consumer confidence in Brazil dropped during the month of November, owing to concerns over the countrys deteriorating labor market. Also, the indicator ended a cycle of six consecutive months of increases. Brazils main...

Central Banking Series

FOMC members consider December hike "important to Fed credibility"

Nov 24, 2016 12:25 pm UTC| Insights & Views Economy Central Banks

Minutes of the November Federal Open Market Committees (FOMC) meeting released on Wednesday were largely unexciting from a near-term policy perspective. After the recent Congressional testimony of Chair Yellen and...

Key takeaways from UK autumn statement

Nov 24, 2016 12:16 pm UTC| Commentary Economy

United Kingdoms chancellor of exchequer Phillip Hammond delivered the much-awaited autumn budget statement yesterday. In case you have missed it, here are the key takeaways from the statement, UKs economic growth is...

Political uncertainty amid risks of rating downgrade continues to pressurize ZAR

Nov 24, 2016 11:52 am UTC| Commentary Economy Central Banks

The South African rand is witnessing continuous pressure, following ongoing political uncertainty in the country, coupled with risks of a rating downgrade. Further, the central bank is expected to leave its key rate...

U.K. mortgage approvals rise highest in 5 months, consumer credit at decade-high

Nov 24, 2016 11:05 am UTC| Commentary Economy

Mortgage approvals in the United Kingdom rose to its highest levels in near five months, while the countrys consumer credit hit a decade high during the period of October. The number of mortgages approved for house...

Oil in Global Economy Series

Oil in Global Economy Series: Successful OPEC deal might mean smaller policy accommodation space for central bankers

Nov 24, 2016 10:48 am UTC| Commentary Economy

A successful deal by the members of the OPEC countries, which could see production cut by the majority of the members totaling more than a million barrels per day, unlikely to bear well for the central bankers in advanced...

Spain’s Q3 growth meets market expectations, Bank of Spain expects steady growth

Nov 24, 2016 09:52 am UTC| Commentary Economy

The economic growth of Spain during the third quarter of this year remained cool, rising at the same pace as in the previous quarter, both on an annualized as well as quarterly basis, holding well in line with what markets...