Nov 22, 2016 07:19 am UTC| Commentary Economy
Due to concerns regarding Trmpflation risk, foreign investors have reduced their holdings in Indian bonds, offloading new USD 2.06 billion on 11-18 November, noted Scotiabank in a research report. During the same period,...
Italian referendum on constitutional reform likely to weigh on EUR/USD, says ANZ
Nov 22, 2016 07:14 am UTC| Commentary Economy
The Italian referendum on constitutional reforms is expected to have a pressurizing impact on the outlook of EUR/USD, despite an intact uptrend being observed in the greenback. The anticipated US policy mix under...
Nov 22, 2016 06:30 am UTC| Commentary Economy
Net migration in New Zealand rose to record high levels during the month of October, with population growth in the country steering to the fastest rate in 40 years. New Zealands annual net gain in migrants for the year...
U.S. existing home sales likely to drop in October, rising inventories to weigh on prices
Nov 22, 2016 05:43 am UTC| Commentary Economy
Existing home sales in the United States are expected to have dropped during the month of October, with further volatility expected in the upcoming near term however, risk of rising inventories will likely exert pressure...
Canada wholesale sales register surprise decline in September on weak demand for machine tools
Nov 22, 2016 05:07 am UTC| Commentary Economy
Wholesale sales in Canada posted a surprise decline during the month of September, following weakness in demand for machine tools and equipments that disappointed sellers at the start of the fourth quarter. Canadian...
FxWirePro: The Day Ahead- 22nd November, 2016
Nov 22, 2016 04:02 am UTC| Commentary Economy Central Banks
Not many economic dockets scheduled for today and all with low to medium risks associated. Upcoming: Switzerland: Trade balance data for October will be reported at 7:00 GMT. United Kingdom: Public sector...
Moody's: China corporate revenue is stabilizing, leverage to remain elevated
Nov 22, 2016 02:24 am UTC| Research & Analysis Economy
Moodys Investors Service says that continued robust GDP growth in China in 2017 and stabilizing commodity prices will drive modest revenue growth and improve profitability for the Chinese non-financial corporates that it...