U.S. initial jobless claims fall to near 4-decade low, strengthen case for Dec Fed rate hike

Oct 28, 2016 08:39 am UTC| Commentary Economy

Initial jobless claims in the United States fell to near 4-decade low during the week ended October 22, as employers remain unwilling to part with workers. Also, the data strengthened the case for a December interest rate...

Brazil unemployment rate remains at record low in Sep, likely to rise in coming months

Oct 28, 2016 05:59 am UTC| Commentary Economy

The unemployment rate in Brazil remained at a record low during the month of September, unchanged from the three months through August. Also, it is expected to continue rising in the coming months amid the countrys worst...

U.S. durable goods orders fall to 7-month low in September as weak demand weighs on

Oct 28, 2016 05:25 am UTC| Commentary Economy

Durable goods orders in the United States fell to a 7-month low during the period of September, following weak demand that weighed on business investment. Bookings for non-military capital goods excluding aircraft...

FxWirePro: The Day Ahead- 28th October, 2016

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

Not many economic dockets scheduled for today but some with high volatility risks associated. Data released so far: Australia: HIA new home sales rose by 2.7 percent in October. Producer price index for third...

U.K. consumer confidence slightly falls in Oct on concerns over economic outlook

Oct 28, 2016 04:40 am UTC| Commentary Economy

Consumer confidence in the United Kingdom slightly fell during the month of October, governing concerns over the countrys economic prospects in the future. U.K.s consumer confidence fell by two points in October and...

Upbeat UK Q3 GDP data lowers chances of Bank of England's easing next week

Oct 27, 2016 11:32 am UTC| Insights & Views Economy Central Banks

Data released by the Office for National Statistics on Thursday showed that UK Q3 GDP grew by 0.5 percent, beating forecasts for 0.3 percent growth. Growth was, however, slower than the 0.7 percent recorded in the second...

US Election Series

US Election Series: Trump repatriation - another reason to long dollar

Oct 27, 2016 11:17 am UTC| Commentary Economy

In a previous article, we suggested going long the dollar if Donald Trump wins the Presidency. We believe his winning the White House would begin a period, where the dollar is not supported just by monetary policies but...