UK Q3 GDP shows high resilience post-Brexit, Q4 could see positive surprise

Nov 25, 2016 11:48 am UTC| Insights & Views Economy

The second reading of UK Q3 GDP matched original estimates and came in to show a growth of 0.5 percent during third quarter of 2016. It was the fifteenth consecutive quarter of positive growth since Q1 2013. On an...

Italy retail sales deteriorate in September on lower spending, uncertainty persists over referendum

Nov 25, 2016 11:17 am UTC| Commentary Economy

Retail sales in Italy deteriorated during the month of September, following lower consumer spending as uncertainty still persists over the outcome of the Italian constitutional referendum to be held on December 14. The...

Central Banking Series

ECB worried over Trump volatility

Nov 25, 2016 11:11 am UTC| Commentary Economy Central Banks

The volatility surge and the selloffs in the bond market post-Donald Trumps victory in the United States that pushed that yield gap between a German 2-year bond and a French 2-year bond to the highest level in 24 months...

Central Banking Series

Nerves rattle at Riskbank amid inflationary threat

Nov 25, 2016 10:03 am UTC| Commentary Central Banks Economy

As the bond selloffs showed its ugly head amid looming inflationary threat, it seems that nerves of central bankers are rattling all around the globe. In October Swedens Riskbank kept the rates at -0.5 percent but...

Briferendum Aftermath Series

The weaker pound is a mixed bag for UK PLC as rivals move to adapt

Nov 25, 2016 09:57 am UTC| Insights & Views Economy

The value of the pound plummeted after the Brexit referendum. From close to US$1.50 before the vote to leave the European Union, sterling has now found a new level close to US$1.20. This has been greeted as a welcome boost...

India’s cash crunch situation to deter GDP growth, informal sector likely to be worst hit

Nov 25, 2016 09:16 am UTC| Commentary Economy Insights & Views

The cash crunch situation, owing to the recently announced demonetization scheme, is throttling the Indian economy and is likely to have a downside impact on the countrys gross domestic product (GDP in the last quarter of...

Singapore industrial production rises for 3rd straight month in October, albeit at a slower pace

Nov 25, 2016 07:14 am UTC| Commentary Economy

Industrial production in Singapore rose for the third straight month during the period of October, although at a much slower pace, compared to a year-ago period. However, it remained above what markets had initially...