Denmark’s current account surplus revised upwardly, may decrease slightly in coming years

Oct 11, 2016 06:31 am UTC| Commentary Economy

Denmarks current account surplus has been upwardly revised for 2015 by DKK 46.2 billion, equivalent to a 33 percent rise. This comes to a surplus of around 9.25 percent of the GDP. For the January to July period of this...

India industrial production declines in August on weakness in manufacturing sector

Oct 11, 2016 06:12 am UTC| Commentary Economy

Industrial production in India declined during the month of August, tracking weakness in the countrys manufacturing sector. Moreover, production trends yet so far this fiscal year have disappointed, pointing to an extended...

Indonesia foreign reserves surge to 4-year high in September

Oct 11, 2016 05:41 am UTC| Commentary Economy

Foreign reserves in Indonesia surged to more than a four-year high during the month of September s having risen by close to USD10 billion. This is equal to about 80 percent of total foreign inflows recorded in equities and...

Japan current account surplus widens in August, likely to reach 4 pct of GDP this year

Oct 11, 2016 05:09 am UTC| Commentary Economy

The current account surplus of Japan impressively widened during the month of August, largely reflecting a pickup in merchandise trade. Also, an improvement in the trade balance on lower import prices inflated the overall...

Australia weekly consumer confidence edges lower on subdued economic outlook

Oct 11, 2016 04:44 am UTC| Commentary Economy

Consumer confidence in Australia edged lower during the week ended October 10, largely driven by a fall in the consumers views of the 12 month economic outlook. Even so, consumers remain relatively upbeat about the...

Swiss jobless rate remains unchanged in Sep; SNB likely to maintain weaker currency over medium term

Oct 11, 2016 04:30 am UTC| Commentary Economy Central Banks

The unemployment rate in Switzerland remained unchanged during the month of September, although there was a small increase in the unadjusted total number of unemployed on the month. Moreover, latest data will tend to...

Recovery in Mexican peso likely to remain weak in the near term

Oct 11, 2016 04:13 am UTC| Commentary Economy

The Mexican peso has not only weakened markedly through the important USD/MXN 19.00 level last week but is now closer to the uncharted 20.00 level. We see further MXN softening as the Trump factor will remain a key driver...