UK’s consumer credit hits 10-year high before economies adjust to the Brexit turbulence

Jun 29, 2016 12:13 pm UTC| Commentary Economy

Consumer borrowing grew at the fastest pace in 10 years in the United Kingdom before the world adjusts itself to the upcoming storm that Brexit has created, in a referendum election last week. Consumer lending expanded...

Norway records strong growth in retail sales and household goods consumption in May

Jun 29, 2016 12:11 pm UTC| Commentary Economy

Norways seasonally-adjusted volume index of retail sales grew 1.7 percent on sequential basis, following a growth of 0.1 percent in April, according to Statistics Norway. Expectations were for retail sales to grow by 0.5...

Briferendum Aftermath Series

FX Hedging Strategy Series

Investment banks have higher concerns over post-Brexit formalities and over more drivers to hedge FX exposures

Jun 29, 2016 11:55 am UTC| Insights & Views Economy

The leading investment banks have many reasons to worry ahead of 2017 and 2018 fiscal years, thats when the U.K. could complete its retreat from the European Union formalities, potentially revealing the full scope of...

Chile’s jobless rate likely to have increased in May

Jun 29, 2016 10:53 am UTC| Commentary Economy

The Chilean economy is expanding below its reduced trend rate of lower than three percent from more than four percent a few years ago. Jobless rate in the country is likely to have increased slightly in May. The labor...

Philippines sees budget surplus in April on increase in income tax collection

Jun 29, 2016 10:14 am UTC| Commentary Economy

Philippines witnessed a budget surplus in the month of April, following strict deadlines that marked payment of income taxes. Under the Aquino administration, government revenues rose at the fastest pace in 11 months,...

Japan’s industrial production growth likely to have weakened in May

Jun 29, 2016 07:48 am UTC| Commentary Economy

Japans industrial production is likely to have grown weakly in May after posting a subdued growth in April. According to a Societe Generale research report, industrial output is expected to have increased 0.3 percent in...

French, Italian flash HICP inflation likely to have accelerated in June

Jun 29, 2016 07:13 am UTC| Commentary Economy

Frances CPI as well as HICP inflation are likely to have accelerated slightly in June. The flash HICP inflation is anticipated to have accelerated to 0.3 percent year-on-year, whereas the CPI inflation is likely to have...