Fundamental Analysis

Mon, 21 Sep 2015 05:58:03 GMT

Canada's annual inflation remains unchanged in August as lower gasoline offset higher cost of food

Canada's annual inflation remained unchanged in August as lower gasoline prices offset the higher cost of food, suggesting the Bank of England has room to keep interest rates low.

Mon, 21 Sep 2015 05:47:04 GMT

Tsipras declares unexpectedly decisive victory

A month after he resigned from the post of prime minister, Greek leftist Alexis Tsipras declared an unexpectedly decisive victory in Greece's snap elections.

Mon, 21 Sep 2015 05:36:13 GMT

Key highlights of the week ended September 18

USThe Fed maintained interest rates unchanged at its crucial September meeting in light of worries about the global economy, financial markets turbulence and tepid domestic inflation. Yet, the US central bank left the door open for a modest policy tightening later this year. Even though the Fed's post-meeting statement said Jeffrey Lacker, the hawkish President of the Federal Reserve Bank of Richmond, insisted

Fri, 18 Sep 2015 06:29:13 GMT

SNB keeps rates on hold, ready to intervene as Franc is remains overvalued

The Swiss National Bank maintained interest rates at record lows and said the recent depreciation of the Franc did not altered its decision to intervene in currency markets if needed.

Fri, 18 Sep 2015 06:11:03 GMT

Japan's trade deficit extends amid slower export growth, S&P's downgrades Japan's rating

Japan's trade deficit narrowed in August from the year before as costs for crude oil imports dropped and exports to the US showed steady growth.

Fri, 18 Sep 2015 06:00:05 GMT

UK retail sales rise in August amid higher clothing sales

British retail sales, which account for 5.6% of the UK economy, rose in August, driven by sales of clothing, the Office for National Statistics reported.

Fri, 18 Sep 2015 05:49:03 GMT

RBA Governor remains optimistic on Australian economy

Reserve Bank of Australia Governor Glenn Stevens delivered another optimistic assessment of the Australian economy, highlighting it could weather a serious China's slowdown.

Fri, 18 Sep 2015 05:38:03 GMT

Fed leaves rates unchanged

The Fed maintained interest rates unchanged at its crucial September meeting in light of worries about the global economy, financial markets turbulence and tepid domestic inflation.

Thu, 17 Sep 2015 06:16:10 GMT

New Zealand's economy continues to grow in Q2 amid strong services and agriculture

New Zealand economy continued to grow in the second quarter, supported by a robust performance of the services sector and a recovery in the agricultural activity.

Thu, 17 Sep 2015 06:05:03 GMT

Canada's manufacturing sales increase 1.7% in July, driven by motor vehicle sales

Canada's manufacturing sales rose for the third straight month in July, supported by increased sales in the motor vehicle parts and assembly industries.

Thu, 17 Sep 2015 05:54:07 GMT

UK unemployment rate slips while wages rise

Contrary to expectations, British unemployment rate suddenly fell, while wages rose at their fastest pace in more than six years.

Thu, 17 Sep 2015 05:43:05 GMT

US inflation drops in August amid cheaper gasoline

Consumer prices in the US declined in August as cheaper gasoline kept inflation below the targeted level of the Fed.

Thu, 17 Sep 2015 05:30:06 GMT

Euro zone inflation unexpectedly falls in August

The Euro zone inflation unexpectedly eased in August, reinforcing the view the European Central Bank will expand its bond-buying programme to deal with economic risks associated with weak prices.

Wed, 16 Sep 2015 06:05:04 GMT

New Zealand's current account balance turns to deficit, dairy prices surge

New Zealand's current account balance returned back to deficit in the second quarter as exports of forestry and meat declined, while imports of petroleum rose.

Wed, 16 Sep 2015 05:54:04 GMT

BoJ leaves monetary policy stance unchanged

The Bank of Japan refrained from boosting stimulus, as the policy board decided by an 8-1 majority vote to leave its monetary policy unchanged.

Wed, 16 Sep 2015 05:41:03 GMT

UK inflation slips back to 0% in August amid falls in fuel and clothing prices

The UK annual rate of inflation returned to zero in August after a positive reading in July, driven by falls in fuel and clothing prices.

Wed, 16 Sep 2015 05:30:07 GMT

US retail sales climb 0.2% in August, being in green territory for six months in a row

US consumer spending rose in August at a healthy pace, suggesting a strong domestic demand that could prompt Fed policy makers to raise interest rates on Thursday.

Wed, 16 Sep 2015 05:19:05 GMT

German sentiment dampens, Euroland's employment recovers in Q2

Economic sentiment in Europe's powerhouse continued to deteriorate in September amid concerns over slowing demand in emerging economies, which dampens the economic outlook for Germany's export-oriented economy.

Tue, 15 Sep 2015 06:21:03 GMT

Japan industrial production declines revised 0.8% in July

Industrial output in Japan fell more than initially estimated in July, while the tertiary industry activity index, which tracks the change in the total value of services purchased by businesses, showed a slight growth over the same period.

Tue, 15 Sep 2015 06:10:03 GMT

Swiss PPI drops most since 1950 in August, retail sales contracts

In Switzerland, deflationary pressures remained an acute threat in August, as the gauge of producer and import prices in the reported month declined at the fastest pace in more than six decades, while retail sales figure also posted a negative growth.

Tue, 15 Sep 2015 05:59:03 GMT

RBA sees no need for further monetary policy easing; China slowdown raises, market rout raise risks

Minutes of the Reserve Bank of Australia's meeting showed there is no need to ease monetary policy further, as the weaker Australian Dollar and previous rate cuts continue to support the economy.

Tue, 15 Sep 2015 05:48:04 GMT

Euro zone industrial production rises for first time in 3 months

Industrial output in the Euro area increased at its fastest pace since February, rising 0.6% in July, well ahead of market expectations of a 0.3% increase, suggesting that a positive contribution to growth is likely in the third quarter.

Mon, 14 Sep 2015 06:36:05 GMT

Fears over China's economic slowdown mounts

Factory production and fixed-asset investment in China were both weaker than expected, underscoring the growing challenge for the government in reaching its full year growth goal of around 7%.

Mon, 14 Sep 2015 06:25:05 GMT

UK construction output back in contraction; Forbes urges rate hike

British construction output unexpectedly fell in July, reversing a bounce in the previous month.

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