USA Gross Domestic Product Annualized
National Income and Product Accounts Gross Domestic Product: First Quarter 2017 (Second Estimate) Corporate Profits: First Quarter 2017 (Preliminary Estimate) Real gross domestic product (GDP) increased at an annual rate of 1.2 percent in the first quarter of 2017 (table 1), according to the "second" estimate released by the Bureau of Economic Anal...
Weekly Trading Forecast: Potent Event Risk Portends Volatility
Financial markets face a steady stream of heavy duty scheduled event risk that is likely to make for ample volatility across the asset spectrum in the week ahead. US Dollar Forecast: US Dollar Faces Trial By Fire as Top Tier Data Hits the Wires The US Dollar faces a challenging week ahead as a steady stream of top-tier economic data and lingering p...
Pound in Free Fall on Election Jitters
The free fall in the Pound is seen as a result of heightened uncertainty over the election in June. Latest YouGov poll published late on Thursday showed that 43% voters plan to vote for Prime Minister Theresa May's Conservative Party. That compares to the support for Labour Party at 38%. That is, just a mere 5% lead. Back in April when May announce...
Malta's producer prices decreased for the seventh consecutive month in April, figures from the National Statistics Office showed Thursday. The producer price index fell 1.8 percent year-over-year in April, faster than the 0.89 percent drop in March. This was mainly to a decline of 3.56 percent in intermediate goods and 0.94 percent in consumer good
Bulgaria's money supply growth moderated in April, figures from the Bulgarian National Bank showed Thursday. M3, the broad measure of money supply, climbed 7.6 percent year-over-year in April, slower than the 8.5 percent spike in March. Similarly, the annual growth in the narrow measure, M1, eased to 16.0 percent in April from 17.7 percent in the p
South Africa's producer price inflation eased at a faster-than-expected pace in April to the lowest level in almost one-and-a-half years, figures from Statistics South Africa showed Thursday. Producer prices for manufactured goods climbed 4.6 percent year-over-year in April, slower than the 5.2 percent rise in March. Economists had expected the inf
Italy's industrial orders decreased in March after rebounding in the previous month, data from the statistical office Istat showed Thursday. Industrial orders fell a seasonally adjusted 4.2 percent month-over-month in March, reversing a 5.2 percent rise in February. Export orders dropped sharply by 8.3 percent over the month and domestic demand sli
Hong Kong's foreign trade deficit increased in April from a year ago, as imports grew faster than exports, figures from the Census and Statistics Department showed Thursday. The trade deficit rose to HK$34.1 billion in April from HK$31.02 billion in the corresponding month last year. However, it was lower than the shortfall of HK$42.3 billion in Ma
Poland's unemployment rate decreased for the third straight month in April, in line with expectations, figures from the Central Statistical Office showed Thursday. The registered jobless rate fell to 7.7 percent in April from 8.1 percent in March. The figures also matched consensus estimated. In the corresponding month last year, the unemployment r
Joint media release with the Bank of Korea, the Hong Kong Monetary Authority, the
Monetary Authority of Singapore and the Reserve Bank of India
The Bank of Korea (BOK), the Hong Kong Monetary Authority (HKMA), the Monetary Authority
of Singapore (MAS), the Reserve Bank of Australia (RBA) and the Reserve Bank of India
We expect firms, Senior Managers, certified individuals and other relevant persons to take responsibility for and be able to demonstrate their own adherence with standards of market conduct. Our supervision of the SMCR rules supports this. Firms have already begun work to ensure their FX businesses satisfy the principles of the FX Global Code. Firm
Quarterly national accounts from the UK is due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's final GDP data is due. The statistical office is expected to confirm 0.8 percent sequential growth in the first quarter. At 4.00 am ET, Poland's unemployment figures are due. Economists forecast the jobless rate
New Zealand Finance Minister Steven Joyce unveiled the 2017 budget in the election year, giving priority to family income and investment. In his first budget speech on Thursday, Joyce said the fiscal position continues to improve. The budget is set to log a NZ$1.6 billion surplus this year and NZ$2.9 billion surplus in the year to June 2018, he sai