With mortgage applications heading south to their lowest value since late-2014, the American home lending sector is currently experiencing a key overhaul in how it’s getting on and also manages staffing levels…
Hong Kong's economy is on track to report firm third-quarter surge
Hong Kong's economy is supposed to have clocked firm surge in the third quarter, underpinned by ascending retail sales, a leap in tourists from mainland China as well as sturdy global trade.
The ex-UK colony has demonstrated brighter economic data for the last few months because buoyant stock as well as property markets helped to spur consumer spending, assisting the government to lift its full-year surge outlook to about 3-4%.
The city’s economy is supposed to have grown 3.5% during the third quarter from 2016, versus 3.8% in the previous quarter, according to the median estimate of five experts polled by Reuters.
One expert with a quarter-on-quarter estimate actually expects the city’s economy to have ascended a seasonally-adjusted 0.6% during the third quarter versus 1% surge in the April-June quarter.
In general, Asian economies highly dependent on trade have managed to derive huge benefits in 2017 from an improvement in demand worldwide.
Canada will release CPI and Core Retail Sales data on October 19 at 15:30 MT time. Both indicators are highly important. As a result, they will affect the Canadian market a lot.
The "no-deal" Brexit has never been so close! In other news: the AUD is rising, comments from BOJ Governor Mr. Kuroda and more
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…