Forex News
US Trade Deficit Widened More than Expected in September, Tempered Support for Real GDP Growth in the Third Quarter
US trade deficit widened in September 2013 to $41.8 billion from a mildly revised $38.7 billion in August (previous $38.8 billion).
Macro viewpoint: A very strong Swedish LFS report
Despite a stagnating economy, the labour market has performed very well over the past year.
Morning FX Market Commentary
Sterling sharply higher versus both euro and dollar Sterling was the winner of the day helped by a strong labour market report,
Economy Watch – Retail Roaring, Rest Assured
At face value, retail spending growth in New Zealand appeared to slow dramatically in the September quarter and go negative in core terms.
Monthly Economic Outlook
If It Seems too Good to Be True, It Probably Is With the partial federal government shutdown behind us, attention is now focused on its impact to overall economic growth.
Bank of England November Inflation Report
The 7% unemployment threshold likely to be reached already in Q3 2015 – one year prior to the August forecast.
Morning FX Market Commentary
Sterling hammered after sharp decline in UK inflation An unexpected drop in UK inflation triggered quite a substantial repositioning in sterling.
RBNZ FSR Affirms Rate Hike Warnings, In Full
We were encouraged by this morning’s Financial Stability Report (FSR). It showed that the Reserve Bank is serious about protecting New Zealand’s financial system and,
Wage Price Index, QIII 2013: Wages growth losing momentum
* The WPI rose by 0.5% in QIII and 2.7% in annual (sa) terms. This result was the fifth consecutive quarterly moderation.
Consumer Sentiment – November 2013
* Consumer sentiment rose by 1.9% in November to be 5.8% higher than a year ago.
Macro viewpoint: Swedish CPI well below Riksbank forecast
CPI fell by 0.2% on the month in October, well below forecasts. The year-on-year figure for CPIF-inflation was as low as 0.6%, a full 0.4% point below the Riksbank’s view.
Morning FX Market Commentary
EUR/USD regaining part of last week’s losses On Monday, the euro regained some ground, both against the dollar and sterling.