The weakness in Japan's consumer spending is unlikely to last as household incomes are growing at a healthy pace and consumers remain unusually upbeat, Marcel Thieliant, an economist at Capital Economics, said. more...
Inflation in Australia was up 0.6 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Wednesday. more...
The unemployment rate in Australia was a seasonally adjusted 5.5 percent in September, the Australian Bureau of Statistics said on Thursday. more...
China's gross domestic product expanded 1.7 percent on quarter in the third quarter of 2017, the National Bureau of Statistics said on Thursday. more...
Trading the News: U.K. Employment Change In light of the market reaction to the U.K. Consumer Price Index (CPI), another batch of lackluster data prints may continue to rattle the near-term rebound in GBP/USD as it saps bets for higher interest rates. Even though BoE Governor Mark Carney warns the central bank will deliver a rate-hike over the ‘coming months,’ the majority of the Monetary Policy Committee (MPC) may largely endorse a wait-and-see ...
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