Economic Data

Sensex: Sensex Week Ahead: RBI policy, IPOs, macro data to steer market

With the ‘feel good’ factor evaporated and the market finally coming to terms with macro-economic reality, the ongoing correction in the domestic equities is likely to sustain. With a sharp U-turn, the stock market has been a perfect epitome of the saying, ‘change is the only constant’. From being the apple of the eye of investors, especially FIIs, domestic stocks ...

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Can The US Dollar Get Its Groove Back? – Forbes

Forbes Can The US Dollar Get Its Groove Back?ForbesSince the start of the year, the U.S. dollar has been in a firm downtrend as the “Trump Trade” euphoria about dies down and hard economic data has remained lackluster. The “bearish dollar/bullish commodities and emerging markets mentality” has become …

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Despite some softness, regional economy continued to grow in second quarter

Following an extraordinarily strong first quarter, the region’s economic numbers softened somewhat in the second quarter of 2017 but continued to grow steadily, a trend Armstrong State University economist Michael Toma predicts will continue beyond the New Year. “Although we can expect a bump or two in the third quarter due to the effects of Hurricane Irma, sustained economic expansion ...

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Upbeat economic figures to bolster case for rate rise

By Neil Craven for The Mail on Sunday Published: 17:01 EDT, 30 September 2017 | Updated: 17:01 EDT, 30 September 2017 Economic data expected this week is likely to build the case for an interest rate rise as soon as November. Bank of England Governor Mark Carney said on Friday he expected rates to rise in ‘the relatively near term’ ...

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Consumer Spending Miss Weighs on U.S. Dollar

The U.S. Dollar closed lower against a basket of weighted-currencies on Friday, but was still able to hold on to a one week rise of 1 percent while helping to post its first monthly gain since February. Despite the slight setback, the Greenback continued to be supported by a rise in expectations for inflation and U.S. interest rate hikes. The ...

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Dollar on track for largest weekly rise of 2017

NEW YORK – The dollar was little changed against a basket of major currencies on Friday after conflicting U.S. economic data, leaving it on course for its largest weekly rise in 2017 amid a rise in expectations for inflation and U.S. interest rate hikes. The one-week rise of just under 1 percent helped the greenback post its first monthly ...

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Hong Kong stocks post first monthly loss this year – Business Recorder (press release) (registration) (blog)

Hong Kong stocks post first monthly loss this yearBusiness Recorder (press release) (registration) (blog)HONG KONG: Hong Kong stocks ended higher on Friday, but the benchmark index posted its first monthly loss this year, an indication the market’s upward momentum may be slowing amid worries over US monetary tightening and a China economic … and more »

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CANADA FX DEBT-C$ weakens as prospects dim on rate hike

* Canadian dollar at C$1.2478, or 80.14 U.S. cents * Data shows no growth in Canada's July GDP * Bond prices higher across the yield curve * Canada-U.S. 2-year spread narrows by 6 basis points By Solarina Ho and Fergal Smith TORONTO, Sept 29 (Reuters) - The Canadian dollar weakened against the greenback on Friday after domestic data showed the ...

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Canadian dollar weakens as prospects dim on rate hike | Top News

TORONTO (Reuters) – The Canadian dollar weakened against the greenback on Friday after domestic data showed the economy stalled in July, further dampening prospects of a another interest rate hike by the Bank of Canada next month. Speculators have raised bullish bets on the loonie to the highest since November 2012, data from the U.S. Commodity Futures Trading Commission and ...

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Consumer Companies Up After Mixed Economic Data — Consumer Roundup

Shares of retailers and other consumer-services companies rose after mixed economic data. Personal-consumption expenditures, a broad measure of household outlays on everything from groceries to doctor visits, rose a seasonally adjusted 0.1% in August from a month earlier. German auto maker Volkswagen warned its third-quarter operating result would take a hit of around $2.94 billion as it continues to grapple ...

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