BNP sees Abe's chances of winning the election as the biggest

An early election is due to be held as Japan's Prime Minister Shinzo Abe announced on October 22, and BNP sees the chances of the ruling Liberal Democratic Party to achieve a comfortable win to remain in power.

Read More

Goldman Sachs Outlook for US Jobs report

Goldman Sachs expects that the economy to add 50,000 jobs in September, unemployment to 4.5%, while average hourly earnings is expected to rise by 0.4% on a monthly basis and 2.7% year over year.

Read More

Lagarde: we support policies of BOJ & ECB

Here are the main points of IMF President Christine Lagarde:

• The IMF supports the monetary policy of both the ECB and the Bank of Japan.

Read More

Russia continues to work with Saudi Arabia on the production reduction agreement

Russian Foreign Minister Sergei Lavrov said that Moscow would like to continue working with Riyadh on the implementation of the agreement to reduce the world oil production. The remarks came ahead of King Salman's visit to Russia, where the Russian foreign minister praised the cooperation between the two countries in helping to reach an agreement between OPEC and non-OPEC oil producers to cut production until the end of March 2018.

Read More

What's new about the New Zealand elections so far?

Nearly a week after the announcement of the results of New Zealand's parliamentary elections, it seems that it will now start talks on forming a new government this week. The results showed that the ruling National Party, which formed the previous government, had 58 seats, and Labour Alliance with Greens won 52 seats and New Zealand first party won 9 seats.

Read More

Hammond: The uncertainty of Brexit is one of the challenges for the British economy

Philip Hammond, the British finance minister, said:

• Businesses want to know that there will be a smooth path of Brexit.
• Any kind of uncertainty will have a bad impact on business confidence.
• The sooner we clarify the process of Brexit, the quicker the economy will start to grow again.

Read More

Poloz: we will proceed cautiously on rates

Stephen Poloz, governor of the Bank of Canada, made the following statement:

• There is no predetermined path of interest rates, here we depend on economic data.
• Monetary stimulus in 2015 is no longer needed.
• We will watch developments in financial markets, including long-term interest rate movements and the exchange rate

Read More

US crude inventories decreased during the previous week

US crude oil inventories for the week ended September 22 fell by 1.8 million barrels, in contrast to expectations of an increase of 2.9 million barrels after rising by 4.6 million barrels in the previous week.

Read More