Australian economic growth recovers strongly in Q3 2020
Dec 02, 2020 12:34 pm UTC| Commentary
The economic growth in Australia recovered strongly in the third quarter of this year. On a quarter-on-quarter basis, the economy grew 3.3 percent, following the contraction of 7 percent recorded in the second quarter. The...
Swedish economic sentiment indicator rises in November
Nov 26, 2020 12:59 pm UTC| Commentary
Swedish Economic Sentiment Indicator rose in the month of November, suggesting resilience. The indicator rose to 97.5 from 96. The consumer sentiment fell to 88.4 from 90, as was anticipated. For business sectors,...
U.S. Q3 economic growth unrevised in second estimate
Nov 25, 2020 17:16 pm UTC| Commentary
The U.S. economic growth recovered in the third quarter, as shown in the second estimate of GDP. The second estimate was kept unrevised at 33.1 percent quarter-on-quarter. Delving into details, some upward and downward...
Swiss franc likely to gradually depreciate against euro in coming months
Nov 25, 2020 14:21 pm UTC| Commentary
The Swiss franc has seen pressure against the euro after the positive news regarding the first promising COVID-19 vaccines, even though the uncertainty continues to be high, due to high infection rates in the euro...
Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December
Nov 25, 2020 13:05 pm UTC| Commentary Economy
Taiwanese MIB and M2 money supply continued to record solid growth in the month of October. On a year-on-year basis, MIB money supply grew 12.85 percent, while M2 money supply rose 7.05 percent in the month. This is the...
Malaysian headline inflation falls further in October, likely to remain negative in 2020
Nov 25, 2020 12:11 pm UTC| Commentary
Malaysias headline inflation dropped further into negative territory in the month of October. On a year-on-year basis, the consumer price inflation came in at -1.5 percent, as compared with Septembers -1.4 percent. Renewed...
Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November
Nov 24, 2020 14:08 pm UTC| Commentary
The Bank of Korea is set to meet this week for its policy rate decision. According to a Scotiabank research report, the South Korean central bank is likely to keep its policy rate on hold at 0.50 percent this week. The CPI...
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