Chile’s trade balance likely shrunk again in June for fall in exports

Jul 06, 2016 10:53 am UTC| Commentary Economy

Chiles exports and imports are likely to have dropped again in June on a year-on-year basis. According to a Societe General research report, Chiles June trade balance is expected to have lowered to $240 million from June...

German retail PMI eases in June as sales drop on missing target deadline

Jul 06, 2016 10:36 am UTC| Commentary Economy

Germanys retail sector Purchasing Managers Index (PMI) eased in June, signaling a weak pace of expansion.However, a whiff of positivity was injected bythe European Football Championship and the accompanyingpromotional...

French retail sales in June grow rapidly for second straight month

Jul 06, 2016 10:10 am UTC| Commentary Economy

French retailers have hinted at growth in sales in June. But on an annual basis, sales declined and were unsuccessful in meeting the plans set previously. The seasonally adjusted headline Retail PMI rose to 51 in June from...

German construction output stagnates in June; growth likely to slow ahead

Jul 06, 2016 09:50 am UTC| Commentary Economy

Germanys construction output has almost stagnated in June, based on the PMI data. The seasonally adjusted Purchasing Managers Index dropped to 50.4 in June from Mays 52.7. This hints at an additional slowdown in the pace...

Mexico’s inflation likely to have stayed at 2.6 pct in June; expected to accelerate in H2

Jul 06, 2016 09:46 am UTC| Commentary Economy

Mexicos inflation is expected to have remained unchanged in June from Mays level. The nations headline inflation is expected to have remained at 2.6 percent year-on-year in spite of bi-weekly inflation accelerating to 2.65...

Spain’s industrial production plunges in May, below market expectations

Jul 06, 2016 09:27 am UTC| Commentary Economy

Industrial production in Spain plunged during the month of May, remaining well below market expectations, as a drop in the production of capital goods and non-durable consumer goods weighed on overall output. Production...

Fed’s Williams signals rate hike in 2016, dismisses further Brexit risk

Jul 06, 2016 09:08 am UTC| Commentary Economy Central Banks

The Federal Reserve Bank of San Francisco President John Williams, during a telephonic interview, signaled a rate hike this year, dismissing any further risks that might emanatefrom Britains likely exit from the European...