Euro area trade surplus narrows in May, weakness in net trade to extend into H2

Jul 16, 2018 20:10 pm UTC| Commentary

The euro area economic growth had accelerated last year mainly due to the strength of net exports, which of all expenditure components contributed the most to growth, adding on average 0.3 percentage points in each quarter...

U.S. business inventories rise slightly in May, likely to contribute modestly to Q2 GDP growth

Jul 16, 2018 19:06 pm UTC| Commentary

U.S. business inventories came in line with expectations in May. Business inventories rose 0.4 percent in May with higher stockpiles in every category, especially merchant wholesales, which rose 0.6 percent. The brisk rate...

U.S. business inventories rise slightly in May, likely to contribute modestly to Q2 GDP growth

Jul 16, 2018 19:06 pm UTC| Commentary

U.S. business inventories came in line with expectations in May. Business inventories rose 0.4 percent in May with higher stockpiles in every category, especially merchant wholesales, which rose 0.6 percent. The brisk rate...

Canadian existing home sales rise for second straight month in June

Jul 16, 2018 18:10 pm UTC| Commentary

Canadian existing home sales rise for the second straight month. Sales were up 4.1 percent in June, after an upwardly revised May print to a rise of 0.6 percent. The rise in sales was widespread. Over 60 percent of local...

Canadian existing home sales rise for second straight month in June

Jul 16, 2018 18:10 pm UTC| Commentary

Canadian existing home sales rise for the second straight month. Sales were up 4.1 percent in June, after an upwardly revised May print to a rise of 0.6 percent. The rise in sales was widespread. Over 60 percent of local...

National Bank of Hungary likely to stand pat in July

Jul 16, 2018 17:08 pm UTC| Commentary

The Hungarian central bank is set to meet this month for its policy decision. Given the NBHs previous statements, the figure rather affirms that the central bank will stand pat in July too, stated KBC Market Research in a...

Brazilian economic growth likely to lose momentum - Scotiabank

Jul 16, 2018 16:09 pm UTC| Commentary

The most recent print of Brazils monthly economic activity is still solid, but some indicators are beginning to flash warning signs, such as Aprils retail sales that came in weak, and consensus for the year is at +2.7...