South Korean economy likely to grow 2.75 pct year-on-year in 2018-2019 - Scotiabank

Jul 13, 2018 20:35 pm UTC| Commentary

South Koreas economy continues to perform well due to strong domestic demand consumer spending, public spending and fixed investment. While consumer sentiment continues to be reasonably strong, recent business sentiment...

EUR/CHF likely to appreciate to 1.21 by end-2019 – Lloyds Bank

Jul 13, 2018 20:03 pm UTC| Commentary

At the end of May, the euro had reached a twelve-month low against the Swiss franc, falling below 1.14. Since then, the EUR/CHF pair has consolidated in its medium-term range. Domestically, the Swiss economy continues to...

EUR/CHF likely to appreciate to 1.21 by end-2019 – Lloyds Bank

Jul 13, 2018 20:03 pm UTC| Commentary

At the end of May, the euro had reached a twelve-month low against the Swiss franc, falling below 1.14. Since then, the EUR/CHF pair has consolidated in its medium-term range. Domestically, the Swiss economy continues to...

U.S. University of Michigan consumer sentiment index falls in July

Jul 13, 2018 19:10 pm UTC| Commentary

The preliminary estimate of the University of Michigan index of consumer confidence eased to 97.1 in July, coming in below consensus expectations of 98. The fall was driven by consumers assessment of current economic...

Australian economy likely to expand 2.75 pct in 2018-2019 - Scotiabank

Jul 13, 2018 17:41 pm UTC| Commentary

The Australian economy is performing quite well, mainly due to domestic demand. The nations fixed investment gains are stimulated by public infrastructure projects while business sentiment continues to be strong, leading...

U.S. import prices fall sequentially in June

Jul 13, 2018 15:08 pm UTC| Commentary

Import prices in the U.S. dropped in June. On a sequential basis, import prices dropped 0.4 percent, as compared with consensus expectations of a rise of 0.1 percent. Non-petroleum import prices dropped 0.3 percent...

China’s trade surplus reaches six-month high in June, domestic demand likely to drive import growth in H2

Jul 13, 2018 13:49 pm UTC| Commentary

Chinese trade surplus reached a six-month high in June, owing to a considerable deceleration in import growth. Import growth eased to 14.1 percent year-on-year in June from Mays 26 percent. The growth in imports of...