Hong Kong’s retail sales likely to have grown in March

Apr 30, 2018 21:32 pm UTC| Commentary

Hong Kongs March retail sales data is set to be released this week. According to a DBS Bank research report, retail sales is likely to have grown 10.8 percent in terms of value and 8.2 percent in terms of volume in March,...

Norwegian central bank likely to keep interest rates on hold in May

Apr 30, 2018 20:32 pm UTC| Commentary

The Norwegian central bank is set to meet this week for interest rate decision. According to a Nordea Bank research report, the interest rates are expected to remain unchanged. It is an in between meeting and there would...

German retail sales dropped again in March, consumer spending remains weak

Apr 30, 2018 19:33 pm UTC| Commentary

German retail sales surprised on the downside again in March. Consumer spending continues to disappoint. Hight street activity in the Germany dropped for the fourth straight month, falling 0.6 percent on a sequential...

Norwegian retail sales rise above expectations in March

Apr 30, 2018 18:35 pm UTC| Commentary

Norwegian retail sales rose above expectations in March. Still the trend is not quite solid, noted Nordea Bank in a research report. Retail sales rose 1.1 percent sequentially in the month, as compared with consensus...

U.S. pending home sales rise in March, existing home sales likely to rise in comings months

Apr 30, 2018 17:51 pm UTC| Commentary

U.S. pending home sales rose modestly in the month of March. On a sequential basis, pending home sales rose 0.4 percent, slightly below consensus expectations of a rise of 0.7 percent. The data for February was downwardly...

German inflation remained unchanged year-on-year in April, euro area core rate likely to have dropped

Apr 30, 2018 16:09 pm UTC| Commentary

German inflation stayed the same in the month of April. The headline consumer price inflation remained unchanged at 1.6 percent on a year-on-year basis. While the prices for energy and food have risen slightly stronger on...

Taiwanese economy likely to expand 2.8 pct in 2018, inflation to reach 1.3 pct – DBS Bank

Apr 30, 2018 16:05 pm UTC| Commentary

The Taiwanese economy expanded 3 percent on a year-on-year basis, a stable rate as compared to 3.3 percent in the final quarter of 2017. On a sequential basis, growth eased to 1.3 percent from 4.3 percent, but the...