Taiwanese economy likely to have expanded strongly in Q1 2018
Apr 23, 2018 20:51 pm UTC| Commentary
The Taiwanese economic growth data for the first quarter is set to be released this week. According to a DBS Bank research report, the economy is likely to have expanded 3.5 percent year-on-year in the first quarter,...
Russian central bank likely to adopt wait-and-see mode, may resume easing cycle in H2 2018
Apr 23, 2018 20:39 pm UTC| Commentary
The extreme volatility of the Russian ruble in April has significantly changed the outlook of Russian economic activity and the actions of the Central Bank of Russia. Since then the ruble has found a new equilibrium level...
Canadian wholesale sales fall sequentially in February on decline in four subsectors
Apr 23, 2018 19:29 pm UTC| Commentary
Canadian wholesale sales fell in the month of February. Sales dropped 0.8 percent sequentially to CAD 62.8 billion, the largest downward movement and the second monthly fall since September 2017, showed Statistics Canada....
Apr 23, 2018 18:16 pm UTC| Commentary
U.S. existing home sales rose sequentially in March. Sales were up 1.1 percent, rising to 5.6 million units, surpassing market projections of a modest rise of 0.2 percent sequentially. Home sales, on a year-on-year basis,...
South Korean economic growth likely to have remained stable at 2.8 pct in Q1 2018
Apr 23, 2018 17:13 pm UTC| Commentary
The South Korean economic growth data for the first quarter is set to release this week. According to a DBS Bank research report, the GDP growth is likely to have remained stable at 2.8 percent year-on-year in the first...
U.S. flash service PMI rises slightly in April
Apr 23, 2018 15:56 pm UTC| Commentary
U.S. flash service PMI rose slightly in April. The seasonally adjusted IHS Markit flash Services PMI Business Activity rose to 54.4 from Marchs 54. Even though it is below the long-run series average, the latest reading...
U.S. manufacturing business conditions rebound in April, flash PMI index rises to 56.5
Apr 23, 2018 15:11 pm UTC| Commentary
U.S. manufacturers reported the greatest rebound in the overall business conditions since September 2014 in April. This was seen in the flash PMI index that rose to 56.5 in April from Marchs 55.6. Notable growth in output...