New Zealand economic growth likely to have accelerated in Q2 2017

Sep 14, 2017 22:01 pm UTC| Commentary

The New Zealand economic growth is expected to have accelerated sequentially in the second quarter of this year. According to a Westpac research report, the economy is likely to have grown 0.8 percent in the June quarter...

Household consumption likely to remain key growth driver of Hungarian economy – Erste Group Research

Sep 14, 2017 21:14 pm UTC| Commentary

The Hungarian economic growth decelerated in the second quarter from 4.2 percent year-on-year to 3.2 percent year-on-year. But this was mainly because of a one-off decline of inventories. In the meantime, underlying...

U.K. housing market outlook continues to be stable

Sep 14, 2017 19:25 pm UTC| Commentary Economy

U.K. RICS housing survey for August showed that 6 percent of surveyors recorded an increase in house prices in the last three months, up from 1 percent a month earlier. But, the headline figure hid very notable regional...

U.S. Fed likely to announce start of balance sheet normalisation next week

Sep 14, 2017 19:12 pm UTC| Commentary

The U.S. Fed is expected to announce the beginning of its balance sheet normalisation during its FOMC meeting that is set to take place next week. According to Nordea Bank, no major changes are expected. The central bank...

Bank of England stands pat in September, likely to hike rate by 25bps in Q1 2018

Sep 14, 2017 17:41 pm UTC| Commentary Central Banks

As was widely anticipated, the Bank of England kept its key bank rate and stock of bonds unchanged. However, a majority of the committee saw a withdrawal of stimulus appropriate in the months ahead. The MPC decision was...

Chinese economic growth likely to moderate further in months ahead - Commerzbank

Sep 14, 2017 16:41 pm UTC| Commentary Economy

The Chinese activity data came in considerably weaker than anticipated in August, implying that the property deceleration has begun to bite. Industrial production expanded 6 percent year-on-year in August, from 6.4 percent...

Swedish jobless rate drops more than expectations in August, employment to continue to rise

Sep 14, 2017 16:08 pm UTC| Commentary

The Swedish jobless rate dropped by more than expectation in August as employment surprised on the upside. Moreover, labor supply reached a new high since the early 90s. After the subdued reading in July, the labor market...