Canada’s small business optimism falls again in August, economic growth rate to underpin sentiment
Aug 31, 2017 23:00 pm UTC| Commentary
The Canadian CFIB Business Barometer index dropped 0.9 points in August to 59.8, marking the third consecutive decline with the index having pulled back a cumulative 6.2 points from the most recent cyclical high of 66...
Danish economic growth remains on strong ground, economy likely to grow 2.5 pct in 2017
Aug 31, 2017 22:45 pm UTC| Commentary Economy
Denmarks economic upturn continues to be on strong ground. The Danish economy grew 0.6 percent sequentially in the second quarter. Public spending mainly drove the economic growth, as private consumption took a pause...
Danish economic growth remains on strong ground, economy likely to grow 2.5 pct in 2017
Aug 31, 2017 22:45 pm UTC| Commentary Economy
Denmarks economic upturn continues to be on strong ground. The Danish economy grew 0.6 percent sequentially in the second quarter. Public spending mainly drove the economic growth, as private consumption took a pause...
Bank of Korea likely to keep monetary policy accommodative, adopt wait-and-see approach
Aug 31, 2017 22:24 pm UTC| Commentary Central Banks
The South Korean central bank, Bank of Korea kept its key interest rates on hold at 1.25 percent on Thursday, as was widely anticipated. It has kept its rates unchanged since lowering by 25 basis points in June 2016. The...
ECB’s tapering decision likely to take place in months ahead, may lower inflation forecast
Aug 31, 2017 22:06 pm UTC| Commentary
The tapering decision of European Central Bank is likely to take place in the months ahead, noted Nordea Bank in a research report. The fragile inflation outlook is expected to postpone the decision until October, but the...
Aug 31, 2017 19:05 pm UTC| Commentary
The flash estimates of euro area inflation for the month of August were released today. The headline consumer price inflation rose 0.2 percentage points to 1.5 percent year-on-year, which is a four-month high. However,...
India’s economic growth slows down in Q1 FY2018, underlying growth likely to remain moderate
Aug 31, 2017 18:40 pm UTC| Commentary
Indias first quarter economic growth for the fiscal year 2018 considerably undershot market expectations. Indias GDP growth decelerated in the April to June quarter to 5.7 percent amidst a sharp drop in manufacturing...