U.S. residential investment likely to be supportive to GDP growth in Q3
Aug 18, 2017 21:32 pm UTC| Commentary
The modest rise in U.S. new home sales in June was encouraging, rising 0.8 percent to 610,000 unit rate. However, revisions to earlier months removed 27,000 sales that dulled the June reading. On the contrary, some...
Japanese economic growth likely to slow in Q3, core CPI to strengthen to 0.8 pct in September
Aug 18, 2017 20:54 pm UTC| Commentary
The Japanese economic growth surprised to the upside in the second quarter and seems set to remain at or above potential in the coming quarters. But, inflation lags might not narrow until the second half of 2018. The...
Canadian retail sales likely to have dropped in June, says TD Economics
Aug 18, 2017 20:16 pm UTC| Commentary
Canadian retail sales are likely to have dropped in June. According to a TD Economics research report, the nations retail sales are expected to have risen 0.4 percent after several upbeat retail reports. Gasoline station...
U.K. inflation likely to reach 3 pct in final quarter of 2017, says Lloyds Bank
Aug 18, 2017 20:14 pm UTC| Commentary
Consumer price inflation in the U.K. is likely to resume its acceleration over the course of this year, according to a Lloyds Bank research report. Inflation in the nation has recently stalled in its upward...
ECB likely to extend QE into 2018, may hike deposit rate in Q2 2018 - Barclays
Aug 18, 2017 18:54 pm UTC| Commentary
The ECB expects President Draghis Jackson Hole speech to concentrate on the theme of the symposium, stimulating a dynamic global economy as compared to the monetary policy which was the focus of his quantitative easing...
U.K. economic growth likely to reach 1.6 pct in 2017 and slow to 1.4 pct in 2018 – Lloyds Bank
Aug 18, 2017 18:27 pm UTC| Commentary
The pace of U.K. economic activity rebounded in the second quarter, with the preliminary data showing that the economy expanded 0.3 percent quarter-on-quarter. While this shows an acceleration from the first quarters...
Chilean economic growth rebounds sequentially in Q2, construction sector remains a drag
Aug 18, 2017 17:43 pm UTC| Commentary
Chiles economic growth expanded in the second quarter when compared with the prior quarter. The economy expanded 0.9 percent year-on-year and grew 0.7 percent quarter-on-quarter. The construction sector continues to impede...