Finnish economic growth contracts sequentially in Q2
Aug 15, 2017 21:21 pm UTC| Commentary
The Finish economic growth contracted in the second quarter of this year, according to the flash estimate. Finlands GDP growth shrank 0.5 percent in the June quarter on a sequential basis, and grew 1.6 percent...
Aug 15, 2017 20:35 pm UTC| Commentary Economy
The U.K.s annual rate of consumer price inflation remained the same in July from Junes reading. The CPI inflation came in at 2.6 percent year-on-year, coming in below the consensus expectations of 2.7 percent. The core...
Canada’s existing home sales fall again in July, housing affordability likely to deteriorate
Aug 15, 2017 18:18 pm UTC| Commentary
Canadas existing home sales dropped on sequential basis in July. The sales fell 2.1 percent on the month, a fourth straight monthly decline. Existing home sales are now 15.3 percent below the peak reached in March of this...
U.S. business inventories rise above expectations in June
Aug 15, 2017 18:08 pm UTC| Commentary
U.S. business inventories in June rose above expectations. This signifies a slight upward revision to already-released GDP estimates for the second quarter, noted Wells Fargo in a research report. A brisk rate of sales...
U.S. NAHB housing market index rebounds in July, housing sector likely to recover steadily in 2017
Aug 15, 2017 16:54 pm UTC| Commentary
The U.S. NAHB housing market index of homebuilder confidence improved in July. The index rose four points to 68 in the month, as compared with consensus expectations of 66. The rebound was mainly due to a rise in...
U.S. import prices rise in July, upside risks to imported inflation lull likely - Barclays
Aug 15, 2017 15:54 pm UTC| Commentary
U.S. import prices rose in line with consensus expectations in July. The prices grew 0.1 percent sequentially. While core import prices stayed flat on the month, slightly weaker than consensus projection of a 0.1 percent...
U.S. retail sales grows strongly in July, economy likely to grow 3 pct in Q3
Aug 15, 2017 15:06 pm UTC| Commentary
The U.S retail sales grew strongly in July, coming above consensus expectations. The retail sales were up 0.6 percent sequentially, as compared with consensus forecast of a 0.3 percent rise. The Junes print was also...