Chinese economic growth contributes positively to global outlook

Jun 09, 2017 22:58 pm UTC| Commentary Economy

The economic growth of China has continued to be strong, contributing positively to the global outlook. The largest near-term risk is related to the policy tightening in the financial sector. The change in the Chinese yuan...

Canada’s manufacturing sales growth likely to have grown sequentially in April

Jun 09, 2017 22:57 pm UTC| Commentary

Canadas manufacturing sales growth is likely to have risen on a sequential basis in April. According to a TD Economics research report, the manufacturing sales growth is likely to have accelerated to 1.2 percent...

Swedish consumer price inflation likely slowed down sequentially in May – Nordea Bank

Jun 09, 2017 22:21 pm UTC| Commentary

The Swedish consumer price inflation is likely to have slowed in sequential terms in May. According to a Nordea Bank research report, the CPI is likely to have dropped to 0.1 percent sequentially in May, while the CPIF is...

May PMI survey data shows global economy on course for strong second quarter

Jun 09, 2017 22:10 pm UTC| Commentary

The PMI survey data indicates that the global economy is on course for a strong second quarter. The JPMorgan Global PMI, which is compiled by IHS Markit from its several national surveys, rose to 53.7 in May from Aprils...

Central Bank of Russia likely to cut key rate by 25 bps in June, says Danske Bank

Jun 09, 2017 19:58 pm UTC| Commentary

The Russian central bank, Central Bank of Russia (CBR) is set to announce its monetary policy decision next week. According to a Danske Bank research report, the central bank is likely to lower the key interest rate by 25...

Swedish household consumption rebounds in April, business sector to continue to perform in months ahead

Jun 09, 2017 18:19 pm UTC| Commentary

Swedish household consumption bounced back in April. The consumption data picked-up in April, owing to major calendar effects. Swedish household consumption rose 1.4 percent sequentially after falling 0.3 percent in March....

U.S. April wholesale inventory data downwardly revised to -0.5 pct

Jun 09, 2017 16:57 pm UTC| Commentary

U.S. wholesale inventory data for the month of April was downwardly revised from its initial estimate. The data was revised down to -0.5 percent sequentially from the earlier estimate of -0.3 percent month-on-month. The...