U.K. economic growth likely to decelerate in 2017, consumer spending to weaken

Apr 20, 2017 22:17 pm UTC| Commentary

The U.K. economy expanded better than expected at the end of last year. According to a Scotiabank research report, the economy is expected to grow 2 percent year-on-year in this year. This would be an acceleration as...

Euro area economic growth recovery more sustainable, says Scotiabank

Apr 20, 2017 21:49 pm UTC| Commentary

The euro area economy has indicated signs of a considerable acceleration following a 0.4 percent quarter-on-quarter growth in the fourth quarter of last year. Recently, all business surveys have continuously surprised on...

Canadian economy likely to expand 2.3 pct this year, exports and investment to drive growth

Apr 20, 2017 21:29 pm UTC| Commentary

Through the early-2017, Canadas economy continued to bolster; however, the sources of the accelerating growth of the nation are proving slightly different from the ones expected a few months ago, noted Scotiabank in a...

Japanese economy likely to grow 1 pct in 2017 on higher exports expectations, says Nordea Bank

Apr 20, 2017 21:28 pm UTC| Commentary

The Japanese economy is currently expanding more than its estimated potential of 0.8 percent and is in a cyclical recovery, noted Nordea Bank in a research report. In the second half of 2016, net exports mainly contributed...

Thai manufactured goods exports growth likely to have sustained strong pace in March, says DBS

Apr 20, 2017 19:17 pm UTC| Commentary

Thai manufactured goods exports in the Jan-Feb 2017 period rose 3.9 percent year-on-year and are likely to have sustained the pace in March, according to a DBS research report. The current rate of pace appears to be strong...

CBR likely to continue cutting key interest rate

Apr 20, 2017 19:14 pm UTC| Commentary

The Central Bank of Russia is expected to continue the series of the key rate cut. There is a 100 percent possibility for the CBR to continue cutting its key interest rate, noted Nordea Bank in a research report. Inflation...

Cyclical recovery of global economy to continue, likely to expand 3.2 pct in 2017

Apr 20, 2017 19:13 pm UTC| Commentary

In the past six-months, the global economy has witnessed a cyclical rebound, noted DNB in its research report. The rebound in global economy is because of better expansion in emerging markets as well as in advanced...