Consumption leads French GDP growth

Nov 13, 2015 06:32 am UTC| Commentary Economy

In France, goods consumption, which shares 50% of total consumption posted a solid growth rate of 0.7% qoq in Q3. The industrial output inched up by 0.4% qoq at the same time.The Q3 GDP of the economy is expected to grow...

MYR stands among lowest-yielding currencies

Nov 13, 2015 06:21 am UTC| Commentary

Malaysias central bank gave clues about rebuilding FX reserves recently. This implies that MYR appreciation scope would be likely limited by official USD buying when there will be a rise in capital inflows. MYR is one...

Italian economy to rebound soon

Nov 13, 2015 06:14 am UTC| Commentary

Italian economy posted a steady growth rate of 0.3% qoq in Q3. The economy recorded same growth rate in Q2 also. The GDP report indicates the economy is likely to rebound in H2. The industry activity of the economy...

India's March 2016 CPI likely to rise to 5.8%

Nov 13, 2015 05:54 am UTC| Commentary

Indias CPI showed an upside surprise slightly, standing at 5.0% yoy, rising from that of September print of 4.4%. Underlying inflation stays in check, even with a raise. The October Core CPI appears manageable at 4.14%...

Spanish GDP likely to decelerate in Q4

Nov 13, 2015 05:42 am UTC| Commentary

Spains Q3 GDP figure released at the end of October posted 0.8% quarter on quarter growth and 3.4% year on year. The figure reveals domestic demand (domestic consumption) is the key driving factor of this...

Russia's 2015 growth likely to be -4%yoy

Nov 13, 2015 05:40 am UTC| Commentary

Russias Q3 real GDP climbed -4.1% from -4.6% in Q2, while consensus was expecting a -4.4%yoy. The implied qoq reading is 0.1%, which improved modestly. So if this improvement sustains in Q4, this marks an end of...

US federal deficit likely to remain at current levels in Q4

Nov 13, 2015 05:29 am UTC| Commentary Economy

US Treasury released its monthly federal budget balance statement for October, in which a deficit of $137bn was reported. This is modestly above the consensus expectations of $132bn. When compared to same period last...