Germany's trade balance is likely to drop in August

Oct 07, 2015 04:55 am UTC| Commentary

In August, the German trade surplus is expected to have amounted to 18.1bn, the lowest since January this year. On a trend basis, however, higher surpluses should return as the weak energy prices reduce the value of...

German industry activity to improve in Q3, but risks rising in Q4

Oct 07, 2015 04:54 am UTC| Commentary

In first half of the year, momentum in German industrial activity remained very weak but the ratio of orders to inventories have picked up markedly in August and September which should imply that quarterly growth in...

Canadian trade deficit widens in August

Oct 07, 2015 04:40 am UTC| Commentary

Canadas trade deficit widened to $2.5 billion in August, from $817 million during the month prior. Exports slid 3.6%, while imports inched up by 0.2%. In real terms, the picture was a little better, with export volumes...

Tepid global growth leads to substantial U.S. trade deficit widening

Oct 07, 2015 04:39 am UTC| Commentary

U.S. international trade deficit widened substantially to $48.3 billion in August, from $41.8 billion in July. The widening in the deficit was slightly worse than the 48.0bn expected by the market. With the exception of...

Daily Economic Outlook: 7th October, 2015

Oct 07, 2015 04:26 am UTC| Commentary

Domestically, todays industrial production release will provide further insight into the outlook for Q3 U.K. GDP. Recent changes to historical output data as part of the annual Blue Book process means the current vintage...

US Q3 GDP tracking estimate rises to 1.5% after August trade data

Oct 07, 2015 04:26 am UTC| Commentary

US nominal trade deficit widened to $48.3bn in August. The July deficit was little-revised in nominal terms ($41.8bn, initial: $41.9bn) such that the August data represent a $6.5bn widening on the month.Exports were down...

German factory orders plummet in August

Oct 07, 2015 04:21 am UTC| Commentary

August headline factory orders growth plunged unexpectedly in Germany by 1.8% m/m, after a downward revision in July to -2.2% m/m. Core orders (excluding volatile big-ticket orders for transportation equipment, etc)...