Australia's trade deficit to shrink on stronger export values

Aug 03, 2015 05:43 am UTC| Commentary

Australias trade balance data for June is due to on 4th August.According to the initial official estimate, Australias imports rebounded after their May decline: with the reported increase in imports of goods of 4.4%...

Germany ZEW expected to weaken in August

Aug 03, 2015 05:42 am UTC| Commentary

Last month, the ZEW investor economic sentiment indicator disappointed despite a rise in the assessment of the current situation.For August, both expectations and current conditions are expected to weaken further in the...

German industry was still struggling to recover in June

Aug 03, 2015 05:39 am UTC| Commentary

German industrial output to have increased by 0.4% mom in June, following flat growth in May.Despite the weak momentum, the average for Q2 should be similar to Q1 and provide room for around 0.5% qoq growth in Q2, with...

Weak foreign orders increase expected in Germany in June

Aug 03, 2015 05:36 am UTC| Commentary

Following the mild decline of 0.2% mom in May, we expect factory orders to have grown by 0.2% mom in June. For Q2 as a whole, this would still put foreign orders well ahead, with domestic orders having disappointed."While...

Final Euro area July inflation to confirm flash estimates at 0.2% yoy

Aug 03, 2015 05:33 am UTC| Commentary

The flash estimate of euro area HICP inflation in July was stable, in line with consensus at 0.2% yoy. Core inflation rose to 1.0% yoy in July vs 0.8% yoy in June, above the expectations of 0.9% yoy and the consensus...

Euro Area consumption likely to have been the main engine of growth

Aug 03, 2015 05:28 am UTC| Commentary

The euro area GDP to grow by 0.4% qoq in Q2 2015. This would represent 1.3% qoq at an annualised rate, higher than the euro area GDP potential (1.0%). The cyclical recovery continued in Q2 with the same momentum as Q1,...

Euro area June IP growth likely to post at 1.5% yoy with strength from Germany and France

Aug 03, 2015 05:23 am UTC| Commentary

National data, accounting for around 90% of global euro area industrial production growth is awaited. "Taking into account the forecasts for Germany, France, Italy and Spain and assuming that the other countries industrial...