Stable and tight German labor market expected in July

Jul 30, 2015 05:32 am UTC| Commentary

Germans unemployment rate in June was 6.4%. The number of unemployed in Germany in July is expected to have declined by 5 thousand, following the small drop of 1,000 in June. Therefore, the unemployment rate is expected to...

South Korean IP likely to have rebounded in June

Jul 30, 2015 05:30 am UTC| Commentary

South Korean June trade data showed a sizeable rebound in exports, and a part of this rebound can be attributed to an increase in production after adjusting for seasonality and differences in working days."South Korean...

Improvement likely in EC economic indicators for July

Jul 30, 2015 05:05 am UTC| Commentary

The euro area is scheduled to release data on key economic indicators like economic confidence indicators, business climate indicator, and indistrial, service and consumer confidence indicators for July. All these...

Japan's FY2020 primary balance goal likely to be achieved much more easily

Jul 30, 2015 05:00 am UTC| Commentary

Japan governments fiscal projection previously was based on tax revenue elasticity, i.e. the ratio of how much tax revenues rise or fall against a change in nominal economic growth, of around 1, which is said to correspond...

UK consumer confidence still rising

Jul 30, 2015 04:59 am UTC| Commentary

The surprise election victory for the Conservative party suggests that UK voters were happier about the state of the economy than pollsters had understood.The labour data showed what may prove to be a temporary dip in...

Recent Mexico growth weakness and labour market reversal counters the Fed risk

Jul 30, 2015 04:57 am UTC| Commentary

The OECD estimates put the output gap in 2014 at 1.3%. Given the recent growth weakness, although temporary in nature, the output gap could remain high for a much longer period of time than had originally been...

Aussie stays below 2-week resistance after FOMC

Jul 30, 2015 04:42 am UTC| Commentary

The Aussie remained under pressure today, trading in negative territory against the US dollar after the Federal Reserve (Fed) decided to keep the main interest rate unchanged at a record low after its two-day...