Chart of the Day: China's unsustainable debt
Sep 20, 2016 18:03 pm UTC| Commentary Economy
This nice chart from the Bank of International Settlements (BIS), shared by zerohedge.com shows the rise in Chinas debt to GDP gap to 30.1 percent, three times the level considered as critical. This indicator has served...
Q2 wages in the euro area grow at the weakest pace in six years
Sep 20, 2016 12:18 pm UTC| Commentary Economy
Wages in the euro area grew at the weakest pace in almost six years, during the three months ended June, a signal that the common currency zone is struggling the odds of a muted economic recovery, a phase of worry for the...
Consumption and construction likely to drive Finnish GDP growth in 2016
Sep 20, 2016 11:46 am UTC| Insights & Views Economy
Finland has been in the economic doldrums for a decade and the nations centre-right government is struggling to kick-start growth while keeping a lid on debt. The impact of the sharp decline in Nokias former phone business...
UK likely to avoid Brexit-recession following slight economic rebound, says Danske Bank
Sep 20, 2016 11:05 am UTC| Commentary Economy
The United Kingdom is expected to avoid a post-Brexit recession after soft economic indicators suggest that the economy has rebounded in August after the initial deceleration in July. As the economic data have been better...
China new loans rebound in Aug; RMB loan growth likely to slow in Q4
Sep 20, 2016 10:15 am UTC| Commentary Economy
Chinas new loans denominated in yuan terms rebounded during the month of August, largely beating market consensus. However, the loan growth in terms of renminbi is likely to slow down in the last quarter of the year, as a...
Malaysia industrial sector remains resilient despite external headwinds; risks likely to moderate
Sep 20, 2016 09:39 am UTC| Commentary Economy
Industrial performance in Malaysia remained resilient during the month of July, despite external headwinds. This was especially remarkable given that weak external demand and the challenging global economic conditions have...
Weak energy prices pull down Germany’s producer prices steeper than expected
Sep 20, 2016 09:34 am UTC| Commentary Economy
Producer prices in Germany declined during the month of August, staying steeper than what markets had earlier anticipated, following weak global energy prices that kept the economy muted. Germanys producer prices fell...
Economic Shockwaves: How Trump's Tariffs Could Affect Your Wallet
FxWirePro- Major Economic events for the day