Czech exports, household consumption primarily drive economic growth

Aug 30, 2016 11:54 am UTC| Commentary Economy

Economic growth rate of the Czech Republic is gradually slowing this year, after expanding strongly in 2015. Exports and household consumption are mainly driving up the demand side of the economy. On the contrary,...

Domestic consumption likely to make a substantial positive contribution to U.S. third-quarter GDP

Aug 30, 2016 11:43 am UTC| Insights & Views Economy

Consumer spending in the U.S. accounts for 70 percent of economic activity and is the main contributor to power overall growth in the second half of the year. Data released by the U.S. Commerce Department on Monday showed...

Briferendum Aftermath Series

Briferendum Aftermath Series: London under attacks from Europe to woo businesses away

Aug 30, 2016 10:08 am UTC| Commentary Economy

After the people of the United Kingdom voted in favor of leaving the European Union, several countries, big or small, from Europe have joined the battle against London, which regarded as the worlds number one financial hub...

Global Geopolitics Series

Is the Trans-Pacific Partnership dead? Six essential reads

Aug 30, 2016 09:08 am UTC| Insights & Views Economy

President Obama plans to make a last-ditch push to get Congress to approve his signature Trans-Pacific Partnership (TPP) trade deal by urging senators to pass it in a lame-duck session after the election. The chances of...

Inflation data from Europe pose doubts over effectiveness of ECB policy

Aug 30, 2016 07:35 am UTC| Commentary Economy Central Banks

The first batch of inflation data is out from Europe and so far, it has done nothing but to pose doubts over the effectiveness of monetary policy in Europe. The European Central Bank (ECB) is undoubtedly doing utmost....

Germany’s import prices drop at slower pace in July

Aug 30, 2016 07:27 am UTC| Commentary Economy

Germanys index of import prices has dropped again in July, but at a slower pace, according to Germanys official statistics office, Destatis. The index of import prices, on a year-on-year basis, fell 3.8 percent in July....

FxWirePro: The Day Ahead- 30th August, 2016

Aug 30, 2016 06:49 am UTC| Commentary Economy

Lots of economic dockets and events are scheduled for today but all with low to medium volatility risks associated. Data released so far: Australia: Building permits grew by 11.7 percent in July, up 3.1 percent...