Briferendum Aftermath Series: REC warns of unemployment
Aug 05, 2016 11:43 am UTC| Commentary Economy
According to the Recruitment and Employment Confederation (REC), uncertainties surrounding the June 23referendum have led to thesharpest drop in new permanent jobs in the United Kingdom. According to data that are fed by...
Czech retail sales growth slows in June
Aug 05, 2016 11:38 am UTC| Commentary Economy
Growth of Czech retail sales slowed in June following a sharp rise in the prior month. According to Czech Statistic Office, seasonally adjusted retail sales, excluding automobile trade, grew 6.2 percent year-on-year, as...
Worrisome Signs Series: LMCI urges caution
Aug 05, 2016 11:14 am UTC| Commentary Economy
Labor market condition index (LMCI) that was developed by the U.S. Federal Reserve in 2014 to better track the conditions prevailing in the U.S. labor market is sending worrying signals. The LMCI is derived from a dynamic...
Indonesia’s Q2 GDP growth surprises on upside, domestic demand to gain momentum in H2
Aug 05, 2016 06:52 am UTC| Commentary Economy
In the second quarter of 2016, Indonesias gross domestic product rose 5.18 percent year-on-year, according to Indonesias statistics agency, BPS. The economic growth for second quarter came in better than projections and...
Jobless claims in US remain stable in July-end
Aug 05, 2016 05:39 am UTC| Commentary Economy
US initial jobless claims, in the week endingJuly 30, rose by 3000 to 269,000, close to theconsensus projection of 265,000. Moreover, the four-week moving average of initial claims increased to 260,000 from the previous...
FxWirePro: The Day Ahead: August 5, 2016
Aug 05, 2016 04:55 am UTC| Commentary Economy
Not many economic dockets and events scheduled for today but some with very high volatility risks associated. Data released so far: Japan: Labor cash earnings rose by 1.3 percent in June from a year...
Rise in German residential building activity drives construction growth in July
Aug 04, 2016 10:49 am UTC| Commentary Economy
Sustained growth in residential building activity drove further growth in Germanys construction work, showed July data. Total construction output was up for the 18th straight month in July. The expansion rate was modest,...