Italy’s industrial production sinks deeper than expected in May
Jul 11, 2016 09:45 am UTC| Commentary Economy
Industrial production in Italy during the month of May sank deeper than the markets had expected, making conditions worse for Prime Minister Matteo Renzi to put the economy on a stable footing, especially after the Brexit...
Brazil’s retail sales likely declined in May; consumption growth unlikely to recover in near term
Jul 11, 2016 08:07 am UTC| Commentary Economy
In the first quarter, the rate of Brazils retail sales deceleration was quite the same, as compared to the fourth quarter of 2015. Retail sales is expected to have dropped 1.1 percent on sequential basis or 6 percent on...
Indonesian imports likely to contract on subdued household consumption
Jul 11, 2016 08:00 am UTC| Commentary Economy
Indonesian imports during the month of June are expected to contract despite hopes that the auspicious month of Ramadan will spike consumption, leading to rise in imports. A double-digit contraction is expected for the...
Czech Republic’s inflation likely to have slowed to zero in June
Jul 11, 2016 07:53 am UTC| Commentary Economy
Czech Republics inflation is likely to have stalled in June on both year-on-year basis and on a sequential basis, noted Societe Generale in a research report. While prices of fuel surged due to increasing oil prices and...
Does Bernanke bring helicopter ideas to BOJ?
Jul 11, 2016 07:11 am UTC| Commentary Economy Central Banks
With fresh smell of stimulus in the morning, Yen has weakened in the Asian hours of trading on Monday as former Federal Reserve governor Ben Bernanke visits Bank of Japan. It was not a surprise move by the end of last...
Australia’s housing finance recovers strongly in May; house price growth likely to moderate in 2016
Jul 11, 2016 06:44 am UTC| Commentary Economy
The value of Australias housing loan commitments recovered strongly in Mayowing to solid investor segment. Other housing indicators continued to be strong, implying that confidence in the housing market remains...
US jobs growth recovers strongly in June; US Fed to continue to ‘wait and watch’
Jul 11, 2016 06:13 am UTC| Commentary Economy
US jobs report for June has indicated a robust recovery following subdued reports for April and May. Employment in June rose 287,000 after growing just 11,000 in May. Junes employment growth accelerated since the Verizon...
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