Czech retail sales likely recovered in May on robust consumer spending

Jul 07, 2016 06:33 am UTC| Commentary Economy

Czech Republics retail sales are likely to have rebounded in May with the help of solid consumer spending. According to a Societe Generale research report, the nations retail sales are expected to have grown 7.7 percent...

Canada’s trade deficit remains fairly stable in May; exports expected to rebound in H2

Jul 07, 2016 06:31 am UTC| Commentary Economy

Canadas trade deficit remained quite stable in May at CAD 3.3 billion. The nation recorded a decline in exports of 0.7 percent, whereas imports dropped 0.8 percent. Real exports and imports dropped 2.3 percent and 0.9...

Australia’s construction sector rebounds in June, hits 10-month record high

Jul 07, 2016 05:59 am UTC| Commentary Economy

Australias construction sector rebounded in June, hitting a 10-month record high during the month, after having witnessed decline during the month of May. The expanding pace of construction came in two months after the...

Thailand’s consumer sentiment drops for sixth straight month in June

Jul 07, 2016 05:41 am UTC| Commentary Economy

Consumer sentiment in Thailand during the month of June dropped for the sixth straight month in a row, on overwhelming concerns that the decision of Britain to leave the European Union will adversely affect both the...

Taiwan June exports likely to witness smallest decline in over 1.5 years

Jul 07, 2016 05:12 am UTC| Commentary Economy

Taiwans exports during the month of June are expected to witness the smallest decline in over one-and-a-half years, largely owing to the stabilization in global oil and commodity prices. However, the outlook for a real...

US trade deficit widens in May; net trade likely to hamper growth in H2

Jul 07, 2016 05:10 am UTC| Commentary Economy

In May, the US trade deficit widened to USD 41.1 billion from Aprils deficit of USD 37.4 billion. The deficit was more than market projections USD 40 billion. Mays deficit shows a drop of USD 314 million in the value of...

FxWirePro: The Day Ahead- 7th July 2016

Jul 07, 2016 04:50 am UTC| Commentary Economy

Lots of economic dockets lined up today but all with low to medium volatility risks associated. Upcoming: Japan: Leading economic and coincident index for May will be released at 5:00 GMT. Japan will release...