Danish economic growth rises but weaker than peer economies
Jun 22, 2016 12:51 pm UTC| Commentary Economy
The Danish economy, in the first quarter, had surprised on the upside with GDP growth of 0.5 percent q/q after a disappointing H2 2015. There was an increase in demand as declining inventories subtracted 0.3 percentage...
Poland’s jobless rate likely to have dropped in May
Jun 22, 2016 12:14 pm UTC| Commentary Economy
Polands jobless rate is likely to have declined in May. According to a Societe Generales research report, the Polish unemployment rate is expected to have dropped to 9.1 percent, slightly lower than the recent Labor...
SARB to refrain from hiking rates in July, may hike by end-2016 if CPI surprises
Jun 22, 2016 12:09 pm UTC| Insights & Views Central Banks Commentary Economy
South African Reserve Bank (SARB) will announce its interest rate decision on 21 July. In mid-May the SARB took a break in the rate hike cycle but openly admitted its dilemma between a weak real economy and high inflation...
Jun 22, 2016 11:43 am UTC| Commentary Economy
Recently, Frances INSEE business climate indicators have been resilient and have tinted a significantly stronger picture of the French economy than the PMI counterparts. In June, Frances manufacturing confidence might have...
South Korean June exports likely to continue fall amid sluggish global demand
Jun 22, 2016 11:06 am UTC| Economy Commentary
The preliminary customs release has dashed any hopes of a quick recovery in external trade with exports set to fall for an eighteenth straight month in June. The customs data showed that exports fell by 12.8 percent y/y in...
German industries remain optimistic despite Brexit worries
Jun 22, 2016 10:57 am UTC| Economy Commentary
German industrial companies remained optimistic over their business, defying worries of a Brexit on Thursday. Nearly two-thirds of German industrial companies say a British exit from the European Union wont hurt their...
Brazil’s economy possibly at turning point; BCB likely to lower key rate by end-August
Jun 22, 2016 10:48 am UTC| Commentary Economy
There are tentative signs that Brazils economy might have reached a turning point. The economy, in the first quarter contracted 0.3 percent quarter-on-quarter as compared with projections of 0.8 percent contraction and Q4s...
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