French GDP to show consumption driven recovery
Nov 12, 2015 21:53 pm UTC| Commentary Economy
Q3 GDP growth of 0.4% qoq is expected in France (up from 0% in the previous quarter). A batch of hard data even suggests that risks are tilted to the upside. Goods consumption (representing 50% of total consumption)...
Spanish GDP growth has passed its peak
Nov 12, 2015 21:38 pm UTC| Commentary Economy
The Q3 GDP figure for Spain was released at the end of October, but without the details in terms of components. Growing by 0.8% qoq in Q3 (3.4% yoy), the Spanish economy remained one of the most dynamic in the euro area....
Nov 12, 2015 21:34 pm UTC| Commentary Economy
German GDP is expected to have grown by 0.4% qoq, the same as in Q2, pointing to resilience to the Greek confidence shock and global growth concerns due to China. Late data in Q3 have however been weaker than expected,...
Steeper slowdown in China may put world on recession path
Nov 12, 2015 12:03 pm UTC| Commentary Economy
Chinas economy is believed to be following a more bearish trend than expected. China accumulated too much capital but it is unable to establish a balance between investment spending and consumption. If the rebalancing...
Sweden's inflation shows positive momentum
Nov 12, 2015 05:30 am UTC| Commentary Economy
Swedens economy is performing well, and growth has not been a problem. There was a low inflation, way below their central banks target for years together. The CPI was averaging 0.8% in last 5 years, while CPIF was...
Swedish economy continues to perform well
Nov 12, 2015 04:56 am UTC| Commentary Economy
Swedish economy is performing well, positve data in G10 countries helps, and healty development of the economy is pointed by the indicators. Positive momentum is showed by the Economic Tendency Indicator and infact...
A technical recession underway in China
Nov 12, 2015 02:35 am UTC| Commentary Economy
The 3Q GDP (preliminary) is due for release next Monday. It is estimated that growth has contracted 0.8% (QoQ saar), better than the -1.2% recorded in 2Q, but worse than the consensus forecast of -0.3%. This will confirm...